TSMC Annual Report > 2016 > Subsidiary Information and Other Special Notes > Subsidiaries

TSMC Subsidiaries Chart

TSMC Subsidiaries Chart

TSMC Subsidiaries Chart (image)

Note 1:

TSMC Nanjing Company Limited was established in May 2016.

Note 2:

To simplify investment structure, VisEra Technologies Company Ltd. owned by VisEra Holding Company was transferred to TSMC in August 2016. In October 2016, VisEra Holding Company was incorporated into TSMC Partners, Ltd., the subsidiary of TSMC.

Note 3:

InveStar Semiconductor Development Fund, Inc and InveStar Semiconductor Development Fund, Inc. (II) LDC. have started the liquidation procedures.

Business Scope of TSMC and Its Subsidiaries

TSMC and its subsidiaries strive to provide the best foundry services in the industry. Subsidiaries in North America, Europe, Japan, China and South Korea are dedicated to serving TSMC customers worldwide. WaferTech in the United States and TSMC China provide additional 8-inch wafer capacity. TSMC Nanjing will begin to provide additional 12-inch wafer capacity in 2018. Other subsidiaries support the Company’s core foundry business with related services such as design service and investment in start-up companies involved in design, manufacturing, and other related businesses in the semiconductor industry.

TSMC Subsidiaries

In thousands of NT(USD, EUR, JPY, KRW, RMB, CAD)$

As of 12/31/2016

Company

Date of Incorporation

Place of Registration

Capital Stock

Business Activities

TSMC North America

Jan. 18, 1988

San Jose, California, U.S.

US$

11,000

Selling and marketing of integrated circuits and semiconductor devices

TSMC Europe B.V.

Mar. 04, 1994

Amsterdam, The Netherlands

EUR

100

Marketing and engineering supporting activities

TSMC Japan Limited

Sep. 10, 1997

Yokohama, Japan

JPY

300,000

Marketing activities

TSMC Korea Limited

May 2, 2006

Seoul, Korea

KRW

400,000

Customer service and technical supporting activities

TSMC China Company Limited

Aug. 04, 2003

Shanghai, China

RMB

4,502,080

Manufacturing and selling of integrated circuits at the order of and pursuant to product design specifications provided by customers

TSMC Nanjing Company Limited (Note 1)

May 16, 2016

Nanjing, China

RMB

1,366,240

Manufacturing and selling of integrated circuits at the order of and pursuant to product design specifications provided by customers

TSMC Technology, Inc.

Feb. 20, 1996

Delaware, U.S.

US$

0.001

Engineering support activities

InveStar Semiconductor Development Fund, Inc.
(Note 2)

Sep. 10, 1996

Cayman Islands

US$

489

Investing in new start-up technology companies

InveStar Semiconductor Development Fund, Inc. (II) LDC. (Note 2)

Aug. 25, 2000

Cayman Islands

US$

5,349

Investing in new start-up technology companies

TSMC Development, Inc.

Feb. 16, 1996

Delaware, U.S.

US$

0.001

Investment activities

WaferTech, LLC

Jun. 03, 1996

Delaware, U.S.

US$

0

Manufacturing, selling, testing and computer-aided designing of integrated circuits and other semiconductor devices

TSMC Partners, Ltd.

Mar. 26, 1998

British Virgin Islands

US$

988,268

Investing in companies involved in the design, manufacture, and other related business in the semiconductor industry

TSMC Design Technology Canada Inc.

May 28, 2007

Ontario, Canada

CAD

2,434

Engineering support activities

TSMC Global Ltd.

Jul. 13, 2006

British Virgin Islands

US$

7,284,000

Investment activities

Mutual-Pak Technology Co., Ltd.

Mar. 22, 2006

New Taipei City, Taiwan

NT$

268,184

Manufacturing of electronic parts, wholesaling and retailing of electronic materials, and researching, developing and testing of RFID

VentureTech Alliance Fund II, L.P.

