Chip manufacturer TSMC plans to open Singapore plant to tackle chip shortage

The Taiwan Semiconductor Manufacturing Company (TSMC) is reportedly discussing plans with the Singaporean government to open a plant in that country. 

TSMC is well-known for manufacturing Apple’s A-series and M-series chips, as well as AMD processors, but the tech giant also produces chips for display drivers and power management, which are in short supply thanks to supply constraints due to COVID-19-related lockdowns. These supply constraints have already cost Apple $6 billion in the last two quarters, and that amount could go up to $8 billion.



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