TSMC (NYSE: TSM) Hometown Hsinchu Faces Possible Water Rationing June 1 as Taiwan’s Resource Crunch Worsens

TSMC (NYSE: TSM) Hometown Hsinchu Faces Possible Water Rationing June 1 as Taiwan’s Resource Crunch Worsens

3 years ago
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https://wccftech.com/tsmc-nyse-tsm-hometown-hsinchu-faces-possible-water-rationing-june-1-as-taiwans-resource-crunch-worsens/

Taiwan’s Hsinchu — home to TSMC (TPE:2330) (NYSE:TSM) and the country’s biggest fabs — will initiate the highest level of water rationing come June 1 if there hasn’t been at least 100mm of rain by the end of May, its city government said Wednesday. 

Water supplies to households and businesses in the city will be on for five days and off for two days as part of the "red alert" level of water restrictions. The city will be divided into two districts that will alternate water supply. When their household or business is without water, residents can go to a city-run station to get water. This water is sourced from a desalination plant or areas of Taiwan that have plenty.