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TSMC's evacuated workers return to some factories after Taiwan's strongest earthquake in 25 years

An aerial view shows workers taking down a collapsed building in eastern Taiwan’s Hualien county following an earthquake/▲

A major earthquake, with a magnitude of 7.4, struck Taiwan at 7:58 am on April 3 local time, the island’s biggest quake since 1999.

Taiwan Semiconductor Manufacturing Co said all its workers were safe and those who were evacuated have started returning to some factory lines after a major earthquake hit Taiwan.

The island was rocked by a massive earthquake that collapsed buildings and prompted tsunami advisories from Japan and the Philippines. Officials said at least four people have died.

A TSMC spokesperson said construction sites were normal upon initial inspection, but the company decided to suspend work at the sites for the day. The person said work will resume after further inspections and that TSMC is still evaluating details of the earthquake’s impact.

Earlier, the chipmaker said it evacuated some personnel from some fabs in accordance with company safety protocols.

Shares of TSMC fell 1%. The broader Taiwan Weighted Index was down 0.9%. TSMC is the biggest company on the index, with a market cap of $639.65 billion.

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