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Semiconductors

Taiwan's Nanya Tech says $10bn chip plant delayed 'several quarters'

Production now slated for 2025 as labor and material shortages bite

Lee Pei-Ing, president of Taiwanese chipmaker Nanya Technology, said production at a new plant in New Taipei City will be delayed until at least 2025. (Photo by Keiichiro Asahara)

TAIPEI -- Taiwan's Nanya Technology on Monday said construction of its $10.3 billion memory chip plant will be delayed for more than six months, and production will not start until 2025 at the earliest, in the latest sign that shortages of materials, equipment and construction workers are dragging on chipmakers' expansion plans.

Nanya Tech's president, Lee Pei-Ing, said the 300 billion New Taiwan dollar ($10.33 billion) plant in New Taipei City, in northern Taiwan, has also been hit by longer-than-expected environmental and other regulatory reviews.

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