Taiwan Semiconductor Manufacturing Co (2330.TW) assured on Friday that its annual revenue projections remain unaffected by the recent significant earthquake on April 3, alleviating concerns about disruptions in the global semiconductor supply chain.
Reaffirming its earlier guidance provided at the January institutional investors’ conference, TSMC, the world’s largest contract chipmaker, maintains its expectation of low-to-mid twenties percentage growth in full-year revenue.
While Taiwan, a crucial player in the global chip supply chain, experienced its most significant earthquake in at least 25 years on Wednesday, TSMC emphasized that the seismic event will not impact its overall revenue outlook. Despite some disruptions in certain production lines due to the quake’s impact, most equipment in Taiwan fabs has been restored to full operation as of Friday.
TSMC continues to assess the situation and communicate necessary updates to its customers as part of its ongoing efforts to mitigate any potential impact on semiconductor production and supply.
