TSMC President Changes and Company Updates

TapTechNews June 5th, TSMC held its general shareholders' meeting yesterday morning and announced that TSMC President Wei Zhejia succeeded Liu Deyin as the chairman.

According to Anue Juheng's report, Wei Zhejia said in an interview after the meeting that the market says TSMC's wafer price is the most expensive, but in terms of the bare die that customers get, TSMC's price is the cheapest, so TSMC still has room to adjust upward. When someone asked if the price would be raised soon, Wei Zhejia smiled and replied 'hopefully'.

When talking about competition, he said that TSMC has never been afraid of competition. TSMC leads its peers in technology, and all artificial intelligence related products are produced by TSMC. There is only one major semiconductor company in the world that is not a TSMC customer, and the others are all TSMC customers.

Wei Zhejia emphasized that what is different between TSMC and its competitors is that the technology process is updated every year. Even though it is all 3 nanometers, a more optimized process is launched every year for 3 nanometers, which is a strategy that TSMC loyally executes, and the customers are also very 'happy' because the customers' products are also progressing every year.

When talking about AI, he said that now AI is just beginning, and there will be more and more AI applications in life, just as Nvidia CEO Jensen Huang said, the future is very bright.

TapTechNews attached Wei Zhejia's resume: Wei Zhejia initially worked in the R&D department of Texas Instruments, served as a senior manager in logic and SRAM technology development of STMicroelectronics, and a senior vice president of Chartered Semiconductor in Singapore. He entered TSMC in 1998, and after TSMC founder Morris Chang retired in 2018, Wei Zhejia took over as vice chairman and president.

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