TSMC, founded in 1987, is the world's first professional integrated circuit manufacturing service (wafer foundry) enterprise. Its headquarters and main factory are located in hsinchu city Science Park, Taiwan Province Province, China.
It is the largest and most advanced chip manufacturer in the world. Mobile phone manufacturers such as Apple, Huawei and Xiaomi all rely on TSMC's chip manufacturing. Before the establishment of TSMC, chips were packaged by the same company from design to finished products (this chip manufacturing model is called IDM, integrated equipment manufacturing). Chip companies need to have the technology, talents and manufacturing equipment of the whole industry chain. As a result, each company can't focus on a specific link in the chip industry chain, resulting in a lot of waste of resources.