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

Entertainment‘Bigg Boss 19’: Tanya Mittal, Farrhana Bhatt’s feud escalates

NationalNDA show of strength: Nitish Kumar takes oath as Bihar CM for 10th time, PM Modi attends ceremony

NationalThiruvananthapuram Corporation heading for tight three-way contest as campaign heat rises

BusinessGujarat's Deendayal Port bags two awards for sustainability initiatives, cargo handling milestone

Technology26 e-commerce platforms declare compliance with self-audit to eliminate dark patterns: Govt

Technology Realted Stories

TechnologyEmerging cities drive festive digital payment value at SMEs by 44 pc

TechnologyTrouble deepens for Anil Ambani amid ED crackdown

Technology316 mn women, 12.5 mn adolescent girls faced sexual violence in last 12 months: WHO

TechnologyIndia undertook rapid strides in advancing clean, renewable energy: Bhupender Yadav

TechnologyFPIs’ holdings hit 14-month high in November