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TSMC Evacuates Plants After 7.4 Magnitude Earthquake In Taiwan

Illustration shows TSMC (Taiwan Semiconductor Manufacturing Company) logo

Taiwanese semiconductor company TSMC has taken precautionary measures by temporarily evacuating its manufacturing plants following a 7.4 magnitude earthquake that struck the island on Wednesday morning. The firm confirmed that its safety systems are functioning as intended.

In a statement released by TSMC, the company assured that all personnel are safe, and those who were evacuated are now returning to their workplaces. The evacuation was carried out in accordance with the company's safety procedures to ensure the well-being of its employees.

Initial inspections of TSMC's construction sites have indicated that they are in normal condition. However, as a further safety measure, the company has decided to suspend work at the construction sites for the day. Work will resume once additional inspections have been conducted to guarantee the safety and integrity of the sites.

The earthquake, with a magnitude of 7.4, caused disruptions on the island, prompting companies like TSMC to prioritize the safety of their employees and facilities. TSMC is known for its leading role in semiconductor manufacturing and plays a crucial part in the global supply chain.

As Taiwan continues to assess the impact of the earthquake and ensure the safety of its residents and businesses, companies like TSMC are taking proactive steps to mitigate any potential risks and resume operations safely.

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