TSMC

Not to be confused with Taiwan Semiconductor Company Limited.

Taiwan Semiconductor Manufacturing Company Limited
Native name
台積電
Company typePublic company
ISINUS8740391003
Industry
FoundedIndustrial Technology Research Institute, Hsinchu, Taiwan
(21 February 1987; 37 years ago (1987-02-21))
FounderMorris Chang
Headquarters
Hsinchu Science Park
,
Taiwan
Area served
Worldwide
Key people
Che Chia Wei (Chairman and CEO)[1]
Production output
  • Decrease12 million 12-inch equivalent wafers (2023)
Services
  • Manufacture of integrated circuits
  • mask services
  • integrated circuits packaging
  • multi wafer foundry services
RevenueDecrease US$69.30 billion (2023)
Decrease US$26.88 billion (2023)
Increase US$30.09 billion (2023)
Total assetsIncrease US$169.6 billion (2023)
Total equityIncrease US$112.7 billion (2023)
Number of employees
Increase 76,478 (2023)
DivisionsSSMC (38.8% joint venture with NXP)
Subsidiaries
  • WaferTech
  • TSMC Nanjing Company Ltd.
  • JASM
Chinese name
Traditional Chinese台灣積體電路製造股份有限公司
Transcriptions
Standard Mandarin
Hanyu PinyinTáiwān Jītǐ Diànlù Zhìzào Gǔfèn Yǒuxiàn Gōngsī
Bopomofoㄊㄞˊ ㄨㄢ ㄐㄧ ㄊㄧˇ ㄉㄧㄢˋ ㄌㄨˋ ㄓˋ ㄗㄠˋ ㄍㄨˇ ㄈㄣˋ ㄧㄡˇ ㄒㄧㄢˋ ㄍㄨㄥ ㄙ
Wade–GilesT'ai2-wan1 Chi1-t'i3 Tien4-lu4 Chih4-tsao4 Ku3-fen4 You3-hsien4 Kung1-ssŭ1
Southern Min
Hokkien POJTâi-oân chek-thé tiān-lō͘ chè-chō kó͘-hūn iú-hān kong-si
Tâi-lôTâi-uân tsik-thé tiān-lōo tsè-tsō kóo-hūn iú-hān kong-si
Abbreviation
Traditional Chinese台積電
Transcriptions
Standard Mandarin
Hanyu PinyinTái Jī Diàn
Wade–GilesT'ai2 Chi1 Tien4
Southern Min
Hokkien POJTâi-chek-tiān
Tâi-lôTâi-tsik-tiān
Websitetsmc.com
Footnotes / references
[2][3]
TSMC Global R＆D Center at night

Taiwan Semiconductor Manufacturing Company Limited (TSMC or Taiwan Semiconductor)[4][5] is a Taiwanese multinational semiconductor contract manufacturing and design company. It is the world's most valuable semiconductor company,[6] the world's largest dedicated independent ("pure-play") semiconductor foundry,[7] and its country's largest company,[8][9] with headquarters and main operations located in the Hsinchu Science Park in Hsinchu, Taiwan. Although the central government of Taiwan is the largest individual shareholder,[10] the majority of TSMC is owned by foreign investors.[11] In 2023, the company was ranked 44th in the Forbes Global 2000.[12] Taiwan's exports of integrated circuits amounted to $184 billion in 2022, accounted for nearly 25 percent of Taiwan's GDP. TSMC constitutes about 30 percent of the Taiwan Stock Exchange's main index.[13][14]

TSMC was founded in Taiwan in 1987 by Morris Chang as the world's first dedicated semiconductor foundry. It has long been the leading company in its field.[15][16] When Chang retired in 2018, after 31 years of TSMC leadership, Mark Liu became chairman and C. C. Wei became Chief Executive.[17][18] It has been listed on the Taiwan Stock Exchange since 1993; in 1997 it became the first Taiwanese company to be listed on the New York Stock Exchange. Since 1994, TSMC has had a compound annual growth rate (CAGR) of 17.4% in revenue and a CAGR of 16.1% in earnings.[19]

Most fabless semiconductor companies such as AMD, Apple, ARM, Broadcom, Marvell, MediaTek, Qualcomm, and Nvidia are customers of TSMC, as are emerging companies such as Allwinner Technology, HiSilicon, Spectra7, and UNISOC.[20] Programmable logic device companies Xilinx and previously Altera also make or made use of TSMC's foundry services.[21] Some integrated device manufacturers that have their own fabrication facilities, such as Intel, NXP, STMicroelectronics, and Texas Instruments, outsource some of their production to TSMC.[22][23] At least one semiconductor company, LSI, re-sells TSMC wafers through its ASIC design services and design IP portfolio.[dubious – discuss]

TSMC has a global capacity of about thirteen million 300 mm-equivalent wafers per year as of 2020 and produces chips for customers with process nodes from 2 microns to 3 nanometres. TSMC was the first foundry to market 7-nanometre and 5-nanometre (used by the 2020 Apple A14 and M1 SoCs, the MediaTek Dimensity 8100, and AMD Ryzen 7000 series processors) production capabilities, and the first to commercialize ASML's extreme ultraviolet (EUV) lithography technology in high volume.

