Founder Zhang Zhongmou has been handed over to the TSMC since the time being, the "double leaders" of TSMC have been operating independently for more than 500 days. Judging from the generous "red envelopes" of TSMC 's annual sports meeting on November 2, we know how good the TSMC is now operating and making more money after the founder lets go.
At the "Falics Session" held in mid-month, TSMC is expected to set a record high in the fourth quarter after its third quarter revenue hit a record high.
Zhang Zhongmou appeared at TSMC Sports Games: Go home!
Founder Zhang Zhongmou participated in the TSMC 4 sports meeting for the first time after retirement
"The vast sea is covered with ice, and the clouds are bleak and gloomy, and thousands of miles are condensed". The global economy is in a bleak scene, but TSMC is a "sunny day" in autumn. Chairman Liu Deyin said in his speech at the TSMC 4 annual sports meeting on November 2: "Next year will be a year of great growth."
When founder Zhang Zhongmou and his wife Zhang Shufen attended this event for the first time after retirement, he was very happy and said emotionally that he "goed home" twice.
Zhang Zhongmou also revealed that he missed the TSMC sports meeting last year, and Liu Deyin invited him to come, but since May last year, there have been several farewell parties from Hsinchu to Taipei, and he has been saying "Bye-bye, bye-bye". He is so tired all the way. However, he promised Liu De sound. If you succeed, I will come. I will come this year!
Zhang Zhongmou said: TSMC has your efforts and the leadership of Liu Deyin and Wei Zhejia. Last year was a very successful year. Of course there are many difficulties and some things that are not very satisfying, but overall, this year and a half, that is, one and a half years after his retirement, has been a very successful year and a half, so he wants to congratulate everyone!
TSMC founder Zhang Zhongmou and his wife Zhang Shufen
Zhang Zhongmou said meaningfully: In the past two years, the world situation has become quite a lot, and it is no longer a peaceful world. In the chaotic world of , TSMC has always been a very important company and is a very important part of the IT supply chain. In a peaceful era, there is no debate or danger, and we can quietly work as a part of the supply chain; however, it is not quiet now, TSMC has become a "must-fight place for geostrategists", which refers to strategic competition.
In a chaotic world, TSMC is still prosperous, reflecting from one side that Zhang Zhongmou has been quite successful in the past 500 days of handing over the baton. A month ago, at the legal person briefing, TSMC , President Wei Zhejia, Treasurer and spokesman Huang Renzhao attended. TSMC released its fourth-quarter financial forecast, and it is estimated that the revenue of TSMC in the last quarter of this year will reach US$1.02-1.03 billion. After hitting a record high in a single quarter in the third quarter, the record will also be rewrite in the fourth quarter.
At the TSMC sports meeting on November 2, Chairman Liu Deyin announced the increase in the bonus. This year, Dafang gave each employee a bonus of 12,000 yuan. As the number of employees increased this year compared with last year, the total bonus reached 468 million yuan, and the total amount of payment reached a new high. The annual TSMC sports meeting distributes red envelopes, which is the most exciting part of this event and one of the best windows to observe the operating status of TSMC .
TSMC Chairman Liu Deyin, Vice Chairman and President Wei Zhejia
At the time of press time, the total market value of TSMC stocks was 273.773 billion. Not long ago, IC Insights released its forecast for semiconductor suppliers in 2019, ranking first is Intel , second is Samsung , and third is TSMC . The joint report just released by IPRdaily and incoPat shows that the top 100 global semiconductor technology invention patents in 2019, which were listed in the list, Samsung ranked first in the number of invention patent applications, and TSMC ranked second in the number of inventions.
If these data cannot be thoroughly analyzed TSMC , give another example: TSMC Nanjing factory has turned into profits in less than a year after mass production. The financial report shows that TSMC Nanjing factory made a profit of about 200 million yuan in the third quarter, and it went from loss to profit.
As the founder of TSMC , Zhang Zhongmou is known as the godfather of Taiwan's semiconductors and the "chip king", but many people don't know much about it. Zhang Zhongmou is even later than Huawei's entrepreneurial age. Ren Zhengfei starts his business at the age of 43, and Zhang Zhongmou started his own business until he was 56 years old.
Why is TSMC so strong?
Zhang Zhongmou once mentioned the unique skills of TSMC , that is, TSMC ’s three major competitive advantages: leading technology, superior manufacturing, and customer trust. Zhang Zhongmou said: "As long as you lose one of your advantages, it is not the TSMC we want." In addition, at the TSMC sports meeting, he also mentioned the business philosophy headed by integrity and integrity; "As long as the competitive advantage is maintained, the value of integrity and leading integrity is preserved, in a chaotic world, we continue to prosper and continue to be a very useful member of the world society."
Wei Zhejia is in charge of the army for 500 days
TSMC Vice Chairman and President Liu Deyin
On June 5 last year, TSMC Chairman Zhang Zhongmou participated in the last shareholders' meeting of TSMC 's career in TSMC and officially handed over to retire. TSMC entered the "post-Zhang Zhongmou era".
Zhang Zhongming’s retreat is a major event in Taiwan’s enterprises and investment circles. For many founding bosses of technology companies, they will pay more attention to what inspiration will TSMC’s handover baton and inheritance system bring to arrange their intergenerational alternation in the future.
Zhang Zhongmou, born in 1931, is 88 years old this year. 2019 is also the 32nd anniversary of TSMC . Zhang Zhongmou retired last year and, except for retaining the honor of founder, did not hold any position in TSMC . Zhang Zhongmou retired, TSMC board of directors completed the re-election of directors and passed the newly revised charter.
