Taiwan Semiconductor Manufacturing Co Ltd (TSM)

Profile

• URL: http://www.tsmc.com
• Investor Relations URL: http://www.tsmc.com/english/investorRelations/index.htm
• HQ State/Province: N/A
• Sector: Technology
• Industry: Semiconductors
• Equity Style: Large Cap/Growth
• Next Earnings Release: Apr. 19, 2019
• Last Earnings Release: Jan. 17, 2019
• Next Ex-Dividend Date: N/A
• Last Ex-Dividend Date: Jun. 25, 2018
• Description: Taiwan Semiconductor Manufacturing is the world's largest dedicated chip foundry, with 54% market share in 2017 (according to Gartner's April 2018 data). TSMC was founded in 1987 as a joint venture of Philips, the government of Taiwan, and private investors. It went public as an ADR in the U.S. in 1997. TSMC's scale and high-quality technology allow the firm to generate solid operating margins, even in the highly competitive foundry business. Furthermore, the shift to the fabless business model has created tailwinds for TSMC. The foundry leader has an illustrious customer base, including Apple and Nvidia, that looks to apply cutting-edge process technologies to its semiconductor designs.