Global chip manufacturer TSMC has been attending international conventions this year to increase exposure for newly developed package free phosphor-on-die (PoD) technology. Optimistic about the economic performance for TSMC Solar and TSMC Solid State Lighting, the company plans to list the two businesses on the stock market in the next few years, said Morris Chang chairman of TSMC.
During TSMC’s annual sports day opening ceremonies on November 9th, Chang announced that the company still has a “few cards up their sleeves”. TSMC Solar and TSMC Solid State Lighting under the management of chairman and CEO Rick Tsai have both shown great perfoamce and growth. It is hoped that these two subsidiaries can be listed on the bourse within the next few years.
TSMC Solar and TSMC Solid State Lighting developed new technology within a relatively short period of time and achieved outstanding results, said Chang. He trusts that the company will see growth next year and be able to meet its goal of listing the two subsidies onto the market within the next few years. The two companies will focus on technology development. Though small contributions to the company revenue is certain, TSMC will still be testing product technology levels and cost control for the two subsidiaries. Entering into the next few years, Chang remarked that he feels the company is almost ready to compete with global solar and LED heavy weights.
