Shanghai’s key chip factories look to ensure production and deliveries as city comes under phased Covid-19 lockdown

Foundries like TSMC and SMIC may already have prepared for potential disruption to employment and inventory, before being informed by the government about lockdowns, according to Lucy Chen, vice-president at Taiwan-based Isaiah Research.

“We expect the fabs may quickly raise their capacity and utility rates after the situation recovers, assuming the lockdown only lasts four days,” she said.