HSINCHU, Taiwan -- After its annual general meeting next June, Taiwan Semiconductor Manufacturing Co., the sole chip supplier to Apple's new iPhones, will face new challenges from rivals without its 86-year-old founder, Morris Chang, at the helm for the first time since the company was established in 1987.
The world's largest contract chipmaker by revenue and market share has benefited from a healthy demand on the need for chips in smartphones and next-generation technologies, including connected devices and artificial intelligence.