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World’s biggest chipmaker TSMC set to increase prices
Taiwan Semiconductor Manufacturing Company (TSMC) has indicated it will increase the cost of chips made outside of Taiwan as the company reacts to pressures on its profitability.
Moves are already underway to spread the production of the most advanced semiconductors to other locations, especially as China claims Taiwan as part of its sovereign territory and is striving to bring it under full control. Global expansion, intense power consumption, and overall production of in-demand cutting-edge technology come with a significant outlay so this development won’t be a shock to many. The flagship Taiwanese company has forecast for profitability to fall this year due to increased power costs at its main base, the damaging impact of the earthquake earlier in April, and a slower 3nm manufacturing process – the most advanced chip technology currently in mass production.
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