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Chip maker TSMC plans to open a Singapore plant to address the chip shortage

Chip maker TSMC plans to open a Singapore plant to

Taiwan Semiconductor Manufacturing Company (TSMC) is reportedly in talks with the Singapore government over plans to open a plant in the country.

TSMC is known for making 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 due to COVID-limited supply. 19-Related Lockdowns. Apple has already spent $ 6 billion in the last two quarters due to these supply constraints, and that amount could reach $ 8 billion.

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