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Taiwan's Semiconductor Industry Weathers Major Earthquake

Despite the 7.4-magnitude quake, Taiwan's crucial chipmaking sector remains resilient, underscoring the importance of disaster preparedness.

  • A 7.4-magnitude earthquake struck Taiwan's eastern coast on April 3, causing nine deaths and numerous injuries but leaving the vital semiconductor industry largely intact.
  • Taiwan's preparation for earthquakes, including strengthened building codes and drilling, played a key role in mitigating the disaster's impact.
  • TSMC, the world's biggest chipmaker, reported some machinery damage but resumed normal production within hours, highlighting the industry's resilience.
  • The earthquake underscores the risks of concentrating crucial tech manufacturing in regions prone to natural and geopolitical threats.
  • Efforts to diversify chip production globally are underway, but experts warn the process may not be happening fast enough.
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