Taiwan's TSMC says ops mostly fine after minor quake

  • Corporate News
  • Saturday, 11 Feb 2017

SEMI president and CEO Ajit Manocha said equipment billings in August declined relative to July, signaling a pause in this year's extraordinary growth.

TAIPEI: Taiwan Semiconductor Manufacturing Co, the world's largest contract chipmaker, said its operations were little affected following a minor earthquake Saturday in southern Taiwan.

A 5.6-magnitude quake shook Tainan early on Saturday, according to the island's Central Weather Bureau. The city was at the centre of a bigger 6.4-magnitude quake a year ago that injured hundreds and killed 117 people, mostly in one toppled apartment complex.

TSMC's operations were "minimally" affected by Saturday's quake and first quarter shipments will remain on schedule, TSMC acting spokeswoman Elizabeth Sun said.

Only a few injuries were reported and no major damages resulted from the quake, Taiwan's state-run Central News Agency reported. - Reuters

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