Taiwan Semiconductor Manufacturing Company (TSMC) is the world’s leading supplier of custom chips for laptops, smartphones and countless other devices produced by Apple, Huawei, Sony and more. Video gaming, live-streaming and 5G hinge on the connectivity and processing speeds TSMC provides. This year, its services became more essential than ever after the Trump Administration restricted U.S. companies from selling technology to China’s biggest chipmaker, inadvertently increasing demand for TSMC. The firm reported net income of $5.01 billion in the last quarter of 2020, up 23% year on year.
Correction, April 28
The original version of this story misstated the company’s name. It is Taiwan Semiconductor Manufacturing Company, not Taiwan Semiconductor Manufacturing Corp.
- Inside Mississippi's Last Abortion Clinic—and the Biggest Fight for Abortion Rights in a Generation
- Do Current COVID-19 Tests Still Detect Omicron?
- The First U.S. Offshore Wind Farm Could Be a Lifeline for Struggling New England Cities
- Welcome to TV's Era of Peak Redundancy
- The Key Role a Local Newspaper Played in the Trial Over Ahmaud Arbery's Murder
- TIME's Top 100 Photos of 2021
- 2021: The Year the Grift Kept Giving
