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Taiwan Semiconductor | 6-K: Updated Statement on April 3rd Earthquake

SEC announcement · Apr 4 09:25

TSM +4.04%

Summary by Moomoo AI

Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) reported on the effects of the April 3rd earthquake in Taiwan, which reached a magnitude of 7.2, the largest in the region in 25 years. The earthquake's impact was felt across various science parks, with magnitudes up to 5 in Hsinchu, Longtan, and Zhunan, and 4 in Taichung and Tainan. TSMC's safety systems operated normally, and preventative measures were taken, including evacuations. All employees are safe and have since returned to work. The company suspended work at construction sites on April 3rd, but resumed the following day after inspections. TSMC's fabs have shown a strong recovery rate, with more than 70% tool recovery within 10 hours post-earthquake, and over 80% as of April 4th. The Fab 18 facility is expected to reach full recovery by the end of the day. While some tools were damaged, impacting operations, critical tools such as EUV lithography equipment remain undamaged. Production lines that experienced greater seismic impact may need more time for adjustments. TSMC is working towards full recovery and maintaining communication with customers regarding the situation.

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This announcement is a separate document:

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