Major virus infection shuts down factories of iPhone chip-maker TSMC

06 August, 2018, 15:27 | Author: Patty Hardy
  • Computer chip in circuit board

The sole maker of the iPhone's main processor said a number of its fabrication tools had been infected, and while it had contained the problem and resumed some production, several of its factories would not restart until at least Sunday.

The company is still cleaning the malware off its equipment, but expects to be finished by tomorrow. TMSC is the largest semiconductor manufacturer in the world and is responsible for producing iPhone processors for Apple. But it sees no long-term difficulties.

KGI Securities said in a report on Monday that while some of TSMC's 12-inch wafer shipments will be delayed, the impact to the upcoming iPhone launch is limited because "the upstream supply chain usually prepares for these incidents and manufactures surplus chipsets during the initial ramp-up stage".

TSMC said in its update on August 5 to the development of the incident that it expects full recovery of production on August 6. We estimate the impact to third-quarter revenue to be about three percent, and impact to gross margin to be about one percentage point. Data integrity and confidential information was not compromised.

Shares in TSMC in Taipei were down 1% in late morning trading on Monday.

Oil supported as new hedges placed, but higher supplies weigh
OPEC+ may discuss whether a bigger production increase is needed when they meet in September, Novak said last month. USA crude ended the week down 0.4 percent, while Brent has fallen 1.5 percent in the week so far.

In the meantime, the exact implications of the incident for Apple are unknown.

The US company has employed in the past foundries owned by Samsung Electronics, its rival in global mobile devices. That helped the market look past a reduced revenue outlook. Chief Executive Officer C C Wei had said TSMC's sales will rise this year by a high single-digit percentage in U.S. dollar terms, down from an already reduced projection of about 10 percent.

The semiconductor company blames the outbreak on a mistake during installation of software for a new tool, which was then connected to its computer network.

"TSMC has been attacked by viruses before, but this is the first time a virus attack has affected our production lines", the company is quoted as saying.

Recommended:



Popular

Hurricane Hector: Category 4 storm heads toward Hawaii, forecast, path, track today
Hurricane Hector strengthened to a Category 4 storm as it moved toward Hawaii, the National Hurrican Center said on Sunday. More than 700 homes and properties have been destroyed with thousands of people being forced to leave the area.

India's Iranian oil intakes jump to record high in July
Saudi Arabia produced much less oil per day than expected, especially considering OPEC was supposed to be lifting barrel counts . China has however agreed it will not increase oil imports from Iran, in a move which would directly challenge the USA blockade.

Rough governor's race highlights Tennessee primary election - 8/2/2018 12:51:36 PM
She will face Bredesen, who garnered more than 91 percent of the vote in the Democratic primary, in the November general election. Heading into July, Blackburn maintained an early 2-to-1 cash advantage over Bredesen, with $7.3 million in her bank account.

Charlotte Rae, star of 'Facts of Life,' dies at 92
She had two sons, Larry and Andrew , with her ex-husband, John Strauss , who she divorced in 1976 after he came out as bi-sexual. Rae also wrote about the grief of losing her son Andy, who had autism and epilepsy and died of a heart attack in his mid-40s.

Earthquake strikes near Indonesia's Lombok leaving dozens dead
Facilities at Lombok's main airport were also unaffected, although passengers were briefly evacuated from the main terminal. We'll have more as the story develops. "People were panicking. especially because of the early tsunami warning", he said.

Trump says Iran will decide whether to meet: ‘Doesn't matter' to me
Both diplomats spoke on condition of anonymity, as they were not authorized to brief the media on ongoing negotiations. Come August 6, Iran will no longer be able to buy or acquire US dollars.

U.S.'s Kudlow Trash Talks China Calling It ‘Lousy Investment’
Concerns about the trade war have already affected China's currency, which has fallen nearly 9% against the dollar since April. The result is that both China and the United States are now using government funds to stimulate areas of the economy.

Paul Manafort’s Defense Was Just Dealt Multiple Blows By Immunized Accountant
Those others include Gates, who pleaded guilty earlier this year and is expected to testify soon as the government's star witness. Others who have pleaded guilty to Mueller's charges include Trump's first national security adviser, Michael Flynn.

John Kasich: GOP Candidate Said He Didn't Invite Trump To Ohio Rally
Hutchinson, who a full-throated endorsement of Trump at the 2016 Republican National Convention, is in the sparse opinion polls. Trump meant to give his endorsement to OH state senator Troy Balderson, the Republican nominee for the seat .

Maurizio Sarri Says Chelsea May Make One More New Signing
He could become the first Premier League manager since David Moyes in 2013 in the same competition to win a trophy in his first game.