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
- Received the prestigious 2021 IEEE Corporate Innovation Award, honoring the Company’s leadership in developing 7-nanometer foundry technology and enabling the innovations of IC designers everywhere
- Produced 11,895 different products using 288 different process technologies to serve hundreds of customers with the world's largest logic capacity of >16 million 12"-equivalent wafers in 2023
- Enjoys a semiconductor excluding memory market share of 28% by unleashing customers' innovations and nurturing customers' success, which formed the foundation the Company's future success
Excellent Financial Performance
- The only foundry that consistently delivers excellent financial results. Delivered 17.7% revenue CAGR and 17.2% earnings CAGR since listing in 1994
- Strategic financial objectives (2021 to 2026): (1) revenue CAGR to be between 15% to 20% in U.S. dollar terms; (2) gross margin to be 53% and higher and ROE to be above 25%
- 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$9.35bn in 2023
- Started paying cash dividends from 2004, and have never reduced dividend per share
- Committed to sustainable cash dividends on both annual and quarterly basis
An Ethical Company with Integrity
- Core values of Integrity, Commitment, Innovation, and Customer Trust (ICIC)
- Management follow 10 business philosophy
Sustainability Leader
- Actively fulfill corporate social responsibilities and develop positive relationships with all stakeholders including employees, shareholders, customers, suppliers, and society
- Set our sustainability focuses on driving green manufacturing, building a responsible supply chain, creating an inclusive workplace, developing talent, and caring for the underprivileged
- Included in the Dow Jones Sustainability Indices (DJSI) for 23 consecutive years in 2023; received a rating of "Low ESG Risk" from the Sustainalytics ESG Risk Ratings; included in both MSCI ESG Leaders Indexes/SRI Indexes (with “AAA” rating) and FTSE4Good Emerging Index/All-world Index; awarded ISS ESG's “Prime” status in the ESG Corporate Rating; membership in the Corporate Knights & As You Sow Carbon Clean 200TM List for 2023; awarded “The Most Prestigious Sustainability Award” by Taiwan Institute for Sustainable Energy for 8th conservative years
Trinity of Strengths Enables TSMC to be Everyone's Foundry
- Lead in technology, manufacturing excellence and customers' trust, which enable the Company to be everyone's foundry