International Business Weekly
  • Home
  • News
  • Politics
  • Business
  • National
  • Culture
  • Lifestyle
  • Sports
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • National
  • Culture
  • Lifestyle
  • Sports
No Result
View All Result
International Business Weekly
No Result
View All Result
Home Business

TSMC says all its sites operating following Taiwan quake – The Business Times

January 21, 2025
in Business
0
TSMC says all its sites operating following Taiwan quake – The Business Times
Share on FacebookShare on Twitter


CHIPMAKER TSMC said on Tuesday (Jan 21) that all its sites were operating following an overnight 6.4 magnitude earthquake in southern Taiwan that was centred on a mountainous rural area and caused only minor damage and light injuries.

Taiwan Semiconductor Manufacturing Co (TSMC), the dominant maker of advanced chips and a major supplier to companies including Apple and Nvidia said it had evacuated workers at some sites in central and southern Taiwan as a precaution after the quake, which hit shortly past midnight on Tuesday.

“Post-earthquake structural inspections have been completed at all sites, confirming that the structures are safe and operations are gradually resuming,” it said in an emailed statement.

“Currently, the water supply, power, and workplace safety systems are functioning normally and all TSMC’s sites are operating. Detailed inspections and impact assessments are ongoing.”

TSMC’s construction sites were unaffected and they have continued regular operations following environmental safety checks, it added.

Taiwan’s fire department said 27 people were treated in hospital for their injuries following the quake, while Taipower said electricity had been restored by mid-morning for all 30,000 households impacted by blackouts.

Taiwan lies near the junction of two tectonic plates and is prone to earthquakes.

Taiwan’s last major earthquake was in April, a 7.2 magnitude temblor that hit the east coast county of Hualien, killing 13 people. REUTERS

Share with us your feedback on BT’s products and services



Source link

Tags: BusinessOperatingQuakesitesTaiwanTimesTSMC
Brand Post

Brand Post

I am an editor for IBW, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

Related Posts

Aims Apac Reit to divest S million industrial property for capital recycling
Business

Aims Apac Reit to divest S$15 million industrial property for capital recycling

March 4, 2026
Bitcoin plunges as risk of prolonged Iran war weighs on crypto
Business

Bitcoin plunges as risk of prolonged Iran war weighs on crypto

March 3, 2026
Amazon to invest additional US billion in Spain for data centres and AI
Business

Amazon to invest additional US$21 billion in Spain for data centres and AI

March 2, 2026
Next Post
Trump Leaves Paris Climate Agreement, Doubles Down On Fossil Fuels

Trump Leaves Paris Climate Agreement, Doubles Down On Fossil Fuels

South Korea seeks tougher delisting rules to remove zombie firms – The Business Times

South Korea seeks tougher delisting rules to remove zombie firms - The Business Times

Trump’s Climate Retreat Shines Light On Other Green Leaders

Trump's Climate Retreat Shines Light On Other Green Leaders

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ABOUT US

International Business Weekly is an American entertainment magazine. We cover business News & feature exclusive interviews with many notable figures

Copyright © 2026 - International Business Weekly

  • About
  • Advertise
  • Careers
  • Contact
No Result
View All Result
  • Home
  • Politics
  • News
  • Business
  • Culture
  • National
  • Sports
  • Lifestyle
  • Travel

Copyright © 2026 - International Business Weekly