Company Directory - Taiwan Semiconductor Manufacturing Corp.
Company Details - Taiwan Semiconductor Manufacturing Corp.
Taiwan Semiconductor Manufacturing Corp.
WebsiteHsinchu, Taiwan
ISIN: US8740391003
16 Locations
The world's largest computer chip maker, known for manufacturing semiconductors for various clients.
CCI Score
CCI Score: Taiwan Semiconductor Manufacturing Corp.
13.43
Latest Event
TSMC Hires Ex-Intel Lobbyist for Political Engagement
TSMC has hired former Intel lobbyist Peter Cleveland to lead its policy, legislative, and regulatory efforts in Washington amid escalating U.S.-China tensions. The move signals an intensified focus on shaping public policy to safeguard its business interests.
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SABOTEUR
Taiwan Semiconductor Manufacturing Corp. is currently rated as a Saboteur.
Latest Events
- JUL012025
TSMC has hired former Intel lobbyist Peter Cleveland to lead its policy, legislative, and regulatory efforts in Washington amid escalating U.S.-China tensions. The move signals an intensified focus on shaping public policy to safeguard its business interests.
-60
Executive Political Engagement
April 3
By recruiting Peter Cleveland, who led Intel's lobbying for over a decade, TSMC is consolidating its political engagement to navigate regulatory challenges arising from U.S.-China tensions. From an anti-fascist perspective, such intensified corporate political influence may undermine democratic accountability by prioritizing corporate interests over broader public welfare.
TSMC Hires Ex-Intel Lobbyist to Deal With U.S.-China Tensions
- MAR172025
TSMC has launched its Supplier Human Rights Management Tracking Platform to enhance its supply chain's human rights practices. The platform enables D and E tier suppliers to address 24 identified human rights issues through guided improvements, workshops, and training, reinforcing the company's commitment to a responsible supply chain and decent work environment.
+80
Labor Relations and Human Rights Practices
April 3
TSMC’s initiative to launch a human rights management tracking platform signals a strong commitment to upholding labor rights and fostering ethical supply chain practices. By actively engaging suppliers through educational workshops, training sessions, and consistent performance evaluations, TSMC is enhancing workers' rights and setting a progressive example within its industry.
- MAR132025
TSMC unveiled a $100 billion investment in the US during a surprise White House ceremony presided over by President Trump. The move, widely described as a sort of 'protection fee', has raised concerns that the company is capitulating to authoritarian coercion, potentially compromising Taiwan’s strategic autonomy. Despite TSMC's claims that the investment was driven by customer demand, critics argue it indirectly supports coercive political tactics.
-70
Public and Political Behavior
April 3
By participating in a high-profile White House ceremony and accepting conditions that critics describe as a 'protection fee', TSMC is seen as aligning with authoritarian tactics. This public political behavior, under pressure from tariff threats and coercive rhetoric, reflects a troubling complicity with an administration known for its authoritarian leanings.
-30
Economic and Structural Influence
April 3
The enormous scale of the investment and its linkage to tariff threats reflect how economic decisions are being influenced by coercive political measures. This structural economic move reinforces systems that prioritize short-term political appeasement over long-term strategic autonomy, thereby indirectly supporting authoritarian economic tools.
- MAR062025
During a joint press conference on March 6, 2025, TSMC unveiled plans to invest $100 billion in new chip manufacturing and packaging facilities in the United States. Company leadership emphasized that the decision was driven by surging customer demand rather than political pressure from the Trump administration, a point reiterated by Taiwan President Lai Ching-te.
+60
Public and Political Behavior
April 3
TSMC clearly stated that its decision was based on market needs rather than external coercion from an authoritarian regime. By resisting political pressure, the company underscores its commitment to independent, customer-driven decision-making, which reinforces democratic values in corporate governance.
Taiwan says chipmaker’s move to invest $100 billion in the US wasn’t because of US pressure
+40
Economic and Structural Influence
April 3
The massive $100 billion investment is a significant economic move that will reshape the domestic semiconductor supply chain in the U.S., contributing to economic stability and structural resilience. This strategic expansion not only counters vulnerabilities but also mitigates authoritarian economic interference.
Taiwan says chipmaker’s move to invest $100 billion in the US wasn’t because of US pressure
- MAR062025
On March 6, 2025, TSMC announced an additional $100 billion investment in Arizona over the next four years, establishing new chip fabrication and advanced packaging plants. Analysts noted that the deal, criticized for lacking economic sense, appears designed to signal commitment to US priorities and counter tariff threats from the Trump administration.
-50
Executive Political Engagement
April 3
TSMC’s announcement is interpreted as a politically calculated move to signal loyalty to US interests amid tariff threats, which from an anti‐fascist perspective reflects corporate alignment with an authoritarian-influenced policy environment. The emphasis on political rationale over sound economic strategy raises concerns about corporate complicity in leveraging political pressures.
