Taiwan Semiconductor Manufacturing Company is headquartered in Hsinchu, Taiwan.
TSMC's headquarters and major manufacturing operations are located in Hsinchu Science Park. The company is the world's largest dedicated semiconductor foundry, meaning it manufactures chips designed by other companies rather than primarily selling chips under its own consumer brand. Its customers include major designers of processors and other advanced semiconductors.
TSMC was founded in 1987 by Morris Chang with support from the government of Taiwan and Philips. Its pure-play foundry model helped establish a division between chip design and chip manufacturing. That structure allowed companies such as Nvidia and Qualcomm to design products while relying on specialized manufacturers for production.
Hsinchu is not Taiwan's capital; Taipei is. Hsinchu is a major technology center, and its science park became central to Taiwan's semiconductor industry. TSMC also operates fabs in other parts of Taiwan and has expanded manufacturing and packaging activities internationally.