TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | CIK:0001046179 | 3

  • Filed: 4/19/2018
  • Entity registrant name: TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD (CIK: 0001046179)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1046179/000119312518121866/0001193125-18-121866-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1046179/000119312518121866/tsm-20171231.xml
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  • ifrs-full:DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory

    The detail information of the subsidiaries at the end of reporting period was as follows:

     

               

    Establishment

    and Operating

    Location

      Percentage of Ownership    
    Name of Investor   Name of Investee   Main Businesses and Products     December 31,
    2016
      December 31,
    2017
      Note

    TSMC

     

    TSMC North America

     

    Selling and marketing of integrated circuits and other semiconductor devices

     

    San Jose, California, U.S.A.

      100%   100%  
     

    TSMC Japan Limited (TSMC Japan)

     

    Customer service and supporting activities

     

    Yokohama, Japan

      100%   100%   a)
     

    TSMC Partners, Ltd. (TSMC Partners)

     

    Investing in companies involved in the design, manufacture, and other related business in the semiconductor industry and other investment activities

     

    Tortola, British Virgin Islands

      100%   100%   a)
     

    TSMC Korea Limited (TSMC Korea)

     

    Customer service and supporting activities

     

    Seoul, Korea

      100%   100%   a)
     

    TSMC Europe B.V. (TSMC Europe)

     

    Customer service and supporting activities

     

    Amsterdam, the Netherlands

      100%   100%   a)
               

    Establishment

    and Operating

    Location

      Percentage of Ownership    
    Name of Investor   Name of Investee   Main Businesses and Products     December 31,
    2016
      December 31,
    2017
      Note

    TSMC

     

    TSMC Global, Ltd. (TSMC Global)

     

    Investment activities

     

    Tortola, British Virgin Islands

      100%   100%  
     

    TSMC China Company Limited (TSMC China)

     

    Manufacturing, selling, testing and computer-aided design of integrated circuits and other semiconductor devices

     

    Shanghai, China

      100%   100%  
     

    TSMC Nanjing Company Limited (TSMC Nanjing)

     

    Manufacturing, selling, testing and computer-aided design of integrated circuits and other semiconductor devices

     

    Nanjing, China

      100%   100%   b)
     

    VentureTech Alliance Fund III, L.P. (VTAF III)

     

    Investing in new start-up technology companies

     

    Cayman Islands

      98%   98%   a)
     

    VentureTech Alliance Fund II, L.P. (VTAF II)

     

    Investing in new start-up technology companies

     

    Cayman Islands

      98%   98%   a)
     

    TSMC Solar Europe GmbH

     

    Selling of solar related products and providing customer service

     

    Hamburg, Germany

      100%   100%   a), c)
     

    VisEra Technologies Company Ltd. (VisEra Tech)

     

    Engaged in manufacturing electronic spare parts and in researching, developing, designing, manufacturing, selling, packaging and testing of color filter

     

    Hsinchu, Taiwan

      87%   87%   d)

    TSMC Partners

     

    TSMC Design Technology Canada Inc. (TSMC Canada)

     

    Engineering support activities

     

    Ontario, Canada

      100%   100%   a)
     

    TSMC Technology, Inc. (TSMC Technology)

     

    Engineering support activities

     

    Delaware, U.S.A.

      100%   100%   a)
     

    TSMC Development, Inc. (TSMC Development)

     

    Investing in companies involved in the manufacturing related business in the semiconductor industry

     

    Delaware, U.S.A.

      100%   100%  
     

    InveStar Semiconductor Development Fund, Inc. (ISDF)

     

    Investing in new start-up technology companies

     

    Cayman Islands

      97%   97%   a), e)
     

    InveStar Semiconductor Development Fund, Inc. (II) LDC. (ISDF II)

     

    Investing in new start-up technology companies

     

    Cayman Islands

      97%   97%   a), e)

    TSMC Development

     

    WaferTech, LLC (WaferTech)

     

    Manufacturing, selling and testing of integrated circuits and other semiconductor devices

     

    Washington, U.S.A.

      100%   100%  

    VTAF III

     

    Mutual-Pak Technology Co., Ltd. (Mutual-Pak)

     

    Manufacturing of electronic parts, wholesaling and retailing of electronic materials, and researching, developing and testing of RFID

     

    New Taipei, Taiwan

      58%   39%   a), f)
     

    Growth Fund Limited (Growth Fund)

     

    Investing in new start-up technology companies

     

    Cayman Islands

      100%   100%   a)

    VTAF III, VTAF II and TSMC

     

    VentureTech Alliance Holdings, LLC (VTA Holdings)

     

    Investing in new start-up technology companies

     

    Delaware, U.S.A.

      100%     a), g)

      Note a: This is an immaterial subsidiary for which the consolidated financial statements are not audited by the Company’s independent accountants.

     

      Note b: Under the investment agreement entered into with the municipal government of Nanjing, China on March 28, 2016, the Company will make an investment in Nanjing in the amount of approximately US$3 billion to establish a subsidiary operating a 300mm wafer fab with the capacity of 20,000 12-inch wafers per month, and a design service center. TSMC Nanjing was established in May 2016.

     

      Note c: TSMC Solar Europe GmbH is under liquidation procedures.

     

      Note d: To simplify investment structure, VisEra Tech owned by VisEra Holding Company (VisEra Holding) was transferred to TSMC in the third quarter of 2016. In October 2016, VisEra Holding was incorporated into TSMC Partners, the subsidiary of TSMC.

     

      Note e: ISDF and ISDF II are under liquidation procedures.

     

      Note f: Starting December 2017, the Company no longer had the majority of voting power and control over Mutual-Pak. As a result, Mutual-Pak is no longer consolidated and is accounted for using the equity method.

     

      Note g: VTA Holdings completed the liquidation procedures in April 2017.