Thursday, April 15, 2021

Amid the global crisis, chip maker TSMC invests $ 100 billion

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In the midst of the global semiconductor crisis – influenced in large part by the pandemic and the explosion in the consumption of increasingly intelligent electronic products – Taiwan Semiconductor Manufacturing (TSMC) has announced that it intends to invest US $ 100 billion over the next three years to increase production capacity. The company is an industry leader and, according to information from Bloomberg, planned an investment of US $ 28 billion this year, but that was not enough to meet the needs of the market.

Also according to the news agency, the fact that the investment exceeds (and a lot) the company’s current cash draws attention. In December, TSMC presented US $ 28 billion in cash and cash equivalents on its balance sheet. Still, based on current demand, the company should have no difficulty in making its contribution feasible: the material produced by it goes to practically all electronic parts, in different brands and products.

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The worldwide scarcity of semiconductors began to be noticed in February of this year, when some of the main electronics suppliers – such as Samsung, for example – stopped their production lines because of the lack of these components.

Extrapolating the boundaries of smartphones and other similar products, even the automakers had to stop their production because of the scarcity of semiconductors.

The absence in that specific sector could also be compounded by a fire at Renesas Electronics, one of the largest chip makers in the world – and whose main customers are the automakers.

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