Taiwan tech sector hit by COVID-19 outbreak

Taiwan emerged largely unscathed from the COVID-19 pandemic last year but is now battling a sudden outbreak. TAIPEI: A leading Taiwanese chip testing and packaging company said on Monday that all its migrant employees have been suspended from working for around two weeks to contain a coronavirus outbreak.

At least 206 employees, mostly migrant workers, at facilities run by King Yuan Electronics Company in northern Miaoli county have tested positive, according to the government.The cluster is the first major outbreak in Taiwan's semiconductor industry, which is operating at full capacity to meet a worldwide shortage.King Yuan employs more than 7,000 people, including around 2,100 migrants, and counts some top international tech firms as clients, such as Intel, Qualcomm and Nvidia.

King Yuan said in a filing to the Taiwan Stock Exchange that its June output and revenue are expected to drop 30 to 35 per cent due to the suspension of work.Local media raised concerns that the suspension could impact the global chip shortage as King Yuan's business is a key final step in the semiconductor supply chain.Two other tech firms in Miaoli have also reported infection clusters and suspended migrant workers.

Taiwan's semiconductor factories have been struggling to plug a pandemic-driven shortage of chips that power essential electronic devices.

Ill-Omened..

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China reports 19 new COVID-19 cases in mainland on Jun 6China reported 19 new coronavirus cases on the mainland for June 6, down from 30 cases a day earlier, the health authority said in a statement on ... Sigh please help the Uyghurs.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Taiwan to quarantine workers to control Covid-19 spike at tech firmi was hoping that taiwan will soon be vaccinated! and able to get the entire isle recovered from the pandemic
Source: TODAYonline - 🏆 1. / 99 Read more »

Taiwan to get 750,000 COVID-19 vaccine shots from USTAIPEI: The United States will donate 750,000 COVID-19 vaccine doses to Taiwan as part of the country's plan to share shots globally, US Senator ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Taiwan to quarantine workers to control COVID-19 spike at tech firmTAIPEI: All foreign workers at a plant of major Taiwanese chip packager King Yuan Electronics in Taiwan's northern city of Miaoli will be ... I don't think Taiwan capable to fight this Covid19 battle successfully and smoothly alone, they needed China's experts. To save more lives!
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Taiwan to extend Covid-19 curbs, schools to stay shut
Source: TODAYonline - 🏆 1. / 99 Read more »

Taiwan prolongs Covid-19 measures and reports 214 new cases, 26 deathsTaiwan is to extend its soft lockdown by two weeks until June 28, as its coronavirus outbreak shows no sign of subsiding with 214 new infections and 26 new deaths reported on Monday. The extension, announced by Premier Su Tseng-chang on Monday during a meeting to discuss the recent outbreak, came after new infection clusters were reported in several cities and counties, including Miaoli in the island’s northwest, where a large number of migrant workers from three electronic firms have tested pos
Source: YahooSG - 🏆 3. / 71 Read more »