Asia300

Taiwan Semiconductor Manufacturing Co., Ltd.

Taiwan

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Jan 19, 2018
Prev close: 255.5
Jan 19, 2018
Market cap:
Market cap(USD):
6,625.21B
225,290M
Shares: 25,930.4M

Currency in TWD

Company profile

Market(Ticker): TAI(2330)
Sector:
Industry:
Electronic Technology
Semiconductors
Full time employees: --

Business summary

Taiwan Semiconductor Manufacturing Co., Ltd. engages in the manufacture and sale of integrated circuits and wafer semiconductor devices. Its chips are used in personal computers and peripheral products; information applications; wired and wireless communications systems products; automotive and industrial equipment including consumer electronics such as digital video compact disc player, digital television, game consoles, and digital cameras. The company was founded by Chung Mou Chang on February 21, 1987 and is headquartered in Hsinchu, Taiwan.

Company background

Taiwan Semiconductor Mfg., better known as TSMC, is the world's largest semiconductor foundry.

It receives orders to make large-scale integrated circuits for smartphones, in addition to a variety of semiconductors for PCs and TVs.

According to U.S. research company Gartner, TSMC accounted for 53.7% of the market for semiconductor production outsourcing in 2014.

TSMC was established in 1987 at the initiative of the Taiwanese government to promote the country's semiconductor industry.

Morris Chang, the de facto founder and chairman, had served as group vice president at U.S. chipmaker Texas Instruments before taking the chairmanship at TSMC, by request of the government.

TSMC was the first in the world to specialize in semiconductor production outsourcing; it gets most of its orders from U.S. brands. In 2014, it contracted with Apple to make central processing units for the iPhone, significantly raising earnings.

The company, which also has plants in China and Singapore, faces a challenging future. In January of 2015, it sold its unprofitable light-emitting diode business. It must foster new businesses.

Chang is a charismatic corporate manager, but the market is closely watching for when the 80-something businessman retires from the managerial front line.

In the news

Financial highlights

Dec 2017

  • Local currency
  • US Dollar
Revenue 977,409.80M
Gross profit 494,826.43M
Operating income 385,559.22M
Income before tax 396,133.13M
Net income --
EBITDA --
Diluted EPS 13.23
Dividends per share --
Total assets --
Total liabilities --
Total equity --
Operating cash flow --

Currency in TWD

Revenue 32,127.63M
Gross profit 16,265.03M
Operating income 12,673.40M
Income before tax 13,020.96M
Net income --
EBITDA --
Diluted EPS 0.43
Dividends per share --
Total assets --
Total liabilities --
Total equity --
Operating cash flow --

Currency in USD

Valuation measures

Dec 2017

PER 17.34
ROA --
ROE --
Operating margin 39.44%
Profit margin --

Key executive

  • Co-General Manager & Director: Te Yin Liu
  • Co-General Manager & Director: Che Chia Wei
  • Head-Finance & Accounting, Senior Deputy GM: Li Mei Ho
  • Senior Vice President: Rick Cassidy
  • Deputy General Manager-Operations: Meng Chao Tzeng

Share holders

  • National Development Fund of The Executive Yuan(6.3%)
  • Capital Research & Management Co. (World Investors)(4.8%)
  • The Vanguard Group, Inc.(2.3%)
  • BlackRock Fund Advisors(2.0%)
  • Capital Research & Management Co. (Global Investors)(1.8%)
  • Norges Bank Investment Management(1.2%)
  • OppenheimerFunds, Inc.(1.2%)
  • APG Asset Management NV(0.7%)
  • Deutsche Asset Management Investment GmbH(0.7%)
  • Schroder Investment Management Ltd.(0.6%)

Address

  • Website: http://www.tsmc.com
  • Address: No. 8 Li-Hsin 6th Road, Hsinchu Science Park, Hsinchu, 300, Taiwan
  • Phone: +886.3.563.6688

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