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Taiwan quake to hit some chip output, disrupt Asia supply chain, analysts say

by AIP Online Bureau | Apr 3, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

The island plays an outsized role in the global chip supply chain as it is home to the world’s largest chipmaker Taiwan Semiconductor Manufacturing Co , which supplies chips to Apple and Nvidia.The country also houses smaller chipmakers, including UMC , Vanguard...
Strong earthquake strikes Taiwan, tsunami waves detected in Japan

Strong earthquake strikes Taiwan, tsunami waves detected in Japan

by AIP Online Bureau | Apr 3, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

Taiwanese television showed buildings in Hualien shaken off their foundations. The strong quake knocked out power in several parts of the city In the capital, Taipei, tiles fell from older buildings and within some newer office complexes. Train service was suspended...
Philippines warns of tsunami, orders evacuations after Taiwan quake

Philippines warns of tsunami, orders evacuations after Taiwan quake

by AIP Online Bureau | Apr 3, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Risk Management

Coastal areas in 23 provinces from the north to the south of the archipelago nation, but not the capital Manila, “are expected to experience high tsunami waves” based on tsunami wave models, the state seismology institute said in an advisory MANILA: The Philippines...

Hackers stole ‘Sensitive’ data from Taiwan Telecom giant: Ministry

by AIP Online Bureau | Mar 10, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology

“The initial analysis of this case is that hackers obtained Chunghwa Telecom’s sensitive information and sold it on the dark web, including documents from the armed forces, foreign affairs ministry, coast guard and other units,” the defence ministry...

Chinese war over Taiwan may cost world economy $10 trillion

by AIP Online Bureau | Jan 9, 2024 | Eco/Invest/Demography, Risk Management

Globally, 5.6% of total value added comes from sectors using chips as direct inputs — nearly $6 trillion. Total market cap for the top 20 customers of chip giant Taiwan Semiconductor Manufacturing Co. is around $7.4 trillion. The Taiwan Strait is one of the world’s...
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