-30
Economic and Structural Influence
April 3
The massive investment, although economically questionable, is seen as a reaction to political pressures. It serves to reinforce economic alignment with US policy shifts under an authoritarian-tinged administration, thereby increasing corporate exposure to political manipulation.
- MAR052025
TSMC’s CEO and President Trump announced a $100bn deal to expand semiconductor operations in the US. The deal, unveiled on March 5, 2025, has drawn attention for its political overtones, with TSMC publicly thanking Trump for his support, raising concerns about executive political engagement and its potential implications for democratic safeguards.
-40
Executive Political Engagement
April 3
TSMC’s public expressions of gratitude toward President Trump, during the announcement of a massive $100bn US investment, reflect a clear alignment with an administration known for authoritarian tendencies. By engaging in executive political behavior that leverages such support, TSMC risks being complicit in policies and actions that may undermine democratic accountability and foster authoritarian practices.
Taiwan downplays national security concerns after Trump and TSMC’s $100bn semiconductor deal
- MAR032025
On March 3, 2025, TSMC announced a $100 billion investment in the United States to expand its semiconductor manufacturing with new fabs, advanced packaging facilities, and an R&D center, aiming to avoid tariffs and secure government support under the CHIPS Act while boosting domestic job creation.
+15
Public and Political Behavior
April 3
The investment is positioned in the politically charged environment marked by tariff threats and partisan rhetoric. By shifting substantial manufacturing capacity to the U.S., TSMC helps bolster domestic production and job creation, which can counter authoritarian trade coercion. Although the company is navigating close interactions with political figures like President Trump, this realignment supports democratic economic resilience.
Unpacking TSMC’s $100 Billion Investment in the United States
+30
Economic and Structural Influence
April 3
This landmark investment carries significant economic weight by promising tens of thousands of engineering and construction jobs and reinforcing the U.S. semiconductor supply chain. The financial commitment enhances domestic industry capabilities and mitigates vulnerabilities tied to foreign production, contributing to long‑term democratic economic stability.
Unpacking TSMC’s $100 Billion Investment in the United States
- FEB192025
The OpenSecrets profile for TSMC, detailing its federal lobbying activities during the 2022 cycle, underscores the company’s active engagement in political influence. This event reflects concerns over how corporate lobbying can tilt policy-making in favor of corporate interests and undermine democratic accountability.
-40
Political Contributions and Lobbying Efforts
April 8
TSMC's documented lobbying activity, as compiled by OpenSecrets, illustrates the company's efforts to influence federal policy. Given the potential for such corporate political activity to prioritize corporate interests over democratic accountability and marginalized communities, this action is evaluated as contributing negatively towards authoritarian influence in political processes.
Taiwan Semiconductor Manufacturing Lobbying Profile • OpenSecrets
- JAN012025
TSMC released its Human Rights Policy and Diversity, Equity, and Inclusion Statement on its website, outlining its commitment to respecting human rights and promoting a decent work environment across the company and its supply chain.
+80
Labor Relations and Human Rights Practices
April 8
The publication of a comprehensive Human Rights and DEI statement demonstrates TSMC's commitment to ethical labor practices and respect for human rights. This initiative supports anti-fascist values by promoting marginalized communities and advocating for fair labor conditions within its operations and supply chain.
- JAN012025
TSMC has published a comprehensive Human Rights Policy outlining its commitment to protecting labor rights, ensuring non-discrimination, maintaining safe and healthy working conditions, and promoting environmental and human rights standards throughout its operations and supply chain.
+80
Labor Relations and Human Rights Practices
April 8
The policy clearly outlines TSMC's commitment to upholding international human rights standards through proactive measures such as eliminating discrimination, ensuring fair labor practices, and safeguarding employee welfare. This comprehensive approach supports anti-authoritarian and progressive values by protecting marginalized groups and fostering worker rights, directly countering exploitative practices.
Human Rights Policy - Taiwan Semiconductor Manufacturing Company Limited
- JAN012025
An independent report by KnowTheChain highlights that TSMC exhibits strong supply chain forced labor management systems and has implemented rigorous risk assessment and purchasing practices aimed at addressing human trafficking and forced labor risks. This development underscores a commitment to ethical supply chain practices, benefiting worker rights and marginalized communities.
+80
Supply Chain Ethics
April 3
The article notes that TSMC has robust forced labor management systems as well as risk assessment and purchasing practices designed to mitigate human trafficking and forced labor risks in its supply chain. This proactive stance on supply chain ethics is a positive indicator of ethical business practices and commitment to protecting worker rights.
- DEC312024
A filing under the Lobbying Disclosure Act revealed that TSMC spent $540,000 on lobbying activities during Q4 2024, covering a range of legislative issues from export control measures to trade initiatives.
-40
Political Contributions and Lobbying Efforts
April 8
The disclosure of $540,000 in lobbying expenditures by TSMC indicates an active engagement in influencing policy through financial means. From an anti-fascist perspective, such corporate lobbying efforts can be seen as attempting to shape policies in favor of corporate interests at the potential expense of democratic accountability and equitable policymaking.
