Drought hits Taiwan drive to plug global chip shortage

TSMC said it has initiated measures such as reducing water usage and trucking in water for some facilities this week as a test run to prepare for 'possible future needs'. — AFP

TAIPEI: Taiwan’s drive to plug a global shortage of microchips has hit a snag – a lack of water for its foundries caused by a drought.

Taiwanese high-tech chip foundries are some of the world’s biggest and most advanced, and European car manufacturers have been reaching out to Taipei for help.