Taiwan Semiconductor Manufacturing Company (TSMC)

Taiwan Semiconductor Manufacturing Company, Limited (TSMC) is the world's largest dedicated semiconductor foundry, founded in 1987 by Dr. Morris Chang. Headquartered in Hsinchu, Taiwan, the company specializes in the manufacturing of integrated circuits (ICs) and provides wafer fabrication services to fabless semiconductor companies, integrated device manufacturers (IDMs), and system-on-a-chip (SoC) developers.

TSMC operates on a pure-play foundry business model, which means it focuses exclusively on manufacturing semiconductor chips for its customers without designing or selling its own products. This model allows TSMC's customers to concentrate on chip design and marketing while outsourcing the fabrication process.

Key aspects of TSMC's business include:

  1. Advanced Process Technologies: TSMC is known for its cutting-edge manufacturing technologies, which enable the production of smaller, faster, and more power-efficient semiconductor chips. The company is a pioneer in areas such as FinFET transistors and extreme ultraviolet (EUV) lithography, continually investing in research and development to stay at the forefront of the industry.
  2. Capacity and Global Presence: TSMC operates multiple state-of-the-art fabrication facilities (fabs) in Taiwan, as well as in China and the United States. The company's manufacturing capacity is among the highest in the industry, allowing it to meet the demands of a diverse customer base.
  3. Customer Portfolio: TSMC serves a wide range of customers, from small startups to large multinational corporations. Some of the company's high-profile clients include Apple, NVIDIA, AMD, and Qualcomm.
  4. Diversified Markets: TSMC's semiconductor chips are used in various industries and applications, such as smartphones, computers, data centers, automotive, Internet of Things (IoT), and artificial intelligence (AI).

TSMC is publicly traded on the Taiwan Stock Exchange (TWSE) under the stock code 2330 and on the New York Stock Exchange (NYSE) under the ticker symbol TSM. The company has experienced substantial growth over the years, driven by the increasing demand for advanced semiconductor chips and the expansion of the global electronics market.

As a leading semiconductor manufacturer, TSMC is committed to promoting sustainability and corporate social responsibility. The company focuses on initiatives related to environmental protection, employee well-being, supply chain management, and community engagement.

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