NYSE, TSM - Taiwan Semiconductor ADR
We believe we are currently the world?s largest dedicated foundry in the
semiconductor industry. We were founded in 1987 as a joint venture among the
R.O.C. government, Philips and other private investors and were incorporated in
the R.O.C. on February 21, 1987. Our common shares have been listed on the
Taiwan Stock Exchange since September 5, 1994, and our ADSs have been listed on
the New York Stock Exchange since October 8, 1997.
Vanguard International Semiconductor Corporation (?VIS?). In 1994, we, the
R.O.C. Ministry of Economic Affairs and other investors established Vanguard,
then an integrated DRAM manufacturer. Vanguard commenced volume commercial
production in 1995 and listed its shares on the GreTai Securities Market in
March 1999. As of February 29, 2008, we owned 36.7% of Vanguard. Please see
??Item 7. Major Shareholders and Related Party Transactions? for a further
discussion.
WaferTech in the United States. ...
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