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Home / In the News / Taiwan earthquake’s impact on chip industry likely to be ‘moderate,’ experts say

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Taiwan earthquake’s impact on chip industry likely to be ‘moderate,’ experts say

Apr 05, 2024
< 1 MIN READ

Supply Chain Dive

The island is home to nearly all of the world’s most advanced chip production, making even small delays precarious for semiconductor supply chains.

As Taiwan continues to assess the damage of Wednesday’s earthquake, the chip industry is weighing how severely the disaster could impact the global semiconductor supply chain.

The epicenter of the 7.4-magnitude earthquake was in Hualien County on Taiwan’s east coast, killing a reported ten people and injuring at least 1,050 others as of Thursday.

Taiwan Semiconductor Manufacturing Company, which operates 14 sites on the island and several construction developments, evacuated some areas as a precautionary measure and paused production at some of its plants on the west coast. The company is currently evaluating the impact of the earthquake and while some production lines have been affected, “equipment in Taiwan fabs have largely been fully recovered,” the company said in a statement Friday morning.

Read the full Supply Chain Dive article>>

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