Taiwan Semiconductor Manufacturing Company, Limited (Traditional Chinese: å°ç£ç©é«”é›»è·¯è£½é€ è‚¡ä»½æœ‰é™å…¬å¸, abbrev. TSMC) is the world's largest dedicated independent semiconductor foundry, with its headquarters and main operations located in the Hsinchu Science Park in Hsinchu, Taiwan. TSMC's market capitalization as of 24 January 2006 is US$49.23 billion.