Virus attack shuts down factories of iPhone's sole chipmaker

Virus attack shuts down factories of iPhone's sole chipmaker”

TSMC said the incident is expected to impact 3% of its third-quarter revenues, and delayed shipments in the third quarter will be recovered in the fourth quarter.

The implications are also unclear for Apple. It maintained its 2018 forecast of boosting revenue by high single digits in US dollar terms.

The chip manufacturer didn't specify what it was producing when this problem occurred, but given the timing it was nearly certainly the Apple A12. In the past, the USA company has employed foundries owned by Samsung Electronics Co., its rival in global mobile devices. At this point in time, the details of the virus are scarce but the shutdowns prevailed as TSMC ramped up its chip production for the 2018 iPhone models.

A critical partner for the launch of the new iPhone the Company is able to volume produce of 7mm chips, which will drive performance while limiting energy usage in the new iPhones.

We don't know which specific factories were hit with the viruses and shut down, and whether they were factories that are important to NVIDIA and its next-gen GeForce GTX 1180 and other graphics cards expected to be released imminently, or Apple's upcoming next-gen iPhone. It didn't immediately respond to requests for further information Monday.

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

Of course, Bloomberg was most interested in the possible consequences to the production of Apple iPhone chips. That helped the market look past a reduced revenue outlook.

He said he believed the virus was had not been created specifically to target TSMC and the company was not asked by anyone to pay a ransom.

"Long-term, TSMC's trustworthy image is somewhat tainted but it is hard to quantify the effect now", Li said. It blamed the infection of its computer systems on "misoperation during the software installation process for a new tool".

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