Why Tsmc Is Important?

(TSMC) holds a strategically important position as a gatekeeper in the global supply chain for high-performance logic semiconductors, a key strategic component for technological innovations including 5G telecom networks, artificial intelligence, the Internet of Things and autonomous vehicles.

Why is TSMC important?

The most important firm in this critical business is Taiwan Semiconductor Manufacturing Company (TSMC). It controls 84% of the market for chips with the smallest, most efficient circuits on which the products and services of the world's biggest technology brands, from Apple in America to Alibaba in China, rely.

Why is TSMC so successful?

TSMC's focus has been to be the “Switzerland of chip manufacturing”. ... Indeed, with the auto chip shortage, there is still a long queue of customers waiting for the company to make their chips for them. “TSMC's key advantage is its pure-foundry business model,” Morgan Stanley noted in a report two weeks ago.