Morris Chang Family
Overview
The Morris Chang family is centered around Dr. Morris Chang, the founder and former chairman of Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest dedicated independent semiconductor foundry. Born in Ningbo, China, and educated in the United States, Chang moved to Taiwan in 1985 to lead the Industrial Technology Research Institute (ITRI) and later founded TSMC in 1987, revolutionizing the global chip industry by separating design from manufacturing. Under his leadership, TSMC became a linchpin of the global electronics supply chain, serving clients like Apple, NVIDIA, and AMD. The family's wealth is primarily tied to Chang's TSMC shares, and his legacy is defined by his pioneering role in the semiconductor industry and Taiwan's economic transformation.
Description
The Morris Chang family is centered around Dr. Morris Chang, the founder and former chairman of Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest dedicated independent semiconductor foundry. Born in Ningbo, China, and educated in the United States, Chang moved to Taiwan in 1985 to lead the Industrial Technology Research Institute (ITRI) and later founded TSMC in 1987, revolutionizing the global chip industry by separating design from manufacturing. Under his leadership, TSMC became a linchpin of the global electronics supply chain, serving clients like Apple, NVIDIA, and AMD. The family's wealth is primarily tied to Chang's TSMC shares, and his legacy is defined by his pioneering role in the semiconductor industry and Taiwan's economic transformation.
Leadership
Governance
Morris Chang retired as TSMC chairman in 2018, handing leadership to Mark Liu and C.C. Wei. The family has no direct involvement in TSMC management, and succession within the family business is not applicable as the wealth is derived from public company shares rather than a family-run enterprise.
Succession
Morris Chang retired as TSMC chairman in 2018, handing leadership to Mark Liu and C.C. Wei. The family has no direct involvement in TSMC management, and succession within the family business is not applicable as the wealth is derived from public company shares rather than a family-run enterprise.
Public-Sector Context
Chang has maintained close ties with Taiwanese government officials and policymakers, particularly during TSMC's early years when the government was a key investor. He has also engaged with U.S. political leaders on semiconductor policy and supply chain security.