  1. ^ "TSMC Shareholders Elect Board of Directors; Board of Directors Unanimously Elects Dr. C.C. Wei as Chairman and CEO". TSMC. 4 June 2024. Archived from the original on 7 June 2024. Retrieved 7 June 2024.
  2. ^ "Taiwan Semiconductor Manufacturing Company". TSMC. Archived from the original on 6 November 2017. Retrieved 19 May 2014.
  3. ^ "TSMC Ltd 2023 Annual Report (Form 20-F)". SEC.gov. U.S. Securities and Exchange Commission. 18 April 2024. Archived from the original on 26 October 2024. Retrieved 27 October 2024.
  4. ^ Zacks Equity Research (13 April 2021). "What's in Store for Taiwan Semiconductor's (TSM) Q1 Earnings?". Yahoo! Finance. Archived from the original on 14 October 2022. Retrieved 17 April 2021.
  5. ^ The Value Portfolio (16 April 2021). "Taiwan Semiconductor Stock: Great Company, But Valuation Too High (NYSE:TSM)". SeekingAlpha. Archived from the original on 16 December 2021. Retrieved 17 April 2021.
  6. ^ Chiang, Sheila (20 July 2023). "TSMC reports first profit drop in 4 years as electronics demand slump continues". CNBC. Archived from the original on 12 November 2023. Retrieved 22 October 2023.
  7. ^ "Advanced Technology Key to Strong Foundry Revenue per Wafer". IC Insights. 12 October 2018. Archived from the original on 14 July 2019. Retrieved 14 July 2019.
  8. ^ "Taiwan chipmaker TSMC's earnings soar 91%, Companies & Markets News & Top Stories". The Straits Times. Bloomberg. 17 April 2020. Archived from the original on 2 May 2020. Retrieved 4 May 2020.
  9. ^ Strong, Matthew (24 March 2020). "Taiwan chip giant TSMC wants 30,000 employees to work from home". Taiwan News. Archived from the original on 2 May 2020. Retrieved 4 May 2020.
  10. ^ "Taiwan Semiconductor Manufacturing Company Limited (2330)". Nikkei Asia. Archived from the original on 13 May 2023. Retrieved 14 May 2023.
  11. ^ "TSMC becomes safe haven for foreign investors; market cap hits high". Taiwan News. Central News Agency. 17 March 2016. Archived from the original on 26 March 2022. Retrieved 17 April 2021.
  12. ^ "The Global 2000 2023". Forbes. Archived from the original on 29 January 2024. Retrieved 7 February 2024.
  13. ^ Yang, Charlotte (14 February 2024). "Taiwan Stock Index Climbs to Record High on Optimism Over AI – BNN Bloomberg". BNNBloomberg. Bloomberg. Archived from the original on 31 March 2024. Retrieved 31 March 2024.
  14. ^ "Taiwan's economic outlook: a challenging year as global semiconductor sales slump". Think.ing. 25 April 2023. Archived from the original on 7 February 2024. Retrieved 31 March 2024.
  15. ^ "Company Info". TSMC. Archived from the original on 6 November 2017. Retrieved 20 December 2010.
  16. ^ "D&R Foundry Corner – TSMC". Design & Reuse. Archived from the original on 22 May 2014. Retrieved 18 May 2014.
  17. ^ Jennings, Ralph. "How Taiwan Chipmaker TSMC Will Prosper For 5 More Years Without Its Iconic Founder". Forbes. Archived from the original on 9 July 2020. Retrieved 9 July 2020.
  18. ^ Horwitz, Josh (5 June 2018). "After spawning a $100 billion industry, Taiwan's "godfather" of computer chips is retiring". Quartz. Archived from the original on 10 July 2020. Retrieved 9 July 2020.
  19. ^ 11 March, Tim Phillips |; TSM, 2020 | More on (11 March 2020). "Forget China Mobile. Buy This Stock to Play the 5G and AI Supercycle". The Motley Fool Hong Kong (in Simplified Chinese). Archived from the original on 5 August 2020. Retrieved 9 July 2020.{{cite web}}: CS1 maint: numeric names: authors list (link)
  20. ^ Abrams, Randy (25 November 2013), Asia Semiconductor Sector (Sector Review), Asia Pacific Equity Research, Credit Suisse, pp. 1, 3
  21. ^ Nenni, Daniel (25 April 2013). "Morris Chang on Altera and Intel". SemiWiki. Archived from the original on 29 August 2018. Retrieved 23 May 2014.
  22. ^ "Intel Outsourcing Some Atom Manufacturing to TSMC". The Oregonian. 2 March 2009. Archived from the original on 23 December 2017. Retrieved 15 October 2010.
  23. ^ Loukil, Ridha (9 October 2017). "STMicroelectronics envisage la création de deux usines de puces avec l'aide des Etats français et italien". Ousine Nouvelle (in French). Archived from the original on 14 September 2018. Retrieved 2 February 2018.