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12. TSMC (TSM) - 2023 Dec. Top 20 companies in the world based on their market capitalization

by Finance&M 2023. 12. 13.

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TSMC (Taiwan Semiconductor Manufacturing Company) stands as a pivotal player in the world of fabless silicon manufacturing. Let’s delve into its fascinating history and milestones:

Founding and Early Days:

  • TSMC was founded in 1987 by Dr. Morris Chang, often referred to as the “father of semiconductors.”
    Dr. Chang, with a background in advanced semiconductor design and manufacturing, established TSMC as a collaboration between the Taiwanese government, tech giant Philips, and private investors interested in semiconductor technology.
  • The company’s first semiconductor wafer fabrication plant, Fab-1, was set up on the campus of the non-profit research institute ITRI.

 

 

Innovation and Leadership:

  • Dr. Chang’s willingness to embrace novel ideas and concepts kept TSMC ahead of its competitors.
  • TSMC continually invested in new silicon nodes and expanded its manufacturing capabilities, maintaining a focus on the highest quality levels.
  • A key factor in TSMC’s success is the availability of IP blocks for each process node. These IP blocks, developed by third parties, help customers reduce design cycles and accelerate time to market.
  • TSMC attracted numerous IP vendors, making it the preferred choice for new designs.

 

Core Values and Vision:

  • TSMC’s core values include integrity, commitment, innovation, and customer trust.
  • Despite its fame, TSMC remains dedicated to maintaining service quality and collaborating with other major players in the semiconductor industry.
  • The company consistently expands its capacity, integrating new features across various disciplines.

 

Leadership Transition:

  • Dr. Chang retired in 2018 after 31 years of TSMC leadership.
  • Mark Liu became chairman, and C. C. Wei assumed the role of Chief Executive.
  • TSMC’s journey from its inception to its current status as the world’s largest independent semiconductor foundry reflects a remarkable blend of innovation, commitment, and vision.cials

 

Revenue and Net Income:

  • In the second quarter of 2023, TSMC reported a revenue of NT$480.84 billion (approximately $15.2 billion to $16 billion in USD) and a net income of NT$181.8 billion.
  • These figures reflect the company’s performance during that specific period.

 

Annual Reports and Financial Statements:

  • TSMC provides comprehensive financial information through its annual reports and financial statements.
  • You can explore detailed financial data for various years, including consolidated financial statements and unconsolidated financial statements.
  • The annual reports contain essential sections such as Letter to Shareholders, Company Profile, Corporate Governance, 
  • Financial Highlights and Analysis, and more.

 

Accessing Reports:

  • To access TSMC’s financial reports, you can visit their official Investor Relations website.
  • Additionally, TSMC files an Annual Report on Form 20-F with the U.S. Securities and Exchange Commission (SEC).
  • The report for 2022 is available online.
  • For more detailed information, feel free to explore TSMC’s official resources.