TAIWAN (AP) — A company that makes semiconductors for Apple iPhones says it is recovering from a virus outbreak but expects the incident to delay shipments and raise costs.
Taiwan Semiconductor Co. Ltd. said 80 percent of the fabrication tools affected by Friday’s virus had been recovered by Sunday. TSMC expects full recovery on Monday.READ MORE: 'Positivity, Acceptance And Love': Lodi Announces Location Of City's First-Ever Pride Festival
The company didn’t detail the impact on Apple or other customers. Apple Inc. did not immediately return a message seeking comment.READ MORE: Fans Back In Stands At All American Speedway In Roseville
The semiconductor company blames the outbreak on a mistake during installation of software for a new tool, which was then connected to its computer network. It says confidential information was not compromised.MORE NEWS: 1 Injured In Highway 50 Crash That Caused Major Backups In Sacramento
The company says the incident will cut third-quarter revenue by about 3 percent. But it’s confident it will get that back in the fourth quarter.