Dr. Rick Tsai was appointed President, New Businesses in June 2009 and is responsible for finding and cultivating new revenue sources for TSMC outside of the company's core semiconductor foundry business. He previously served as President and Chief Executive Officer from 2005 to 2009.

Since joining TSMC in 1989, Dr. Tsai has held many key executive positions including Chief Operating Officer, Executive Vice President of Worldwide Sales and Marketing, and Executive Vice President of Operations. Dr. Tsai was also appointed to serve as President of TSMC affiliate Vanguard International Semiconductor from 1999 to 2000.

Prior to joining TSMC, Dr. Tsai moved through the ranks during his 8 years at Hewlett-Packard in Ft. Collins, Colo., including R&D project manager, manufacturing engineering project manager, and as a member of the technical staff. His responsibilities at Hewlett-Packard included 1um CMOS VLSI process integration, yield improvement, process development and process reliability.

Dr. Tsai received his B.A. degree of science in physics from National Taiwan University in Taipei, Taiwan and holds a Ph.D. degree in material science and engineering from Cornell University in Ithaca, N.Y.