Taiwan Semiconductor Manufacturing Co. (TSMC) holds a strategically important position as a gatekeeper in the global supply chain for high-performance logic semiconductors, a key strategic component for technological innovations including 5G telecom networks, artificial intelligence, the Internet of Things and autonomous vehicles.

The company was founded in 1987 as the world¡¯s first dedicated semiconductor foundry to manufacture chips designed by clients. It grew to occupy 54% share of the global foundry market in 2020.

The firm has also become the front-runner in leading-edge microfabrication technology, overtaking Intel Corp. TSMC is the only company in the world that can provide a stable supply of logic semiconductor chips mass-produced using 5-nanometer process technology.