Page 325 - TSMC 2022 Annual Report

12. INVESTMENTS ACCOUNTED FOR USING EQUITY METHOD
Investments accounted for using the equity method consisted of the following:
Subsidiaries Associates
a. Investments in subsidiaries Subsidiaries consisted of the following:
December 31, 2022
$ 700,324,717 27,622,452
$ 727,947,169
December 31, 2021
$ 580,702,074 21,940,470
$ 602,642,544
Percentage of Ownership
Subsidiaries
TSMC Global Ltd. (TSMC Global)
TSMC China Company Limited (TSMC China)
TSMC Nanjing Company Limited (TSMC Nanjing)
TSMC Partners, Ltd. (TSMC Partners)
TSMC Arizona Corporation (TSMC Arizona)
Japan Advanced Semiconductor Manufacturing, Inc. (JASM)
VisEra Technologies Company Ltd. (VisEra Tech)
TSMC North America
Emerging Fund L.P.(Emerging Fund)
TSMC Japan 3DIC R&D Center, Inc. (TSMC 3DIC)
TSMC Europe B.V. (TSMC Europe)
TSMC Design Technology Japan, Inc. (TSMC JDC)
VentureTech Alliance Fund III, L.P. (VTAF III)
TSMC Japan Limited (TSMC Japan)
VentureTech Alliance Fund II, L.P. (VTAF II)
TSMC Korea Limited (TSMC Korea)
Principal Activities
Investment activities
Manufacturing, selling, testing and computer-aided design of integrated circuits and other semiconductor devices
Manufacturing, selling, testing and computer-aided design of integrated circuits and other semiconductor devices
Investing in companies involved in the design, manufacture, and other related business in the semiconductor industry and other investment activities
Manufacturing, selling and testing of integrated circuits and other semiconductor devices
Manufacturing, sales, testing and computer aided design of integrated circuits and other semiconductor devices
Research, design, development, manufacturing, sales, packaging and test of color filter
Selling and marketing of integrated circuits and other semiconductor devices
Investing in technology start-up companies
Engineering support activities
Customer service and supporting activities
Engineering support activities
Investing in new start-up technology companies
Customer service and supporting activities
Investing in new start-up technology companies
Customer service and supporting activities
December 31, 2022
$ 411,992,426 87,028,722
67,385,300 63,697,217
25,639,079 23,330,125
11,467,860
5,449,755 1,760,885 1,172,706
527,693 376,176
246,702
134,560 71,429
44,082 $ 700,324,717
December 31, 2021
$ 374,639,406 73,470,628
46,159,494 54,968,185
16,667,696 1,383,554
6,521,231
4,871,149
286,205
270,513
509,880 368,144
300,401
132,411 112,320
40,857 $ 580,702,074
December 31, 2022
100% 100%
100% 100%
100% 71%
68%
100%
99.9%
100%
100% 100%
98%
100% 98%
100%
December 31, 2021
100% 100%
100% 100%
100% 100%
73%
100%
99.9%
100%
100% 100%
98%
100% 98%
100%
Place of Incorporation and Operation
Tortola, British Virgin Islands Shanghai, China
Nanjing, China
Tortola, British Virgin Islands
Phoenix, Arizona, U.S.A.
Kumamoto, Japan
Hsinchu, Taiwan
San Jose, California, U.S.A.
Cayman Islands
Yokohama, Japan
Amsterdam, the Netherlands Yokohama, Japan
Cayman Islands
Yokohama, Japan Cayman Islands
Seoul, Korea
Carrying Amount
- 139 -
- 139 -