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Company Directory - Taiwan Semiconductor Manufacturing Company Limited

Company Details - Taiwan Semiconductor Manufacturing Company Limited

Taiwan Semiconductor Manufacturing Company Limited Logo

Taiwan Semiconductor Manufacturing Company Limited

Website

Hsinchu, Taiwan

TWSE: 2330, NYSE: TSM 

ISIN: US8740391003

TSMC is the world’s largest dedicated independent semiconductor foundry, offering advanced process technology and manufacturing services to a global customer base. The company is a leader in semiconductor fabrication and plays a critical role in the electronics supply chain.

CCI Score

CCI Score: Taiwan Semiconductor Manufacturing Company Limited

-36.13

0.02%

Latest Event

TSMC's $100 Billion U.S. Investment to Strengthen Domestic Chip Manufacturing

TSMC announced a $100 billion investment in the U.S. earlier this month, increasing its total U.S. investment to $165 billion. The move aims to bolster domestic chip manufacturing capabilities amid rising geopolitical tensions and competition from China.

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TOADIE

Taiwan Semiconductor Manufacturing Company Limited is currently rated as a Toadie.

-30 to -44 CCI Score
Companies scoring in this range actively seek to please authoritarian regimes. They offer proactive support and assistance in exchange for preferential treatment, compromising ethical standards for business gains and political favor.

Latest Events

  • TSMC's $100 Billion U.S. Investment to Strengthen Domestic Chip Manufacturing Logo
    MAR
    31
    2025

    TSMC announced a $100 billion investment in the U.S. earlier this month, increasing its total U.S. investment to $165 billion. The move aims to bolster domestic chip manufacturing capabilities amid rising geopolitical tensions and competition from China.

  • TSMC's Executive Political Engagement Under Scrutiny Amid U.S. Onshoring Push Logo
    MAR
    24
    2025

    In the wake of major foreign companies, including TSMC, visiting the White House to announce large U.S. onshoring plans, concerns have emerged regarding TSMC's engagement with a Trump administration known for authoritarian tendencies. The company's political engagement is being questioned for potentially aligning corporate interests with policies that undermine democratic oversight.

  • TSMC Supply Chain Dependency and Economic Influence Amid China's Soft Power Failure Logo
    MAR
    23
    2025

    The article on China's soft power failure in Taiwan discusses how, despite the broader political and cultural backlash, key players like TSMC continue to rely on Chinese manufacturers. This dependency raises concerns about TSMC’s indirect complicity in bolstering authoritarian economic practices through its supply chain ties.

  • TSMC US Investment Ceremony and Political Complicity Logo
    MAR
    13
    2025

    TSMC's $100 billion US investment, marked by a White House ceremony with President Trump, is seen by critics as a de facto political contribution or protection fee that supports authoritarian practices. The move raises concerns about the company's alignment with political forces that undermine democratic accountability.

  • -70

    Public and Political Behavior

    March 17

    TSMC's participation in a politically charged ceremony where it effectively funneled $100 billion in an investment that serves as a 'protection fee' for favorable treatment signals a troubling alignment with authoritarian political behavior. This involvement undermines transparency and democratic processes by contributing to an environment where corporate money influences political agendas.

    TSMC US Investment: Fear and resignation after ‘world’s most powerful company’ pays Trump $100 billion

  • -60

    Economic and Structural Influence

    March 17

    TSMC’s $100 billion investment, interpreted by many as a form of protection fee, reflects a concerning economic collaboration with an administration known for its authoritarian tendencies. By engaging in such economic structuring, TSMC risks being complicit in regulatory capture and economic coercion, ultimately supporting a broader environment that favors authoritarian governance.

    TSMC US Investment: Fear and resignation after ‘world’s most powerful company’ pays Trump $100 billion

  • TSMC Lobbying Expenditure Disclosed in Q4 2024 Logo
    JAN
    21
    2025

    A disclosure revealed that TSMC spent $540,000 on lobbying in Q4 2024, engaging with key U.S. governmental bodies on issues such as export controls, trade policies, and semiconductor manufacturing regulations. This corporate lobbying activity raises concerns about potential undue influence on policy-making and its alignment with authoritarian interests.

