TSMC
Taiwan Semiconductor Manufacturing Company Ltd. is a global Taiwanese semiconductor contract manufacturing and design business. The largest dedicated independent (pure-play) semiconductor foundry in the world, the most valuable semiconductor business in the world, and one of Taiwan's biggest corporations all have their primary offices and operations in Hsinchu Science Park. Foreign investors own the majority of the company.
Morris Chang established TSMC, the first specialized semiconductor foundry in the world, in Taiwan in 1987. TSMC has long held the top position in its industry. After 31 years at the helm of TSMC, Chang departed in 2018, and Mark Liu took over as chairman and C. C. Wei as CEO. It was the first Taiwanese firm to debut on the New York Stock Exchange in 1997, having been listed on the Taiwan Stock Exchange since 1993 (TWSE: 2330). (NYSE: TSM). Since 1994, TSMC's revenue has grown at a compound annual growth rate (CAGR) of 17.4%, and earnings have grown at a CAGR of 16.1%.
TSMC's market cap was $479.71 billion as of March 2023. TSMC is now the 11th most valuable corporation in the world, according to market cap. The most recent financial reports from TSMC show that the company's current revenue (TTM) is $75.01 billion. The corporation generated $56.84 billion in revenue in 2021, an increase from $46.12 billion in revenue in 2020.
Founded: 1987
Headquarters: Hsinchu Science Park, Taiwan
Website: tsmc.com