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At the age of 55, when many people thought of stability, Morris Chang founded TSMC - the largest and most important chip manufacturing company in the world. It is this business that is behind the processors in iPhones, AI servers, electric vehicles and billions of global technology devices. TSMC
The special thing is that TSMC does not design chips and does not sell its own branded products. The company only focuses on one thing – producing chips for other businesses. This “pure semiconductor foundry” model has changed the entire industry and helped TSMC become an almost irreplaceable link in the global digital economy. (Dealroom.co)
At one point, TSMC's market capitalization exceeded the $700 billion mark, and during the AI boom, the company continued to play a central role in the chip supply chain for Apple, NVIDIA, AMD, and Qualcomm.
Before creating TSMC, Morris Chang accumulated more than 30 years of experience at Texas Instruments and leading semiconductor corporations. He once admitted that he "couldn't have succeeded sooner", because it took enough time to understand how this industry operates, where the real bottlenecks are and where the biggest opportunities lie. (The Wall Street Journal)
STRATEGIC LESSONS FROM MORRIS CHANG
| Lesson | Meaning |
|---|---|
| Success does not depend on age | Experience can create outstanding advantages |
| Selectright bottleneck | Solving the core problems of the entire industry |
| Absolute concentration | Do one thing but the best in the world |
| No need to stand in front of the stage | The greatest value may lie behind the scenes |
| Long-term persistence | Great empire built over decades |
THE WORLD'S LEADING TECHNOLOGY AND AUTOMATION COMPANIES
- Siemens
- ABB
- Schneider Electric
- Rockwell Automation
- Mitsubishi Electric
- Omron
- Honeywell
- Emerson
- Yokogawa
IMPORTANT MESSAGE
There are successes that do not come from starting early. They come when you accumulate enough experience, understand the nature of the problem and focus all your energy to solve it better than anyone else.
Morris Chang did not become a legend because he started young. He became a legend because he saw the future of an entire industry and spent most of his life building its foundations.
“When the desire is great enough, the teacher appears.”
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