IPhone Chipmaker Races to Recover After Crippling Computer Virus

Taiwan Semiconductor Manufacturing Co., which makes chips for the iPhone and other devices, detailed its progress in recovering from a debilitating computer virus and warned of delayed shipments and reduced revenue because of the impact on its factories. TSMC said that 80 percent of the fabrication tools affected by a virus outbreak Friday evening had been restored and that it expects full recovery on Monday, an emailed statement shows. The Taiwanese company said the incident, which comes as it ramps up chipmaking for Apple Inc.’s next iPhones, would delay shipments, without specifying which customers would be affected. …read more

Source:: Yahoo Finance

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