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Taiwan Semiconductor Manufacturing Company history
Taiwan Semiconductor Manufacturing Company company history timeline
Taiwan Semiconductor Manufacturing Company Ltd. was officially formed in 1987 as a joint venture between the Taiwan government (21%), Dutch multinational electronics giant Philips (28%), and other private investors.
Although TSMC started two-node processes behind its competitors at the time, it was able to break the 1-micron wafer-processing barrier in 1991 replacing its six-inch, 2-micron wafer-processing fabrication.
By 1992, TSMC was rated as the world’s top silicon foundry.
As the demand for their semiconductor technology kept on rising, TSMC eventually established their own 8 inch wafer fabrication facility in 1993, soon after which they began to appear on the Taiwan Stock Exchange.
In September 1994, TSMC went public on the Taiwan Stock Exchange.
In March 1995, TSMC announced the launch of an eight-inch wafer fabrication plant that would cost them $1.2 billion.
By the end of 1996, TSMC reported $1.45 billion in sales with a net income of $718 million.
1997 – 1 million wafer capacity
1997 was foreseen to be the year of sales decline with a 50% drop in profits.
In September 1999, Taiwan was hit by the largest earthquake in the country’s history.
By 1999 TSMC counted among its clients corporations around the globe, including Motorola, Siemens AG, and Texas Instruments, and enjoyed net sales of more than $1.5 billion annually.
In January of 2000, TSMC completed the acquisition of TSMC-Acer for around $90 million.
2000 – Merger with WSMC and TI-Acer
With an increased budget and fabrication force, TSMC entered 2001 with a surplus of wafers and less demand.
In 2005 Chang stepped down as CEO, but he was reelected to the post four years later.
He took this experience and founded TSMC alongside Chang Chun Moi and Tseng Fan Cheng in Hsinchu, Taiwan, where he continued as the CEO of TSMC until 2006.
2008 – Open innovation platform launched
2011 total sales revenue reached a new high at US $14.5 billion
Regarding the differences between 2012 financial statements under TIFRS and under R.O.C. GAAP, please refer to the report of "Major Differences between TIFRS and R.O.C. GAAP for TSMC" below.
Expected 2012 capital expenditure total of US $8.5 billion
The company’s total managed capacity reached 15.1 million eight-inch equivalent wafers in 2012.
Special Remark: Starting 2013, TSMC prepares financial statements in accordance with TIFRS (International Financial Reporting Standards as endorsed in R.O.C.). TSMC no longer provides R.O.C. GAAP and United States GAAP-based financial statements.
A total managed capacity of 16.4 million eight-inch equivalent wafers in 2013
His return came as TSMC began to expand into solar cells and light-emitting diodes (LEDs). Chang retired as CEO in 2018.
Like the struggles of the company’s founder had been overcome, TSMC’s current leadership is set to overcome the turmoil caused by 2020.
MediaTek and TSMC Unveil the World’s First 7nm 8K Resolution Digital TV System-on-Chip started by Daniel Nenni on November 23, 2021
Self-Aligned Via Process Development for Beyond the 3nm NodeJanuary 5, 2022
DENSO to Take Minority Stake in JASM started by AmandaK on March 29, 2022
TSMC N3 will be a Record Setting Node!May 19, 2022
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Taiwan Semiconductor Manufacturing Company competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| STMicroelectronics | 1987 | $16.1B | 46,000 | 7 |
| Texas Instruments | 1930 | $15.6B | 29,888 | 424 |
| PMC-Sierra | 1984 | $531.0M | 1,500 | - |
| National Semiconductor | 1959 | $1.4B | 5,800 | - |
| Microchip Technology | 1989 | $7.6B | 19,500 | 124 |
| Xilinx | 1984 | $3.1B | 4,891 | - |
| Librato, Inc. | - | $13.0B | 63,800 | - |
| Intel | 1968 | $53.1B | 121,100 | 311 |
| Cypress | 2009 | $2.2B | 5,871 | 65 |
| Brewer Science | 1981 | $75.0M | 200 | 58 |
Taiwan Semiconductor Manufacturing Company history FAQs
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Taiwan Semiconductor Manufacturing Company may also be known as or be related to Taiwan Semiconductor Manufacturing Company, Taiwan Semiconductor Manufacturing Company Limited, Taiwan Semiconductor Manufacturing Company Limited (TSMC), Tsmc and TSMC.