TSMC to seek compensation for defective raw materials

Taiwan News
Date: 2019/02/20
By:  Central News Agency

Taiwan Semiconductor Manufacturing Co. (TSMC) will seek compensation from the company that provided it with substandard raw materials resulting in several hundred million U.S. dollars in sales losses earlier this year, the world’s largest contract chipmaker said Tuesday.

However, TSMC declined to reveal the name of the supplier or the sum of the claim.

The statement came after a local newspaper reported earlier Tuesday that American chemical corporation Dow Chemical was the supplier of the substandard photoresist materials.

The report also said TSMC will seek NT$4 billion (US$129.88 million) in compensation from Dow.

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