Semiconductor Fabricator TMSC annouced that they were hit with a virus that multiple pieces of their production operation in Taiwan. TMSC alleges the virus entered their systems as they were installing software for a new tool. TMSC's full announcement:
Issued by: TSMC
Issued on: 2018/08/05
Hsinchu, Taiwan, R.O.C., Aug 5, 2018 – TSMC today provided an update on the Company’s computer virus outbreak on the evening of August 3, which affected a number of computer systems and fab tools in Taiwan. The degree of infection varied by fab. TSMC contained the problem and found a solution. As of 14:00 Taiwan time, about 80% of the company’s impacted tools have been recovered, and the Company expects full recovery on August 6.
TSMC expects this incident to cause shipment delays and additional costs. We estimate the impact to third quarter revenue to be about three percent, and impact to gross margin to be about one percentage point. The Company is confident shipments delayed in third quarter will be recovered in the fourth quarter 2018, and maintains its forecast of high single-digit revenue growth for 2018 in U.S. dollars given on July 19, 2018.
Most of TSMC’s customers have been notified of this event, and the Company is working closely with customers on their wafer delivery schedule. The details will be communicated with each customer individually over the next few days.
This virus outbreak occurred due to misoperation during the software installation process for a new tool, which caused a virus to spread once the tool was connected to the Company’s computer network. Data integrity and confidential information was not compromised. TSMC has taken actions to close this security gap and further strengthen security measures.
The US Department of "Justice" has charged a Chinese man, Micheal Yin of Beijing, with 14 felony charges of securities fraud in the Southern District of New York. Yin is alleged to have traded shares of Lattice Semiconductor using non-public information. A second man, Benjamin Chow who worked for a private equity firm in Palo Alto is alleged to be the source of the information following Chow's own guilty plea. The full text is below: Continue reading
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