Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s largest contract chipmaker, paid NT$55 billion (US$1.84 billion) in corporate income tax last year, retaining its title as Taiwan’s biggest contributor, data compiled by the Ministry of Finance showed.
TSMC was the only company in Taiwan to pay more than NT$50 billion in corporation income tax last year, after the chipmaker posted a record profit of NT$596.54 billion, up more than 15 percent from 2020.
Chinese-language media reported that the chipmaker accounted for about 8.4 percent of the NT$652.4 billion in total corporate income tax revenue collected by the ministry last year, a 10 percent year-on-year increase.
Photo: Ann Wang, Reuters
After TSMC, Yang Ming Marine Transport Corp (陽明海運), one of Taiwan’s leading cargo shippers, took second place, paying about NT$27 billion in corporate income tax for profits made last year, the data showed.
Yang Ming benefitted from a freight rate surge driven by a shortage in cargo shipping services, robust demand and serious port congestion worldwide.
Fellow shipping line Wan Hai Lines Ltd (萬海航運) was the third-largest taxpayer, paying more than NT$15 billion in corporate income tax, the reports said.
Evergreen Marine Corp (長榮海運), Taiwan’s largest container cargo shipper, ranked fourth, paying more than NT$12 billion, the reports said.
The National Taxation Bureau’s branch responsible for New Taipei City, Taoyuan, and Hsinchu city and county collected the largest share of corporate tax among the taxation bureau’s five branches, with NT$256 billion last year, up more than NT$100 billion, or 64.16 percent, from a year earlier.
The bureau’s tax revenue was boosted by major tech companies with production bases in the Hsinchu Science Park (新竹科學園區), which is home to TSMC’s headquarters.
SEMICONDUCTORS: The German laser and plasma generator company will expand its local services as its specialized offerings support Taiwan’s semiconductor industries Trumpf SE + Co KG, a global leader in supplying laser technology and plasma generators used in chip production, is expanding its investments in Taiwan in an effort to deeply integrate into the global semiconductor supply chain in the pursuit of growth. The company, headquartered in Ditzingen, Germany, has invested significantly in a newly inaugurated regional technical center for plasma generators in Taoyuan, its latest expansion in Taiwan after being engaged in various industries for more than 25 years. The center, the first of its kind Trumpf built outside Germany, aims to serve customers from Taiwan, Japan, Southeast Asia and South Korea,
Gasoline and diesel prices at domestic fuel stations are to fall NT$0.2 per liter this week, down for a second consecutive week, CPC Corp, Taiwan (台灣中油) and Formosa Petrochemical Corp (台塑石化) announced yesterday. Effective today, gasoline prices at CPC and Formosa stations are to drop to NT$26.4, NT$27.9 and NT$29.9 per liter for 92, 95 and 98-octane unleaded gasoline respectively, the companies said in separate statements. The price of premium diesel is to fall to NT$24.8 per liter at CPC stations and NT$24.6 at Formosa pumps, they said. The price adjustments came even as international crude oil prices rose last week, as traders
SIZE MATTERS: TSMC started phasing out 8-inch wafer production last year, while Samsung is more aggressively retiring 8-inch capacity, TrendForce said Chipmakers are expected to raise prices of 8-inch wafers by up to 20 percent this year on concern over supply constraints as major contract chipmakers Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) and Samsung Electronics Co gradually retire less advanced wafer capacity, TrendForce Corp (集邦科技) said yesterday. It is the first significant across-the-board price hike since a global semiconductor correction in 2023, the Taipei-based market researcher said in a report. Global 8-inch wafer capacity slid 0.3 percent year-on-year last year, although 8-inch wafer prices still hovered at relatively stable levels throughout the year, TrendForce said. The downward trend is expected to continue this year,
POWERING UP: PSUs for AI servers made up about 50% of Delta’s total server PSU revenue during the first three quarters of last year, the company said Power supply and electronic components maker Delta Electronics Inc (台達電) reported record-high revenue of NT$161.61 billion (US$5.11 billion) for last quarter and said it remains positive about this quarter. Last quarter’s figure was up 7.6 percent from the previous quarter and 41.51 percent higher than a year earlier, and largely in line with Yuanta Securities Investment Consulting Co’s (元大投顧) forecast of NT$160 billion. Delta’s annual revenue last year rose 31.76 percent year-on-year to NT$554.89 billion, also a record high for the company. Its strong performance reflected continued demand for high-performance power solutions and advanced liquid-cooling products used in artificial intelligence (AI) data centers,
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