The world’s largest semiconductor producer TSMC in Taiwan still expects a shortage in the sector next year. Demand for semiconductors remains at an all-time high, he said on the sidelines of his quarterly results.
The group expects its turnover to increase by 24% this year, which is slightly higher than previously announced.
From July to the end of September, TSMC gained 14% more, reaching 156 billion Taiwan dollars (about 4.8 billion euros). Turnover increased by 16.3% to reach a record level of 414.7 billion Taiwan dollars.
Semiconductor shortages have caused production problems in various sectors, including the automotive industry. TSMC plans to invest heavily in additional capacity over the next few years. But building new factories is expensive and it usually takes several years before they reach full capacity.