Global chipmaking giant TSMC is expecting its first quarter revenue outlook to be closer to the lower end of its guidance range of US$25 billion to US$25.8 billion due to damages sustained from a magnitude 6.4 earthquake on January 21st and its subsequent aftershocks.
Category
🗞
NewsTranscript
00:00Chip-making giant TSMC expects its first quarter revenue to be about 25 billion U.S. dollars,
00:06the lower end of its guidance range due to damage caused by an earthquake in January.
00:11The firm says some of its wafers were, quote, impacted and had to be scrapped due to the
00:166.4 magnitude earthquake and the aftershocks that followed.
00:21Total related losses are estimated to be around 160 million U.S. dollars.
00:26TSMC says it's working to recover lost production and has not changed its full-year outlook.