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TSMC says it is working to appease the chip shortage

TSMC says it is working to appease the chip shortage

The shortage of chips continues to negatively affect the different companies of electronic products and automobiles. Many have been forced to temporarily stop their production lines or look for alternatives to be able to launch their devices on time. Now, the Taiwanese TSMC , one of the largest semiconductor manufacturers, says it is doing everything possible to end the global chip problem. Not to mention, yes, a date.

According to Reuters, TSMC has participated in a meeting at the White House to address the issue of the global shortage of semiconductors. The company has stressed that it is supporting and working together with “all interested parties” in order to end supply difficulties. It also details that its latest expansion plans will offer “long-term” stability in the supply of these components.

“We are confident that our capacity expansion plan, including the advanced 5nm semiconductor factory in Phoenix, Arizona, one of the largest foreign direct investments in US history, will allow us to support the industry to drive forward long-term stability in semiconductor supplies. “

Not only TSMC: Toshiba also focuses its efforts to boost chip production

The aforementioned source also revealed that Toshiba will not be able to meet the high demand for vehicle components and consumer electronics devices. At least until the end of 2022. The company, in addition, will invest up to 545 million dollars with the aim of boosting the production of semiconductors.

TSMC, which is one of the main chip distributors for Apple, has raised producer prices due to high demand. Recent reports revealed that the company planned to increase the price of 7nm chips, making them up to 10% more expensive . Processors with a 16nm architecture would increase in price by up to 20%.

The price could have a negative impact on consumers, since it would increase the cost of the devices. However, the Cupertino company, one of those affected, seems to be able to cope with this increase and maintain costs in its consumer devices.

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