CC Wei, the president and CEO of TSMC, took the reins of the largest semiconductor manufacturer on the planet at a very delicate time. Mark Liu, his predecessor as president of this Taiwanese company, handed over the baton to him at the beginning of last June, at a time when this veteran electrical engineer had no choice but to deal with geopolitics and be the visible face of the company in the same way that Liu has been for the past few years.
TSMC has grown like wildfire during Wei’s tenure. This company was already doing well before this executive arrived as general manager in 2018, but during his management it has established itself as the largest integrated circuit manufacturer on the planet. Currently its market share is approximately 60%. Intel and Samsung rub shoulders at a long distance, both with a share of just under 20%, which gives TSMC a very positive inertia that its rivals will have a hard time counteracting.
The complicity of Elon Musk and CC Wei is undeniable
During the six years in which CC Wei has been exclusively in charge of the general management of TSMC, he has limited himself to planning the day-to-day operations of the company. To define your business strategy and draw the paths you should follow to continue growing and ahead of your competitors. Now his responsibility is much greater, which invites him to maintain very close contact with the leaders of the companies for which he manufactures integrated circuits. One of these executives is Elon Musk. Or, as CC Wei puts it, “the richest man in the world.”
Advanced robots and AI-enabled drones will be the main drivers of growth and innovation in the technology industry
During an important conference dedicated to technology that was held in Taipei (Taiwan), the head of TSMC assured that advanced robots and drones equipped with artificial intelligence (AI) will be the main drivers of growth and innovation of the technology industry in the near future. Curiously, Wei has assured that he has recently spoken about this matter with “the richest man in the world” in an obvious allusion to Elon Musk.
Tesla is a very important customer for TSMC, so it is understandable that Wei and Musk maintain fluid communication. Be that as it may, the Taiwanese engineer assures that the controversial American businessman of South African origin agrees with him about the importance that robots and drones with AI will have. “(Elon Musk) told me that multifunctional robots are the most important area for him. He is putting a lot of effort into them instead of concentrating on electric cars,” said CC Wei.
TSMC’s role in the advanced robots and AI drones industries will be unquestionably leading. These cutting-edge devices necessarily have to resort to very complex chips. “Develop robots that are not only precise, but also more flexible, like humans, requires sophisticated integrated circuits and integrated with the software,” Wei noted.
On the other hand, TSMC currently manufactures AI semiconductors for NVIDIA or AMD, among other companies, so it is evident that its role in the production of cutting-edge drones will also be very relevant. We can be sure of one thing: the future smiles at TSMC. Only geopolitics can cast dark clouds over this company.
Imagen | TSMC
More information | Nikkei Asia
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