TSMC Computer Virus Hit May Delay Apple Shipments, but Impact Limited

TSMC Computer Virus Hit May Delay Apple Shipments, but Impact Limited
A logo of Taiwan Semiconductor Manufacturing Co. (TSMC) is seen at its headquarters in Hsinchu, Taiwan October 5, 2017. Reuters/Eason Lam
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A computer virus outbreak at Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC) could delay chip shipments for Apple Inc.’s new iPhones, but the impact will be limited as TSMC has prepared itself for such disruptions, analysts said.

TSMC, the world’s largest contract chipmaker, said over the weekend a number of its computer systems and fab tools had been infected by a virus and that it expected a full recovery on August 6, 2018. It expected the incident to cause shipment delays and forecast a hit to its third-quarter financial results.