Quake Shakes Chip Giant TSMC: Global Tech on Edge Amid Production Woes
April 3, 2024TSMC is attempting to restore chip production after a significant earthquake in Taiwan.
The earthquake underscores the dangers of concentrating chip manufacturing in an earthquake-prone and geopolitically tense region.
TSMC, responsible for 90% of the world's most advanced chips, experienced facility damage, affecting output.
Global efforts to decentralize chip production are underway, with the US investing $200 billion and TSMC expanding into Japan, Germany, and the US.
The tech industry is vigilant about the impact on chip supply, with potential effects hinging on the specific manufacturing processes disrupted.
The incident has propelled the Taiwanese government and tech industry to reassess their strategies for chip manufacturing diversification and disaster preparedness.
Summary based on 132 sources
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Sources
BBC News • Apr 3, 2024
Strongest earthquake in 25 years hits Taiwan, setting off tsunami alertsBBC News • Apr 3, 2024
People rescued from collapsed buildings in Taiwan earthquakeThe New York Times • Apr 3, 2024
Map: 7.4-Magnitude Earthquake Strikes TaiwanThe New York Times • Apr 3, 2024
Taiwan 7.4-Magnitude Earthquake Leaves 9 Dead: Live Updates