Hsinchu, Taiwan, Jan. 3, 2002 --Taiwan Semiconductor Manufacturing Company (TSMC)(TAIEX: 2330, NYSE: TSM) today (3) announced that the company had just been named by the leading financial magazine in Asia, Asiamoney, as Taiwan’s Best Managed Company for the decade between 1991 and 2001. Also, in Asiamoney’s annual best-managed companies poll, TSMC was ranked NO. 1 on the list of Taiwan’s Best Managed Companies for 2001 by fund managers, chief investment officers and heads of research at fund management firms, insurance companies and brokerage houses in the Asia-Pacific region, Europe, and the USA. This is the sixth consecutive year that TSMC has been honored by the citation since TSMC went public in the Taiwan market in September of 1994.
Asiamoney, an influential financial magazine in Asia, began its first annual best-managed companies poll in Asia in 1991. Survey questionnaires are sent to fund managers, officers and heads of research at fund management firms, insurance companies and brokerage houses in the Asia-Pacific region, Europe, and the USA each year to pick the best managed companies in Asia. As this year happens to be the tenth anniversary of the poll, Asiamoney not only announced the results of this year’s pool, but also named TSMC Taiwan’s Best Managed Company for the decade between 1991 and 2001 based on the poll results of the past 10 years. The magazine released the detailed 2001 poll results in the 2001 Dec./2002 Jan. issue. The award ceremony will take place in Hong Kong in February 2002.
According to the magazine’s 2001 poll results, TSMC was ranked the top Overall Best Managed Company as well as the top Overall Best Investor Relations. Respondents also recognized TSMC as the company having the Best Corporate Strategy as well as the Best Corporate Governance. TSMC was also named the NO. 1 company in all of the following categories in the poll: Access to Senior Management, Best Investor Relations, Treatment of Minorities, Company Website and Annual Report.
TSMC’s president, Dr. Rick Tsai, said, "We are very pleased and honored to have been recognized by the global investor community as Taiwan’s Best Managed Company for six consecutive years. It is an especially great honor to be recognized as Taiwan’s Best Managed Company for the decade between 1991 and 2001 based on Asiamoney’s poll results in the past 10 years. These honors and recognition reassured TSMC’s success in business strategies and performance, and its efforts and payoff in achieving financial transparency and optimal investor relations. Looking ahead, TSMC will continue to provide its customers with the latest cutting-edge technologies and top quality services in order to increase its customers’ competitiveness while maintaining TSMC’s leading position in the foundry industry.”
TSMC is the world's largest dedicated semiconductor foundry, providing the industry's leading process technology and the foundry industry's largest portfolio of process-proven library, IP, design tools and reference flows. The company has one advanced 300mm wafer fab in production and one under construction, in addition to seven eight-inch fabs and two six-inch wafer fabs. TSMC also has substantial capacity commitments at two joint ventures fabs (Vanguard and SSMC) and at its wholly-owned subsidiary, WaferTech. In early 2001, TSMC became the first IC manufacturer to announce a 0.10-micron technology alignment program with its customers. TSMC's corporate headquarters are in Hsin-Chu, Taiwan. For more information about TSMC please go to http://www.tsmc.com.