https://wccftech.com/tsmc-to-build-worlds-first-exclusive-water-plant-following-taiwan-drought/

Even as rains smatter Taiwan and a typhoon rages nearby, the Taiwan Semiconductor Manufacturing Company (TSMC) has announced plans to build a new facility to aid it during times of water shortages. Despite recent rain on the island, Taiwan is still facing a historic drought, reducing its reservoir levels to dangerously low levels. To help it manage similar crises in the future, TSMC's senior vice president of Europe and Asia sales, Ms. Lora Ho, revealed details of the facility in a video conference, according to reporting by The Nikkei Asian Review.

While TSMC's decision to build the facility comes as the company deals with Taiwan's ongoing drought, it's unlikely to help the company deal with the current shortages. Ms. Ho believes that the plant will be fully operational by 2024, and it will start limited operations by the end of this year.