Among them, the Chinese title of "executive president" that was used in the past was changed to "president", and the board of directors of TSMC elected Liu Deyin as chairman. As the company's highest decision-making representative, Wei Zhejia was the president and vice chairman, and must report to the chairman and the board of directors. In other words, TSMC entered the "dual leader mechanism" era from the Zhang Zhongmou era; the major giants in the technology industry of Taiwanese enterprises not only TSMC , but also ASUS and MediaTek both adopt similar dual-track governance models.
Time flies. In a blink of an eye, Liu Deyin and Wei Zhejia have controlled TSMC for a year and a half, and it has been more than 500 days. The outside world is observing that who is the essential helm of TSMC during these 500 days of succession?
TSMC sports meeting
html early October TSMC sports meeting after the press conference, a media reporter asked TSMC how the dual-head system operates? How did Liu Deyin and Wei Zhe family divide the labor?Vice Chairman and President Wei Zhejia replied: "I must be responsible for all the relationship between the outside world and the government, the chairman represents the company, and all the customers and do their business well." What departments in TSMC report to the chairman, and which departments want to report to the president? The other party's answer is that only the units responsible for internal control and the two foundations must report to Chairman Liu Deyin, and the rest must report to President Wei Zhejia.
After Zhang Zhongmou let go, more than 48,000 employees of TSMC were almost all obeying the command and dispatch of Wei Zhejia. Wei Zhejia is the most influential and powerful person in TSMC . Caixun Biweekly even quoted a chairman of a semiconductor company who had known Zhang Zhongmou for many years as saying: "CC is very flexible in adaptability, he is Zhang Zhongmou's real successor."
Wei Zhejia's English name is "CC Wei".
Liu Deyin and Wei Zhejia attended TSMC and said
Wei Zhejia always gave outsiders the first impression of him, was always smiling, was funny and good at communication, but in fact, Liu Deyin, with white hair, was a calm person. However, compared with the cheerful president Wei Zhejia, chairman Liu Deyin seems to have a different style. He is a restrained person.
In February 2017, during the annual leave, Zhang Zhongmou accidentally tripped at home and had a scratch near his eyes. Later, Zhang Zhongmou resumed work. It was revealed that Zhang Zhongmou appointed Wei Zhejia as the next chairman. However, a year later, it was not Wei Zhejia who held the chairman's seal, but Liu Deyin, and the "post-Zhang Zhongmou era" TSMC implemented a dual-headed co-governance model.
In the past, when talking about the future leaders of TSMC , Zhang Zhongmou believed that those who gave him a baton must have "a big skill and a deep knowledge." The so-called "large skills and deep knowledge" means that you must set a strategy, have a world outlook, and have a broad mind for using people. Zhang Zhongmou said that this talent selection criteria came from the school song of Tsinghua University for a century. The original lyrics were "The knowledge of the instrument is first, and literature is first", and I changed it to "The knowledge of the instrument is first, and engineering is first."
Liu Deyin and Wei Zhejia are both of the same age, both have technical backgrounds, and are both super generals that Zhang Zhongmou relied on for many years. Even if TSMC launches the "dual leader system", many people believe that Liu Deyin may be a key figure in the "sending a journey" in the succession of TSMC , and Wei Zhejia may become the next "Zhang Zhongmou" in TSMC .
"Caixun" and other media compared Apple . The system in which TSMC allows Liu Deyin and Wei Zhejia to serve as chairman and president respectively is actually a corporate governance method commonly adopted by the United States. In the United States, corporate governance is mostly centered on the CEO. Like Apple , the outside world pays more attention to what Cook is doing every day, but few people will understand Apple 's chairman is Arthur D. Levinson. In December 2011, the board of directors of Apple announced that former CEO of Genentech Arthur D. Levinson served as chairman, but for so many years, no one cared about what the chairman was talking about.
TSMC President Wei Zhejia
In fact, contrary to what Wei Zhejia said at the press conference after the sports meeting, a few years ago, most of the public affairs related to TSMC dealing with the government were Wei Zhejia, and most of the TSMC supplier management conferences were asked by Liu Deyin. Before
, TSMC gave a lecture. Wei Zhejia talked about the current situation of the company, while Liu Deyin mostly developed the future prospective plan of TSMC . From this perspective, Liu Deyin and Wei Zhejia are all-rounders, and they can turn around and do things with each other. No matter what, the positions of president and CEO are mainly responsible for business affairs. There is no doubt that Wei Zhejia is the most important driving force for the current TSMC performance explosion.
Many people have noticed that Wei Zhejia, who has always been smiling, has become low-key and introverted since he handed over the baton of the president on June 5 last year. In fact, it is not surprising that in the chaos of market environment, it takes a strong iron fist to make the prospects of TSMC bright, and the pressure and challenges are also particularly great. Others are in a sluggish economy, but TSMC is stomping on the accelerator and has no diamonds. How dare you take on porcelain work? In the past 500 days since the succession of
, China-US trade has been in conflict, especially under pressure to ship Huawei , and to compete with competitors such as Intel and Samsung. Wei Zhejia's position as president is not easy. More than 500 days have passed since founder Zhang Zhongmou let go. In the context of the global semiconductor industry recession this year, Wei Zhejia performed very well. TSMC still maintained a slight growth. The company's stock price and revenue grew both, and it has won the favor of foreign investors. This is enough to show that the new generation of TSMC helmsman has strong adaptability.
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