Morris Chang is a Taiwanese-American businessman who built his career in the United States and subsequently in Taiwan.
17 Facts About Morris Chang
2.
Morris Chang is the founder, as well as former chairman and CEO, of Taiwan Semiconductor Manufacturing Company.
3.
Morris Chang is known as the semiconductor industry founder of Taiwan.
4.
However, the elder Morris Chang was an official in charge of finance for the Yin county government and later a bank manager.
5.
Morris Chang spent most of his primary school years in British Hong Kong between the ages of six and eleven.
6.
In 1941, the Japanese occupation of Hong Kong began and Morris Chang's family went back to Shanghai and Ningbo to live for a few months, eventually making their way to the temporary capital, Chongqing.
7.
In 1949, Morris Chang moved to the United States to attend Harvard University.
8.
Morris Chang transferred to the Massachusetts Institute of Technology in sophomore year and received his bachelor's and master's degrees in mechanical engineering from MIT in 1952 and 1953, respectively.
9.
Morris Chang failed two consecutive doctoral qualification examinations and eventually left MIT without obtaining a PhD.
10.
Morris Chang left TI and later became president and chief operating officer of General Instrument Corporation.
11.
Morris Chang worked on a four-transistor project for TI where the manufacturing was done by IBM.
12.
Also at TI, Morris Chang pioneered the then controversial idea of pricing semiconductors "ahead of the cost curve", which meant sacrificing early profits to gain market share and achieve manufacturing yields that would result in greater profits over an extended timeline.
13.
Morris Chang founded TSMC in 1987, the beginning of the period where firms increasingly saw value in outsourcing their manufacturing capabilities to Asia.
14.
Morris Chang left ITRI in 1994 and became chairman of Vanguard International Semiconductor Corporation from 1994 to 2003 while continuing to serve as chairman of TSMC.
15.
In June 2009, Morris Chang returned to the position of TSMC's CEO .
16.
Morris Chang was awarded the Order of Propitious Clouds, First Class in September 2018.
17.
Morris Chang has served as Presidential Envoy of the Republic of China to APEC several times.