TSMC: Don’t want to lose Huawei, but you’re ready for the worst

At its annual general meeting this morning (June 9), TSMC Chairman Liu Deyin talked about the U.S. ban and Huawei,media reported. Asked by a reporter whether TSMC could fill Huawei’s order gap after the U.S. ban went into effect, Mr. Liu first said, ‘We don’t want that to happen.’ He then pointed out that “if it does happen, we will quickly complete the replacement … But it’s hard to predict how fast it will be.”

Mr Liu said TSMC was not the only company affected by the current international situation.

The U.S. ban, scheduled to take effect in September, prohibits the use of U.S.-made machines or software worldwide to design or manufacture chips for Huawei and its affiliates, according to the data.

TSMC is currently the world’s largest fab company, and Huawei is the second-largest customer after Apple for 14% of its revenue.

TSMC: Don't want to lose Huawei, but you're ready for the worst

TSMC: Don't want to lose Huawei, but you're ready for the worst