Submission + - TSMC Delays US Chip Plant Start To 2025 Due To Labor Shortages (appleinsider.com)
"We are encountering certain challenges, as there is an insufficient amount of skilled workers with the specialized expertise required for equipment installation in a semiconductor-grade facility," said TSMC chair Mark Liu. "Consequently we expect the production schedule of N4 [4-nanometer] process technology to be pushed out to 2025," continued Liu. The news comes alongside TSMC's latest earnings report, which shows that the firm's profits have fallen, though they are expected to recover when the iPhone 15 range launches. TSMC blames the results on a slow economic recover in China, and a downturn in the consumer electronics market.