Taiwan Semiconductor Manufacturing Company (TSMC) is a semiconductor foundry established in 1987. As the founder of the Dedicated IC Foundry segment, TSMC has built its reputation by offering advanced and "More-than-Moore" wafer production processes and manufacturing efficiency. From its inception, TSMC has consistently offered the foundry segment's technologies and TSMC COMPATIBLE design services. TSMC operates three advanced 12-inch wafer fabs, four eight-inch wafer fabs, and one six-inch wafer fab in Taiwan. TSMC also manages two eight-inch fabs at wholly owned subsidiaries: WaferTech in the United States and TSMC China Company Limited. TSMC also obtains eight-inch wafer capacity from other companies in which the Company has an equity interest.