Feb. 27, 2004

Cayman Islands

US$

14,911

Investing in new start-up technology companies

VentureTech Alliance Fund III, L.P.

Mar. 25, 2006

Cayman Islands

US$

97,751

Investing in new start-up technology companies

Growth Fund Limited

May 30, 2007

Cayman Islands

US$

1,462

Investing in new start-up technology companies

VentureTech Alliance Holdings, LLC

Apr. 25, 2007

Delaware, U.S.

 

N/A

Investing in new start-up technology companies

TSMC Solar Europe GmbH
(Note 3)

Dec. 17, 2010

Hamburg, Germany

EUR

400

Selling of solar modules and related products and providing customer service

VisEra Technologies Company Ltd. (Note 4)

Dec.1, 2003

Hsinchu, Taiwan

NT$

2,911,531

Engaged  in manufacturing electronic spare parts and in researching, developing, designing, manufacturing, selling, packaging and testing of color filter

Note 1:

TSMC Nanjing Company Limited was established in May 2016.

Note 2:

InveStar Semiconductor Development Fund, Inc. and InveStar Semiconductor Development Fund, Inc. (II) LDC. have started the liquidation procedures.

Note 3:

The dissolution procedures of TSMC Solar Europe GmbH will be completed by the end of June 2017.

Note 4:

Pursuant to TSMC Board’s approval on August 2, 2016, TSMC acquired 86.94% shareholding in VisEra Technologies Company Ltd. from VisEra Holding Company, a wholly-owned subsidiary of TSMC, in August 2016. To streamline investment structure, VisEra Holding Company was merged into TSMC Partners, Ltd., the subsidiary of TSMC, in October 2016.

Shareholders in Common of TSMC and Its Subsidiaries with Deemed Control and Subordination: None.

Rosters of Directors, Supervisors, and Presidents of TSMC’s Subsidiaries

Unit: NT$(USD), except shareholding

As of 12/31/2016

Company

Title

Name

Shareholding

Shares (Investment Amount)

% (Investment
Holding %)

TSMC North America

Director
Director
President

Sylvia Fang
Rick Cassidy
Rick Cassidy

 -
-
-
TSMC holds 11,000,000 shares

 -
-
-
100%

TSMC Europe B.V.

Director
Director
President

Wendell Huang
Maria Marced
Maria Marced

 -
-
-
TSMC holds 200 shares

 -
-
-
100%

TSMC Japan Limited

Director
Director
Supervisor
President

Chih-Chun Tsai
Makoto Onodera
Lora Ho
Makoto Onodera

 -
-
-
-
TSMC holds 6,000 shares

 -
-
-
-
100%

TSMC Korea Limited

Director
Director
Director

Shing-Wha Lin
Chih-Chun Tsai
Wendell Huang

 -
-
-
TSMC holds 80,000 shares

 -
-
-
100%

TSMC China Company Limited

Chairman
Director
Director
Supervisor
President

F.C. Tseng
M.C. Tzeng
L.C. Tu
Lora Ho
L.C. Tu

 -
-
-
-
-
(TSMC’s investment US$596,000,000)

 -
-
-
-
-
(100%)

TSMC Nanjing Company Limited
(Note 1)

Chairman
Director
Director
Supervisor
Supervisor
President

C.C. Wei
J.K.Wang
Cliff Hou
Lora Ho
Sylvia Fang
Roger Luo

 -
-
-
-
-
(TSMC’s investment US$200,000,000)

 -
-
-
-
-
(100%)

TSMC Technology, Inc.

Chairman
Director
President

Lora Ho
Cliff Hou
Cliff Hou

 -
-
-
TSMC Partners, Ltd. holds 10 shares

 -
-
-
100%

InveStar Semiconductor Development Fund, Inc. (Note 2)

Director

Wendell Huang

 -
TSMC Partners, Ltd. holds 582,523 shares

 -
97.09%

InveStar Semiconductor Development Fund, Inc. (II) LDC (Note 2)

Director

Wendell Huang

 -
TSMC Partners, Ltd. holds 9,298,625 shares

 -
97.09%

TSMC Development, Inc.

