Dallas, Texas 11/20/2013 (Financialstrend) – In Tuesday’s trading session, Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) dropped by 0.73%. The shares opened at a price of $17.84, which touched the intraday high of $17.85 and headed to a close of $17.57. Approximately 8.45M shares were traded on Tuesday and an average volume of 10.16 million shares were traded over a 30 day period. The 52-week low of Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) shares is $15.70 and its 52-week high is $20.30. The company has a market capitalization of $91.11 billion.
About the company
Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) is a Taiwan-based company that is primarily involved in the research and development, manufacture & distribution of integrated-circuit- related products. Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) operates its businesses via mask production, wafer manufacture, wafer testing & packaging components. It also involves in provisioning of production-management, customer services & design-services. The company’s products & services are also applied in manufacture of personal-computers & peripheral products, information-related products, wire as well as wireless-communications systems.
These products are also used in industrial equipment and in automobiles and in consumer-electronic products, like digital disk players, digital-televisions, game consoles, digital-cameras amongst others. Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM)’s customers include AMD, Altera, Broadcom, NVIDIA, Marvell, Freescale, Qualcomm, Analog Devices, NXP & Texas Instruments, amongst others. In 2010 July 2010, Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) acquired mechanical & engineering -equipment from ASML HONG KONG.
In 2010 September It acquired a set of equipments from ASML HONG KONG LTD. In December 2010, the Company acquired another set of equipment from TOKYO ELECTRON, KLA-TENCOR CORP. & NOVELLUS SYSTEMS INTERNATIONAL. In 2011 January Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) announced the acquisition of a set of equipments from KLA-TENCOR CORP. a set of equipment & facility as well as another set of equipment from VARIAN SEMI. EQUIP. ASSOCIATES GmbH.