Taiwan Semiconductor Mfg. Co. Ltd. Talks Competitive Advantages
Taiwan Semiconductor Manufacturing Company (NYSE: TSM) is the world's largest contract chip manufacturer. It serves a broad range of customers building an even broader range of products, spanning from low-cost mobile applications processors all the way to state-of-the-art artificial intelligence chips.
Though TSMC is extremely successful, it has historically operated, and continues to do so, in a highly competitive environment. That competition also isn't concentrated in a single area or technology segment; it has competitors vying for business on older, mature technologies as well as for its business at the cutting edge of chip manufacturing.
The Apple A10 Fusion chip, manufactured by TSMC. Image source: Apple.
Source: Fool.com