Taiwan Sees Limited COVID-19 Impact on Economy, Chip Sector

Taiwan Sees Limited COVID-19 Impact on Economy, Chip Sector
The Taiwan Semiconductor Manufacturing Co Ltd (TSMC) headquarters building is seen in Hsinchu, northern Taiwan, on Nov. 19, 2015. Pichi Chuang/Reuters
Reuters
Updated:

TAIPEI—Taiwan sees a limited impact on its economy and its key semiconductor industry from its COVID-19 outbreak and is well prepared to ensure chip fabs can operate as normal, officials said on Tuesday.

Tech-heavyweight Taiwan is experiencing an unusual spike in domestic cases after months of keeping the pandemic well under control, and has closed schools across the island and tightened curbs in the capital, Taipei.