Chairman
Director
President

Lora Ho
Sylvia Fang
Lora Ho

 -
-
-
TSMC  Partners, Ltd. holds 10 shares

 -
-
-
100%

WaferTech, LLC

Director
Director
President

M.C. Tzeng
Steve Tso
Tsung-Chia Kuo

 -
-
-
TSMC Development, Inc. holds 293,636,833 shares

 -
-
-
100%

TSMC Partners, Ltd.

Director
Director
President

Lora Ho
Sylvia Fang
Lora Ho

 -
-
-
TSMC holds 988,268,244 shares

 -
-
-
100%

TSMC Design Technology Canada Inc.

Director
Director
Director
President

Cliff Hou
Cormac Michael O’Connell
Sylvia Fang
Cliff Hou

 -
-
-
-
TSMC Partners, Ltd. holds 2,300,000 shares

 -
-
-
-
100%

TSMC Global Ltd.

Director
Director

Lora Ho
Sylvia Fang

 -
-
TSMC holds 7,284 shares

 -
-
100%

Mutual-Pak Technology Co., Ltd.

Chairman
Director
Director
Supervisor
President

Hsu-Tung Chen
Lewis Hwang
Representative of VentureTech Alliance Fund III, L.P.: Juine-Kai Tseng
Wei-Pong Lin
Lewis Hwang

1,107,010 shares
2,508,000 shares
15,643,347 shares
30,000 shares
2,508,000 shares

4.13%
9.35%
58.33%
0.11%
9.35%

VentureTech Alliance Fund II, L.P.

None

None

(TSMC’s investment US$ 14,613,019)

(98.00%)

VentureTech Alliance Fund III, L.P.

None

None

(TSMC’s investment US$100,334,790)

(98.00%)

Growth Fund Limited

None

None

(VentureTech Alliance Fund III, L.P.’s investment US$1,461,768)

 (100%)

VentureTech Alliance Holdings, LLC

None

None

None

 (100%)

TSMC Solar Europe GmbH (Note 3)

Director

C.H. Chen

-
-
TSMC holds 800 shares

-
-
100%

VisEra Technologies Company Ltd. (Note 4)

Chairman
Director
Director
Supervisor
President

Robert Kuan
J.K. Lin
George Liu
Wendell Huang
S.C. Hsin

54,600 shares
-
-
-
-
TSMC holds 253,120,000 shares

0.02%
-
-
-
-
86.94%

Note 1:

TSMC Nanjing Company Limited was established in May 2016.

Note 2:

InveStar Semiconductor Development Fund, Inc. and InveStar Semiconductor Development Fund, Inc. (II) LDC. have started the liquidation procedures.

Note 2:

The dissolution procedures of TSMC Solar Europe GmbH will be completed by the end of June 2017.

Note 4:

Pursuant to TSMC Board’s approval on August 2, 2016, TSMC acquired 86.94% shareholding in VisEra Technologies Company Ltd. from VisEra Holding Company, a wholly-owned subsidiary of TSMC, in August 2016. To streamline investment structure, VisEra Holding Company was merged into TSMC Partners, Ltd., the subsidiary of TSMC, in October 2016

Operational Highlights of TSMC Subsidiaries (Note)

Unit: NT$ thousands, except EPS ($)

As of 12/31/2016

 Operational Highlights of TSMC Subsidiaries

Note:

Foreign exchange rates for balance sheet amounts are as follows:
$1 USD = $32.199 NT, $1 EUR = $34.30 NT, $1 JPY = $0.2775 NT, $1 RMB = $4.63 NT, $1 KRW = $0.0268 NT, $1 CAD = $23.92 NT
Foreign exchange rates for income statement amounts are as follows:
$1 USD = $32.274 NT, $1 EUR = $35.92NT, $1 JPY = $0.2987 NT, $1 RMB = $4.86 NT, $1 KRW = $0.0280 NT, $1 CAD = $24.44 NT。