- DEC272024
TSMC's strategic investment in an Arizona semiconductor facility is highlighted as a move to strengthen US-Taiwan relations, enhance supply chain resilience, and counter divisive nationalist rhetoric. The decision, reported in a recent Taipei Times editorial, underscores TSMC’s commitment to democratic values and global technological collaboration.
+60
Executive Political Engagement
April 8
TSMC's investment in Arizona is interpreted as an act of executive political engagement. By making a strategic expansion that aligns with democratic values and supports partnerships with US tech firms, the company indirectly counters nationalist rhetoric and fosters a political environment that resists authoritarian populism.
+70
Supply Chain Ethics
April 8
By investing in domestic production capacity, TSMC reinforces a robust and ethical global supply chain. This move supports fair labor practices and stability in production networks, ultimately benefiting workers and opposing disruptive, authoritarian economic narratives.
+70
Economic Collaboration
April 8
TSMC's Arizona investment strengthens economic collaboration between Taiwan and the US, enhancing technological resilience and fostering cooperative international relations. This proactive economic engagement is viewed as a positive counterbalance to authoritarian and nationalist approaches.
- NOV142024
Current and former employees have filed a class action lawsuit alleging that TSMC discriminates against non-East Asians in its US operations, including verbal abuse, unequal advancement opportunities, and other discriminatory practices.
-80
Labor Relations and Human Rights Practices
April 8
The lawsuit alleges systemic discrimination against non-East Asian employees at TSMC’s US subsidiaries, involving unfair treatment, verbal abuse, and missed promotion opportunities. This undermines labor rights and fair treatment, warranting a negative score within the labor practices category under Business Practices and Ethical Responsibility.
- JAN182024
TSMC has reached a deal with the Arizona Building and Construction Trades Council regarding labor for its $40B advanced chip factory project in Phoenix. The agreement includes collaboration on workforce training, recruitment of skilled local workers, and enhanced transparency in safety assessments and audits, reflecting a positive shift in labor relations.
+70
Labor Relations and Human Rights Practices
April 8
The agreement signifies TSMC's positive commitment to improving labor practices by partnering with the Arizona Building and Construction Trades Council. This collaborative approach to workforce training and ensuring local inclusion, along with transparent safety measures, supports worker rights and counters authoritarian labor practices, resulting in a strong positive anti-fascist score.
TSMC reaches deal with Arizona union on $40B chip factory project
- DEC072023
Taiwan Semiconductor Manufacturing Company (TSMC) and the Arizona Building and Construction Trades Council have reached an agreement to resolve labor disputes at the company's Phoenix project. The accord includes provisions for workforce training programs, enhanced public safety transparency, and the formation of a joint oversight committee, addressing union concerns regarding foreign worker hiring and skill shortages.
+70
Labor Relations and Human Rights Practices
April 8
The agreement represents a significant improvement in labor relations by addressing worker grievances and ensuring stronger oversight through regular joint meetings. This step enhances worker rights and reflects an anti-authoritarian commitment to upholding fair labor practices, aligning with anti-fascist priorities.
Taiwan's TSMC, Arizona unions reach deal after months-long dispute
- SEP162023
NPP lawmakers highlighted TSMC as one of the nation’s top enterprises fined for contraventions of labor law, noting a NT$2 million fine imposed last year for breaches including illegal overtime practices.
-40
Labor Relations and Human Rights Practices
April 8
The report of TSMC receiving a NT$2 million fine for labor law violations reflects a disregard for workers' rights and proper labor standards. This incident, cited by NPP lawmakers, signals insufficient efforts to protect labor conditions, undermining ethical business practices.
- JUL262021
TSMC issued a statement on 26th July 2021 urging its supply chain partners to uphold and improve the rights of migrant workers during the pandemic. The guidelines mandate adherence to international human rights norms, prohibit punitive salary deductions for COVID-19 prevention guideline violations, and require proper living conditions. The company also announced plans to conduct inspections of labor conditions among its partners before the end of 2021.
+80
Labor Relations and Human Rights Practices
April 3
TSMC's proactive stance in mandating its supply chain partners to adhere to strict labor rights standards and improve working and living conditions for migrant workers represents a strong commitment to protecting vulnerable groups. The company's clear guidelines and inspection plans reflect ethical business practices and a dedication to upholding human rights during a challenging global pandemic.
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Hsinchu, Taiwan
4.35
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Hsinchu, Taiwan
13.29
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Corporate Financials
- Revenue
- 2025
- $97.50B
- Total Assets
- 2025
- $140.00B
- Operating Income
- 2025
- $35.00B
- Total Equity
- 2025
- $100.00B
Employees: 60,000
Industries
- 334412
- Bare Printed Circuit Board Manufacturing
- 334413
- Semiconductor and Related Device Manufacturing
- 334416
- Capacitor, Resistor, Coil, Transformer, and Other Inductor Manufacturing
- 334419
- Other Electronic Component Manufacturing