TSMC "Can Fill Huawei Order Gap in a Short Time"

[Asia Economy Beijing=Special Correspondent Park Sun-mi] TSMC, the world's largest foundry (semiconductor contract manufacturing) company, stated that even if it loses a major client like Huawei, it can fill the order gap in a short period of time.

According to China Xin Jing Bao on the 10th, Liu Deyin, chairman of TSMC, was asked at the shareholders' meeting held the previous day whether the company could fill the order gap if it could no longer supply products to Huawei due to US sanctions. He said, "I hope that does not happen," but added, "If it does, we can fill the gap in a short time." He also said, "However, it is difficult to predict how quickly the gap can be filled."

The US Department of Commerce announced last month that semiconductors produced in third countries using US-developed semiconductor equipment or software cannot be exported to Huawei without permission. Since the semiconductors TSMC has supplied to Huawei so far have used US semiconductor equipment, TSMC is also under the influence of US sanctions on Huawei. Moreover, TSMC is planning to build a factory in the US worth $12 billion.

Chairman Liu reassured shareholders by saying, "TSMC is not the only company affected by the US-China conflict," and "We will find solutions and overcome difficulties one by one."

Regarding the US factory construction plan, he said, "TSMC's US investment plan definitely aligns with the company's interests and will help gain customer trust and expand the talent pool."

This content was produced with the assistance of AI translation services.