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iPhone chip maker hit by malware by disposition

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· @disposition ·
iPhone chip maker hit by malware
<html> <p>Taiwan Semiconductor Manufacturing Co (TSMC) blamed a variant of the WannaCry ransomware for the unprecedented shutdown of several plants, as it ramps up chipmaking for Apple’s next iPhones.</p> <p><br></p> <p>https://cdn.steemitimages.com/DQmcAxQh4i65RhKXDXNeX2pGKnPkmz4jJtSxQtsmXnnkuj2/image.png</p> <p><br></p> <p>Full operations have resumed and the malware will reduce revenue this quarter by no more than 2%, down from an initial estimate of roughly 3%, said chief executive CC Wei.</p> <p>The company faces shipment delays from the infection, which happened when a supplier installed tainted software without a virus scan.</p> <p>It spread swiftly and hit facilities in Tainan, Hsinchu, and Taichung — home to some of the cutting-edge plants that produce Apple’s semiconductors.</p> <p>TSMC intends to make up for the lost time as it heads into the critical holiday season, Apple’s most important quarter.</p> <p>But Mr Wei wouldn’t discuss the impact on its customers or where the malware variant may have originated, nor how it made it past the company’s security protocols — a black eye for a corporation that prides itself on its technological and operational superiority.</p> <p>No hacker targeted TSMC, Mr Wei said, explaining that the infected production tool was provided by an unidentified vendor.</p> <p>“We are surprised and shocked,” he told reporters.</p> <p><br></p> <blockquote>We have installed tens of thousands of tools before, and this is the first time this happened, he said.</blockquote> <p><br></p> <p>The company is overhauling its procedures after encountering a virus more complex than initially thought, he said.</p> <p>Chief financial officer Lora Ho said the incident would have some impact on TSMC’s 2018 profit, declining to elaborate beyond an earlier warning that third-quarter gross margins would slip by about a percentage point.</p> <p>The incident underscores the global nature of the technology supply chain, in which companies like Apple and Qualcomm depend on hundreds of suppliers around the world.</p> <p>WannaCry spread across the globe in May 2017, rolling through corporations from FedEx to French carmaker Renault and infiltrating Russia’s interior ministry as well as British hospitals.</p> </html>
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