Proceedings of the 2022 2nd International Conference on Enterprise Management and Economic Development (ICEMED 2022)

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SWOT Analysis of Taiwan Semiconductor Manufacturing Company’s Development and Its Impact on Economic Development and Enlightenment

Authors
Zejia Bi1, *, †, Sitong Chen2, †, Ninglu Yang3, †
1Xuri School of Business Administration, Donghua University, Shanghai, 200051, China,190720326@mail.dhu.edu.cn
2Economics and Management School, Wuhan University, Wuhan, 430072, China,2018301050218@whu.edu.cn
3School of Public Economics and Management, Shanghai University of Finance and Economics, Shanghai, 200433, China,1480613239@qq.com
†

These authors contributed equally

*Corresponding author. Email: 190720326@mail.dhu.edu.cn
Corresponding Author
Zejia Bi
Available Online 1 July 2022.
DOI
10.2991/aebmr.k.220603.192How to use a DOI?
Keywords
TSMC; chip industry; foundry; SWOT
Abstract

Chip is a key device in electronic products. With the fast development of information industry, chip application is becoming more and more widespread. Taiwan’s chip industry gradually gained a firm foothold in the world after decades of development. Taiwan Semiconductor Manufacturing Company (TSMC) is the largest foundry for chips all around the world and the originator of the Wafer Foundry model. TSMC dominates the global chip market amid a shortage of chips and fierce competition from new technology. This article has introduced the development course of TSMC and summarizes its development status using SWOT. According to the tax paid in the last three years, TSMC plays an important role in Taiwan finance. By analyzing the number of employees and its 2021 recruitment plan, we got the conclusion that TSMC has made a great contribution to solve Taiwan employment; and in addition, from the point of technology and industry chain, we analysed TSMC’s contribution to the global chip industry and global economic development. Although TEMC’s products are diversified, its advanced production technology has obviously contributed more to the development of the world chip industry. Finally, to learn from the development process of TSMC, we get the inspiration that the mainland chip industry needs the government support and strengthens the talent introduction.

Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article distributed under the CC BY-NC 4.0 license.

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Volume Title
Proceedings of the 2022 2nd International Conference on Enterprise Management and Economic Development (ICEMED 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
1 July 2022
ISBN
978-94-6239-585-5
ISSN
2352-5428
DOI
10.2991/aebmr.k.220603.192How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article distributed under the CC BY-NC 4.0 license.

Cite this article

risenwbib
TY  - CONF
AU  - Zejia Bi
AU  - Sitong Chen
AU  - Ninglu Yang
PY  - 2022
DA  - 2022/07/01
TI  - SWOT Analysis of Taiwan Semiconductor Manufacturing Company’s Development and Its Impact on Economic Development and Enlightenment
BT  - Proceedings of the 2022 2nd International Conference on Enterprise Management and Economic Development (ICEMED 2022)
PB  - Atlantis Press
SP  - 1188
EP  - 1194
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220603.192
DO  - 10.2991/aebmr.k.220603.192
ID  - Bi2022
ER  -