TSMC: Middle East tensions are not expected to impact operations in the short term
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GLONGHUI April 16th — TSMC held its online institutional briefing on April 16th. Chairman and CEO C.C. Wei stated at the meeting that the company is closely monitoring the impact of rising component prices, especially in the consumer electronics and price-sensitive terminal markets. He also noted that the recent Middle East situation has brought more uncertainties to the macroeconomic environment. Given the recent situation in the Middle East, CFO Wendell Huang pointed out that TSMC has established a comprehensive enterprise risk management system and has proactively implemented risk mitigation measures. Regarding materials, TSMC has long promoted a global and diversified supply base and strengthened its local supply chain. The same applies to specialty chemicals and gases, for which safety stock has been prepared, and operations are not expected to be affected in the short term.
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