China News Service, April 21. According to Taiwan's "Central News Agency" report, Fang Shuhua, deputy general manager of TSMC's legal affairs and chief legal officer, said on the 20th that innovation is the most important value of TSMC. 100 million yuan (New Taiwan dollars, the same below), and it is expected that there will be more and more in the future.

  Fang Shuhua said that TSMC has been committed to scientific and technological innovation and R&D for more than 30 years, and has attached great importance to technological independence. In recent years, R&D expenditures have averaged 8% of revenue. In 2020, R&D expenditures exceeded 100 billion yuan for the first time, and last year reached 125 billion yuan.

In the future, as the business continues to grow, there will be more and more research and development expenditures.

  Fang Shuhua said that TSMC has implemented thousands of products with customers every year, including communications, smartphones, cloud data centers, artificial intelligence, and medical products.

  Fang Shuhua introduced that so far, TSMC has applied for more than 74,000 patents and obtained more than 51,000 patents, making it one of the largest areas in the semiconductor industry.