TSMC says, “trade secrets comprise its most important intellectual property. They are what enables the company’s lead in cutting-edge semiconductor manufacturing, which makes it one of the most important and most valuable technology companies in the world.”
Taiwan Semiconductor Manufacturing Company, is a dedicated semiconductor foundry, established in 1987. TSMC’s #intangibles are amongst the highest value in the world.
TSMC has catalogued more than 140,000 trade secrets since 2013, and although #TSMC owns thousands of patents,” the company says #tradesecrets form its most important #intellectualproperty.
Importantly, and recognising no company is an island, #TSMC is working to implement best practices for trade secret management throughout their extensive supply chain.
At the centre of a global chip supply crunch, Taiwan’s biggest company has pledged to spend $100 billion over the next three years to expand its chip fabrication capacity, a staggering financial commitment to address booming demand for new technologies. It already planned a record capital expenditure of as much as $28 billion this year, but recent trends and developments have pushed for even more capacity.
In amongst political turmoil, (will this become a US - China political 'hot potato'?) I was interested that Taiwan's economy minister received an integrated circuit trade secret disclosure request from the White House. Rumour has it that Taiwan TSMC has been 'required' to submit what is normally considered to be confidential information on sales, inventory status and clients to the U.S. Department of Commerce. Apparently, Samsung and Intel reportedly ran into the same problem, and all have been convinced that any such disclosure will remain secret.
#TSMC #intangibles #tradesecrets #intellectualproperty
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Author: John Pryor Exalt IP