City
Epaper

Taiwan earthquake won't impact global electronics supply chain: ICEA

By IANS | Updated: April 4, 2024 16:40 IST

New Delhi, April 4 A day after a massive earthquake rattled Taiwan, a key supplier of chips and ...

Open in App

New Delhi, April 4 A day after a massive earthquake rattled Taiwan, a key supplier of chips and displays to original equipment manufacturers (OEMs), industry leaders said on Thursday there will not be any impact on the global supply chain serving mobile phones and other electronics.

Pankaj Mohindroo, Chairman of India Cellular and Electronics Association (ICEA), told IANS that Taiwan is an extremely resilient nation.

"We do not foresee any adverse impact on the supply chain of mobiles and electronics," Mohindroo added.

Taiwan Semiconductor Manufacturing Corporation (TSMC), the island nation's largest chipmaker, reported that more than 70 per cent of its chip-making functions were back online within 10 hours of the earthquake.

The key Apple supplier also said that no vital machines were damaged after a 7.2-magnitude earthquake struck off the coast of Taiwan, reports Nikkei Asia. The earthquake also sent shock waves through the western part of the island which is home to the tech hubs.

Taiwan accounts for a large share of the tech industry's critical components, including semiconductors, chip substrates, and printed circuit boards.

Graphics chip giant Nvidia also said that it did not expect any impact on its supplies from the earthquake in Taiwan. TSMC has reportedly installed shock absorbers at its chip-making facilities that can help reduce vibrations by 15-20 per cent.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalSammi Deen Baloch slams Pakistan for targeting elderly activist in Baloch crackdown

Other SportsTaipei Open: Ayush, Unnati crash out in semis to end India's campaign

Other SportsBCCI calls on a highly influential cricketing figure to dissuade Kohli from quitting Tests now

BusinessSaloni Jain Joins FEF to Support The Future Of Fashion Startup Ecosystem

NationalPrecision, power, proof: India’s answer to cross-border aggression

Business Realted Stories

BusinessPavitra Somaiya Ignites Minds at TEDx IPS Academy with Insightful Talk on Neuroplasticity and Language Learning

BusinessHealth Experts by Profession, Mother by Nature: Featuring Women this Mother's Day

BusinessAdmissions Surge as Shrewsbury International School India Prepares for its Grand Opening in Bhopal on August 8

BusinessFiroza Khan & Husband Sohel Shine in Dubai: Love, Lights & VFX Turn Reel Romance into Real Magic

BusinessA World Too Perfect to Be Real-Maya's Mirage