TSMC

Taiwan Semiconductor Manufacturing Company Limited

One of TSMC's factories in Taichung's Central Taiwan Science Park
Native name	台積電
Company type	Public
Traded as	TWSE: 2330 NYSE: TSM LSE: OLCV
ISIN	US8740391003
Industry	Semiconductors
Founded	21 February 1987; 37 years ago (1987-02-21), in Industrial Technology Research Institute, Hsinchu, Taiwan
Founder	Morris Chang
Headquarters	Hsinchu Science Park , Taiwan
Area served	Worldwide
Key people	Che Chia Wei (chairman and CEO)[1]
Production output	12 million 12-inch equivalent wafers (2023)
Services	Manufacture of integrated circuits mask services integrated circuits packaging multi wafer foundry services
Revenue	US$69.30 billion (2023)
Operating income	US$26.88 billion (2023)
Net income	US$30.09 billion (2023)
Total assets	US$169.6 billion (2023)
Total equity	US$112.7 billion (2023)
Number of employees	76,478 (2023)
Divisions	SSMC (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 Pinyin Táiwān Jītǐ Diànlù Zhìzào Gǔfèn Yǒuxiàn Gōngsī Bopomofo ㄊㄞˊ ㄨㄢ ㄐㄧ ㄊㄧˇ ㄉㄧㄢˋ ㄌㄨˋ ㄓˋ ㄗㄠˋ ㄍㄨˇ ㄈㄣˋ ㄧㄡˇ ㄒㄧㄢˋ ㄍㄨㄥ ㄙ Wade–Giles T'ai2-wan1 Chi1-t'i3 Tien4-lu4 Chih4-tsao4 Ku3-fen4 You3-hsien4 Kung1-ssŭ1 Southern Min Hokkien POJ Tâi-oân chek-thé tiān-lō͘ chè-chō kó͘-hūn iú-hān kong-si Tâi-lô Tâi-uân tsik-thé tiān-lōo tsè-tsō kóo-hūn iú-hān kong-si
Abbreviation
Traditional Chinese	台積電
Transcriptions Standard Mandarin Hanyu Pinyin Tái Jī Diàn Wade–Giles T'ai2 Chi1 Tien4 Southern Min Hokkien POJ Tâi-chek-tiān Tâi-lô Tâi-tsik-tiān
Website	tsmc.com
Footnotes / references [2][3]

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 Taiwan'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.