Recent earthquake in Taiwan put semiconductor industry to test

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AutotechInsight Analysis Monthly

S&P Global expects a minimal impact from Taiwan’s earthquake. Manufacturers swiftly rebounded and anticipate negligible ramifications on their business operations for 2024.

Taiwan's semiconductor industry is a global powerhouse, home to industry leaders like Taiwan Semiconductor Manufacturing Co. (TSMC), MediaTek, United Microelectronics Corp. (UMC) and more. These companies are crucial contributors to the global supply of advanced semiconductor chips, which serve as vital components in numerous technological devices, including automobiles.

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