Market Chatter: Taiwan Semiconductor Manufacturing, Toyota Operations Hit by Japan Earthquake

MT Newswires Live18:08

Taiwan Semiconductor Manufacturing (TSM) and Toyota Motor (TM) were among manufacturers whose operations were disrupted after a powerful earthquake struck Japan's Kumamoto prefecture, Nikkei Asia reported Wednesday.

Taiwan Semiconductor Manufacturing evacuated personnel from its JASM semiconductor plant in Kumamoto after the quake triggered mandatory evacuation procedures, while some construction work at JASM's second fab was temporarily suspended as a precaution, a company spokesperson told Nikkei Asia.

Toyota will halt production at three plants in Fukuoka prefecture from Wednesday evening through Friday while it assesses safety, logistics and supplier conditions, the report said, citing the automaker.

Taiwan Semiconductor Manufacturing and Toyota Motor did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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