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Taiwan Semiconductor Manufacturing Company

Founded in 1987, Taiwan Semiconductor Manufacturing Company is one of the largest multinational manufacturing and design companies in Taiwan. It is also one of the world’s leading semiconductor companies with shares trading on the New York Stock Exchange and Taiwan Stock Exchange. The headquarter of the company is in Hsinchu, Taiwan with also spanning all over Asia, Europe, and North America.  

S/No. Particulars Key Answers
1. Legal Name Taiwan Semiconductor Manufacturing Company Ltd.
2. Неаdquаrtеrѕ Rеgіоnѕ Hsinchu, Taiwan
3. Fоundеd Dаtе 21 February, 1987
4. Fоundеr Morris Chang
5. Industry Semiconductors
6. Nеt Wоrth іn 2021 $611.28 Billion

 

Key Executives

  • Chairman: Dr. Mark Liu
  • Chief Executive Officer (C.E. O): C.C. Wei

 

History of the Company

Founded in 1974, The Taiwanese Semiconductor Manufacturing Company got started, in 1987 became the pioneer of the industry. By 2002, the industry had developed into a world leader and in 2007, the industry spread in the United States and Japan. The company ranked first in global share, packaging, IC manufacturing and became second in IC design, the output of the sector reached $39 billion in 2009. Although between 2007-2010 the company’s sales and exports got affected by the global financial crisis, by 2020 Taiwan Semiconductor Manufacturing Company (TSMC) took over more than 50% of the global market, making Taiwan one of the biggest ruling countries in the global semiconductor industry.   

Net worth and Income

In the production of electronic devices, a very important role is being played by the semiconductor industry. Field research, design, and manufacturing microchips that are used in communication devices, medical equipment, televisions, radio, etc are being manufactured by this company. The semiconductor industry also plays a very important role in the production of electronic devices. The phones and tablets that we are using these days contain technology provided by semiconductor companies like TSMC.

The company produces more than 10,000 products for almost 500 worldwide clients according to the website of the company. Apple is one of the many companies that TSMC designs and manufactures chips for, also considered as the largest client of the company, that accounts for one-fifth of revenue, exceeding $35.8 billion in 2019. North America is considered the company’s biggest market, the company sells its chips to its clients all over the world and that’s where the money comes from. Though few industries are more capital-intensive than chip manufacturing, Taiwan Semiconductor Manufacturing Company (TSMC) still manages to get a high margin profit.

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