The semiconductor industry in Taiwan

How did Taiwan — home to the world’s largest semiconductor foundry, TSMC — become a leading player in global electronics?

Unique circumstances in Taiwan led to the creation of the foundry model, where an integrated circuit manufacturer has no products of its own and its plants produce only customer designs. The model has reshaped the global semiconductor industry and is well positioned to be at the heart of technological innovation in the industry.

With careful planning and a focus on developing expertise, government policy has helped Taiwan become a centre for semiconductor innovation.

Through a combination of talent cultivation and innovative research and development, the integrated circuit design industry in Taiwan now plays a central role in global electronics.