This document discusses Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest dedicated independent semiconductor foundry. It notes that TSMC has faced challenges of high costs to build and maintain fabrication plants with excess capacity. However, it has been able to gain customers like Apple by offering reliable fabrication at scales from 130nm to 5nm, with high yield rates. Key to TSMC's success has been its R&D investments, reliable manufacturing processes enabled by economies of scale, and financial support from Apple. The company's founder, Morris Chang, emphasizes the importance of maintaining technology leadership, manufacturing excellence, and customer trust.
6. Business Module
Design for manufacturing
Reliable mass production
(80% yield rate VS opponents’ 30% yield rate)
Business-to-business, 100% Contract basis
7. History of company
1. Technology leadership
2. Manufacturing excellence
3. Customer trust
“If we lose one of them, then it won’t be the TSMC we want anymore.”
--- Morris Chang
10. Secret Sauce
1. Nightingale Research Team --- R&D, 24/7
2. Reliable manufacturing with scale effects
3. Apple’s financial support for TSMC
11. Secret Sauce
1. Nightingale Research Team --- R&D, 24/7
2. Reliable manufacturing with scale effects
3. Apple’s financial support for TSMC
Technology leadership
Manufacturing excellence
Customer trust
“If we lose one of them, then it won’t be the TSMC we want anymore.”
--- Morris Chang
