Headquartered in Hsinchu, Taiwan, the Taiwan Semiconductor Manufacturing Company Limited (TSM) manufactures and sells integrated circuits and semiconductor products. Its products are applied to personal computers and peripheral products, information applications, wired and wireless communication systems, industrial equipment, digital TVs, and others. In comparison, Himax Technologies, Inc. (HIMX) is a fabless semiconductor solution provider based in Tainan, Taiwan. The company manufactures display driver integrated circuits and timing controllers used in televisions, laptops, monitors, mobile phones, and other devices. It operates in the Driver IC and Non-driver products segments.
The COVID-19 pandemic led to a substantial demand-supply imbalance in the semiconductor chip industry. So, chip companies are investing in new facilities to increase their productivity to address the global shortage. According to the Semiconductor Industry Association, the semiconductor industry has announced nearly $80 billion in new investments in the United States through 2025.
