TSMC Shares Are an Attractive Investment for Semiconductor Innovations

The World's Largest and Best Semiconductor Foundry

  • Pioneered the dedicated semiconductor foundry business model, enabled fabless IC design industry to flourish and unleashed innovations with all Logic IC designers
  • Built the world's largest semiconductor design ecosystem, Open Innovation Platform®, and collaborated with its customers/partners to form the most powerful force of semiconductor innovations – about 85% of worldwide semiconductor start-up product prototypes were enabled by TSMC
  • Produced 10,761 different products using 272 different process technologies to serve hundreds of customers with the world's largest logic capacity of >12 million 12"-equivalent wafers in 2019
  • Enjoys a total foundry market share of 56% by unleashing customers' innovations and nurturing customers' success, which formed the foundation the Company's future success

Excellent Financial Performance; Consistently Delivered >20% ROE

  • The only foundry that consistently delivers excellent financial results. Delivered 17.4% revenue CAGR and 16.1% earnings CAGR since listing in 1994
  • Strategic financial objectives: (1) minimum 20% ROE across cycles; (2) earnings CAGR to be between 5% and 10% for the next few years
  • Fortress balance sheet with semiconductor industry's highest credit rating (S&P: AA-, Moody's Aa3)
  • Have relied only on internally generated funds to finance organic growth
  • Highly disciplined in mergers and acquisitions

Commit to Sustainable Cash Dividends and Paid US$8.5bn in 2019

  • Started paying cash dividends from 2004, and have never reduced dividend per share
  • Committed to a stable cash dividends on both annual and quarterly basis

An Ethical Company with Integrity

Sustainability Leader

  • Actively fulfill corporate social responsibilities and develop positive relationships with all stakeholders including employees, shareholders, customers, suppliers, and society
  • Continue to cultivate green manufacturing, create an inclusive workplace, and build a responsible supply chain to serve as a positive force in society
  • Included in the Dow Jones Sustainability Indices (DJSI) for 18 consecutive years in 2018, the only semiconductor company to achieve this distinction; rated "Prime" by Institutional Shareholder Services (ISS-oekom); named "Leader" by Sustainalytics; included in both MSCI ESG Leaders Indexes/SRI Indexes (with "AA" rating) and FTSE4Good Emerging Index; ranked 10th in "Global 100 Most Sustainable Corporations" by Corporate Knights

Trinity of Strengths Enables TSMC to be Everyone's Foundry