  • -40

    Public and Political Behavior

    March 17

    TSMC's disclosed lobbying expenditure of $540,000, aimed at influencing U.S. policy on areas such as export control for semiconductor technologies and trade negotiations, indicates active corporate engagement in political processes. From an anti-fascist perspective, such activities suggest a willingness to use financial influence to shape policy in favor of corporate interests, potentially undermining democratic accountability and transparency.

    Lobbying Update: $540,000 of TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY (TSMC) lobbying was just disclosed

  • TSMC Lobbying Spending 2024 Logo
    DEC
    31
    2024

    TSMC spent $3.01 million on lobbying in 2024, reflecting its active involvement in influencing U.S. political decision-making. This expenditure raises concerns about how corporate lobbying may prioritize business interests over democratic accountability.

  • -30

    Political Contributions and Lobbying Efforts

    March 17

    Taiwan Semiconductor Manufacturing Company Limited allocated $3.01 million to lobbying in 2024. From an anti-fascist perspective, this significant expenditure on political lobbying suggests an effort to influence policy in ways that may undermine democratic accountability and prioritize corporate interests, which is concerning given the current climate of rising authoritarianism.

    Taiwan Semiconductor Manufacturing Lobbying Profile • OpenSecrets

  • Controversy over TSMC CHIPS Act Contract: Labor and Regulatory Concerns Logo
    NOV
    18
    2024

    Community and labor groups have raised significant concerns regarding TSMC's CHIPS Act contract in Phoenix, Arizona. Critics highlight the lack of enforceable commitments to secure fair job standards, safe working conditions, and union rights, as well as the problematic reliance on proprietary industry guidelines that undermine public oversight.

  • -70

    Labor Relations and Human Rights Practices

    March 17

    The CHIPS Act contract with TSMC has drawn criticism for its inadequate commitments to labor rights. The agreement fails to set enforceable standards for job creation, fair wages, safe working conditions, and, crucially, the right to unionize without intimidation. This reflects a broader pattern of long-standing issues in the semiconductor industry regarding worker exploitation and lack of transparency in labor practices.

    Community and Labor Groups React to CHIPS Act Contract with TSMC

  • -50

    Regulatory Capture

    March 17

    The contract permits TSMC to follow proprietary industry-developed guidelines (SEMI’s S2) for managing toxic chemicals and other safety protocols. This self-regulatory allowance restricts public oversight and transparency, effectively enabling regulatory capture. The absence of independent enforcement mechanisms raises concerns about the adequacy of protections for both workers and local communities.

    Community and Labor Groups React to CHIPS Act Contract with TSMC

  • TSMC accused of discriminatory hiring practices Logo
    NOV
    14
    2024

    A lawsuit alleges that TSMC’s HR practices favor Taiwanese citizens over American candidates, subjecting non-Asian and non-Taiwanese applicants to heightened scrutiny. This discriminatory hiring process has raised serious concerns regarding labor rights and equal opportunity in the workplace.

  • -70

    Labor Relations and Human Rights Practices

    March 17

    The allegations against TSMC point to discriminatory hiring practices that favor Taiwanese citizens, effectively marginalizing non-Asian and non-Taiwanese applicants. This behavior undermines fair labor standards and contributes to systemic inequality, reflecting practices that can indirectly support oppressive labor structures. Such unethical labor practices are deeply concerning from a human rights perspective.

    TSMC accused of discriminatory hiring practices

  • Concerns over TSMC's Labor Practices at Arizona Plant Logo
    APR
    24
    2024

    Reports highlight allegations of severe labor abuses at TSMC's new chip plant in Arizona, where excessive work hours, intense managerial pressure, and poor treatment of American engineers have raised serious concerns about the company's commitment to worker rights.

  • -70

    Labor Relations and Human Rights Practices

    March 17

    The article documents widespread allegations of labor abuses at TSMC's new Arizona plant, including chronic overwork, 12-hour workdays, harsh management practices, and poor treatment of American engineers. These issues fall under Labor Relations and Human Rights Practices and are indicative of unethical labor practices that undermine worker rights, contributing to corporate behavior that can enable authoritarian tendencies by devaluing individual rights.

    TSMC's labor practices draw serious concern in Arizona

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