TSMCFounder Zhang Zhongmou attends the 16th Semiconductor Century Dialogue at Taipei time and talks with Chris Miller, author of Chip Wars. Zhang Zhongmo also mentioned the motivation behind TSMC’s listing in the United States after listing in Taiwan (ADR).
Zhang Zhongmou said, “I read this book as a nostalgic journey. The heroes of the book may be long lost, but after reading this book, I think about them again. In fact, my heroes Almost half of the perception is gone. I can say that they are still alive at the end. The people in the list of heroes, in short, this is a wonderful book, but there are some places in the book that need a little improvement This may put too much emphasis on the role played by the government in confronting TSMC, but in fact the government is playinginvestInvestors are still reluctant investors, and if it were not for Mr. Li Guoding at that time, they would not have contributed to the relevant investment. ,
Zhang Zhongmo said, “After TSMC was listed, the government sold more than 40% of its shares. It seems that TSMC has received other support from the government. For example, the core team members of Industrial Technology’s IC Research team come from. Research Institute. Since 1970, there are 120 engineers. Talents joined TSMC, and 40-50 of them were employed. At that time, the government’s support was not limited to subsidies. First my friend Mr. had the trust and support of Li Guoding. At that time, he was the only person in the government who supported me. The investment willingness to obtain 48% equity takes NT$5.5 billion, and the government just gives that much money. Second Investment is a combination of talents.inventoryThey were all sold out, and Philips was the second largest investor at the time, so I was told that in order to attract more trust from Taiwanese investors, I had to coax Philips to invest in TSMC. ,
Zhang Zhongmou recalled, “At that time, Philips invested 28%, the Taiwan government invested 40%, and the remaining 24-25% was to invite other investors to join in for about NT$500 million. . Soon, we listed in New York, which is the reason why we listed in New York initially. Later, Philips’ shares fell by 7%. I reminded him not to sell any more stock, it is the government’s current is holding.
Investing in Taiwan
