Mark Liu named Chairman of Taiwan Semiconductor Manufacturing Co (TSMC)

Alumnus Mark Liu (EE M.S. ’80/Ph.D. ’83) has been named Chairman of Taiwan Semiconductor Manufacturing Co (TSMC), the world’s biggest foundry chipmaker.  He is succeeding Morris Chang, who is retiring.  Chang, known as the “father of Taiwan’s chip industry,’ built TSMC (an Apple Inc. supplier) into a business worth $185 billion.   Liu had been President and Co-CEO of TSMC since 2013.  The company, which has thrived on booming demand for chips used in smartphones, now seeks to diversify its customer base and move into emerging industries such as artificial intelligence and autonomous driving.