Cliff Hou, TSMC senior vice president and deputy co-COO, told Business Today that increased worker count and overlapping construction have raised the risk, requiring careful supervision, and that TSMC’s contractor lost-time injury rate had fallen about 42% from last year’s high as of late May, when the publication toured the Nanzi site to see the overhaul. It’s too early to call the program a failure, with the cause as yet unknown.
The accident comes less than a week after an explosion killed two people at Intel’s chip plant in Israel , though that was an operating fab rather than a construction site. Both accidents come as chipmakers race to meet demand, with global chip sales passing $1 trillion through August, according to the Semiconductor Industry Association.
The STSP’s findings will determine what penalties, if any, will fall under Taiwan’s Occupational Safety and Health Act, while it assists the victims’ families. No date has been given at this time for that or for the Phase 4 steel hoisting restart. Nor has TSMC commented on any schedule impact.
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Shane Downing Social Links Navigation Contributing Writer Shane Downing is a Contributing Writer for Tom’s Hardware, covering consumer storage, PC hardware, and AI.
Key considerations
- Investor positioning can change fast
- Volatility remains possible near catalysts
- Macro rates and liquidity can dominate flows
Reference reading
- https://www.tomshardware.com/tech-industry/semiconductors/SPONSORED_LINK_URL
- https://www.tomshardware.com/tech-industry/semiconductors/three-workers-killed-one-in-intensive-care-after-fall-at-tsmcs-2nm-fab-construction-site-in-kaohsiung-broken-bolt-on-a-steel-connection-plate-suspected-as-cause-behind-tragic-accident#main
- https://www.tomshardware.com/membership
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Informational only. No financial advice. Do your own research.