Taiwan, gripped by heatwave and drought, struck by power cuts for second time in a week

Source: South China Morning PostTaiwan launched island-wide power cuts on Monday evening following a spike in demand amid a heatwave and drought and failure at a power plant, the second such outage in the global tech hub in a week.Phased blackouts hit the self-ruled island, which major chip makers such as Taiwan Semiconductor Manufacturing Co (TSMC) call home, on Thursday following an outage at a plant in the southern city of Kaohsiung, which worried investors amid a global chip shortage.It was not immediately clear whether…Read More

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