TSMC meaning in Business ?

Answer:

What is Taiwan Semiconductor Manufacturing Company mean?

Taiwan Semiconductor Manufacturing Company, Limited (TSMC; Chinese: 台灣積體電路製造股份有限公司; pinyin: Táiwān jī tǐ diànlù zhìzào gǔfèn yǒuxiàn gōngsī, also called Taiwan Semiconductor) is a Taiwanese multinational semiconductor contract manufacturing and design company. It is the world's most valuable semiconductor company, the world's largest dedicated independent (pure-play) semiconductor foundry, and one of Taiwan's largest companies, with its headquarters and main operations located in the Hsinchu Science Park in Hsinchu. It is majority owned by foreign investors.

Founded in Taiwan in 1987 by Morris Chang, TSMC was the world's first dedicated semiconductor foundry and has long been the leading company in its field. When Chang retired in 2018, after 31 years of TSMC leadership, Mark Liu became Chairman and C. C. Wei became Chief Executive. It has been listed on the Taiwan Stock Exchange (TWSE: 2330) since 1993; in 1997 it became the first Taiwanese company to be listed on the New York Stock Exchange (NYSE: TSM). Since 1994, TSMC has had a compound annual growth rate (CAGR) of 17.4% in revenue and a CAGR of 16.1% in earnings.

Most of the leading fabless semiconductor companies such as AMD, Apple, ARM, Broadcom, Marvell, MediaTek, and Nvidia, are customers of TSMC, as are emerging companies such as Allwinner Technology, HiSilicon, Spectra7, and Spreadtrum. Leading programmable logic device companies Xilinx and previously Altera also make or made use of TSMC's foundry services.Some integrated device manufacturers that have their own fabrication facilities, such as Intel, NXP, STMicroelectronics and Texas Instruments, outsource some of their production to TSMC. At least one semiconductor company, LSI, re-sells TSMC wafers through its ASIC design services and design IP portfolio.

TSMC has a global capacity of about thirteen million 300 mm-equivalent wafers per year as of 2020, and makes chips for customers with process nodes from 2 microns to 5 nanometres. TSMC is the first foundry to provide 7-nanometre and 5-nanometre (used by the 2020 Apple A14 and M1 SoC) production capabilities, and the first to commercialize extreme ultraviolet (EUV) lithography technology in high volume.

reference

Full Form	Category
Taiwan Semiconductor Manufacturing Company Ltd.	Business
Taiwan Semiconductor Manufacturing Company	Business
Taiwan Semiconductor Manufacturing Company limited	Computing
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