Market Chatter: TSMC Explores Rare Earth-Free Factory Equipment Amid China Supply Concerns

MT Newswires Live10-22 17:39

Taiwan Semiconductor Manufacturing (TSM) is exploring alternatives to rare-earth components used in factory equipment amid concerns over potential supply disruptions from China, Reuters reported Thursday, citing three people familiar with the matter.

The chipmaker has surveyed suppliers on the use of rare-earth-free motors in factory automation systems, though the effort remains preliminary and has not led to a wider rollout of the equipment, according to the report.

TSMC did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment