TSMC management, considered Taiwan’s largest semiconductor manufacturer, started to evacuate employees in its factories due to the severe earthquake. This was reported by Bloomberg.
The company is currently assessing the damage to factory facilities, journalists said. Creating semiconductors requires high precision, so even the slightest fluctuations and vibrations can destroy entire batches of product.
At the same time, according to the agency, the Taiwanese manufacturer cooperates with many foreign companies. This also applies to American companies Apple and Nvidia.
A 7.5 magnitude earthquake occurred off the east coast of Taiwan on the morning of April 3. Later at the National Meteorological Administration of Japan statedIt was stated that the assessment of the magnitude of the earthquake was changed to 7.7.
As TVBS reported, as a result of a natural disaster in one of Taiwan’s cities destroyed several buildings. We are talking about the city of Hualien, where an entire building collapsed in the first moments of the earthquake.
Tsunami caused by the earthquake that occurred off the coast of Taiwan reached The coast of the Japanese island Yonaguni.
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Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.