TSMC and UMC Implements Working From Home Rules Due to Spread of Omicron Variant in Taiwan
TSMC already started what they call epidemic prevention measures last week and called off unnecessary face to face meetings, paused international business trips and limited local business trips, among other things. TSMC has also stopped all regional shuttle buses between its various locations in Taiwan, as well as local shuttle buses between plants, to help prevent any potential spread. The company is also said to have closed most of its staff facilities and even suspended its Chinese New Year party, which is one of the highlights for many workers in Taiwan, largely due to the giveaways that the companies are doing, in addition to any bonuses that are being paid around this time of the year. Time will tell if Taiwan can continue to stave off the virus, but to date, 73.2 percent of the population has taken two shots of vaccine, although the government is already pushing for a third dose, largely because most people have received the AstraZeneca vaccine which is considered as giving less protection against the Omicron variant. It should be noted that neither TSMC or UMC have any chip plats in Taoyuan, but TSMC does have a backed fab at the opposite end of Taoyuan.