TSMC blames WannaCry for plant closures

Jamie McKane

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TSMC blames WannaCry for plant closures

Taiwan Semiconductor Manufacturing Co. blamed a variant of the 2017 WannaCry ransomware for the unprecedented shutdown of several plants, as it ramps up chipmaking for Apple Inc.’s next iPhones.

Full operations have resumed and the malware will reduce revenue this quarter by no more than 2 percent, down from an initial estimate of roughly 3 percent, Chief Executive Officer C. C. Wei said Monday.

[Bloomberg]
 
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