TSMC: The Middle East situation is not expected to have any impact on operations in the short term.

On April 16, TSMC held an online legal meeting. Chairman and CEO Wei Zhejia stated during the meeting that the company is closely monitoring the impact of rising component prices, especially in the consumer electronics and price-sensitive end markets, and the recent Middle East situation has brought more uncertainty to the overall economy. In view of the recent Middle East situation, CFO Huang Renzhao pointed out that TSMC has established a comprehensive enterprise risk management system and has proactively taken risk mitigation measures. In terms of materials, TSMC has long been promoting a globalized and diversified supply base, strengthening its local supply chain, and also ensuring safety stock for specialized products and gases, expecting no impact on operations in the short term.