Evacuated TSMC workers return to some factories after the strongest earthquake to hit Taiwan in 25 years

An aerial view shows workers bringing down a collapsed building in Hualien County, eastern Taiwan, following the earthquake.

Sam Yeh | AFP | Getty Images

Taiwan Semiconductor Manufacturing Co. said all its workers were safe and those evacuated were beginning to return to some factory lines after a major earthquake struck Taiwan early Wednesday.

The island was subjected to a massive earthquake that led to the collapse of buildings and prompted Japan and the Philippines to issue tsunami warnings. Officials said at least four people died.

A TSMC spokesperson said the construction sites were normal upon initial inspection, but the company decided to suspend work at the sites for the day. The person said work would resume after further inspections and that TSMC was still evaluating details of the quake's impact.

Earlier, the chip maker said it had evacuated some employees from some factories in accordance with the company's safety protocols.

TSMC shares fell 1%. The broader Taiwan-weighted index fell 0.9%. TSMC is the largest company on the index, with a market capitalization of $639.65 billion.

The Taiwan Stock Exchange said in a statement that it checked its computers and network systems following the quake and confirmed that they were all operating normally.

The earthquake registered a magnitude of 7.4 in Hualien County, the largest earthquake on the island since 1999, according to the US Geological Survey. Residents felt the tremor in the capital, Taipei.

The Japan Meteorological Agency issued tsunami warnings for some islands and southern regions of the country, but later removed these designations. The Philippine Institute of Volcanology and Seismology also issued a tsunami warning in the country following the Taiwan earthquake.

Flight schedules have been disrupted in Japan, with some Japan Airlines flights canceled following the earthquake in Taiwan. Japan Airlines shares rose 0.7%.

Another Japanese airline, ANA Holdings, temporarily suspended flights from Okinawa Naha, Miyako and Ishigaki airports earlier in the day. The company has now resumed operations but said some flights have been postponed or cancelled. The company's shares were flat.

— CNBC's Penny Chen contributed to this story.

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