Taiwanese semiconductor foundry TSMC was reported that it would shorten some clients’ payment time, according to Taiwan news outlet UDN on Monday. The new payment rule will reduce the payment time to 30 days after deliveries, rather than the previous rules of up to 60 days after deliveries. The rule will take effect in January 2023, putting more stress on its clients’ cash flow after the firm’s two price hikes since last August. The firm declined to comment on this issue to UDN. Beijing-based Securities Daily reported that TSMC’s new rule was possibly due to the firm’s high cost of research and development and the low cash flow, citing sources from the semiconductor industry. [UDN, in Chinese]