TSMC outlook not hit by quake - Taipei Times

JAPANESE OPERATIONS:

An analyst said equipment the firm uses is sensitive to vibrations, so while buildings might be fine, the timeline for a full recovery is uncertain

A magnitude 7.1 earthquake that forced a temporary shutdown of Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) plant in Japan’s Kumamoto Prefecture is expected to have a limited effect on third-quarter revenue, an analyst said yesterday.TSMC issued a statement after the quake on Tuesday saying that its Kumamoto plant sustained no major damage and that operations were gradually being restored.The structure of the plant operated by the company-led joint venture Japan Advanced Semiconductor Manufacturing Inc (JASM) stayed intact, while its water supply, power and safety systems are operating normally, TSMC said.

A Japan Advanced Semiconductor Manufacturing Co facility is pictured in Kikuyo, Japan, on Feb. 14, 2024.

However, time is needed to adjust and recalibrate equipment following the quake, TSMC said, adding that it has deployed resources to support JASM and confirmed that raw material supplies remain unaffected.The company did not say when the plant would be fully back to normal.