Feb 10 (Reuters) - TSMC, the world's biggest
contract chipmaker, said on Monday its first-quarter revenue
would be closer to the lower end of its guidance, as it expects
a $161 million impact from an earthquake that rocked the island
in January.
Taiwan Semiconductor Manufacturing Co ( TSM ) , the
dominant maker of advanced chips and a major supplier to
companies including Apple ( AAPL ) and Nvidia ( NVDA ),
estimated losses from the earthquake that hit southern Taiwan in
late January to be about NT$5.3 billion ($161 million), net of
insurance claims.
As a result, the revenue forecast "is now anticipated to be
closer to the lower end of the guidance range of $25 billion and
$25.8 billion", the company said in a statement.
The earthquake resulted in the scrapping of some
semiconductor wafers, but there was no structural damage to its
chip production facilities and normal operations have resumed,
it said.
The company is working to recover the lost production and
there is no change to its full-year outlook.
(Reporting by Faith Hung; Editing by Muralikumar Anantharaman)