Morris Chang

Morris Chang (Chinese: 張忠謀; pinyin: Zhāng Zhōngmóu; born 10 July 1931), is a Taiwanese-American businessman and the founder, as well as former chairman and CEO, of Taiwan Semiconductor Manufacturing Company (TSMC), the world's first and largest silicon foundry. He is known as the semiconductor industry founder of Taiwan.[2]

Morris Chang
張忠謀
Chang in 2017
Born (1931-07-10) 10 July 1931
Ningbo, Chekiang, Republic of China
Nationality
  • Republic of China
  • American
Alma materMassachusetts Institute of Technology (BS, 1952; MS, 1953)
Stanford University (PhD, 1964)
Known forFounder, chairman and CEO, Taiwan Semiconductor Manufacturing Company (TSMC)
Net worthUS$1 billion+ (July 2017)[1]
Spouse(s)Sophie Chang (張淑芬)
Children3
Parent(s)Hsu Chun-wei, Chang Wei-kuan
Chinese name
Traditional Chinese張忠謀
Simplified Chinese张忠谋

Biography

Chang was born in Ningbo, Chekiang. When he was young, he wanted to become a novelist or journalist.[3] However, his father, an official in the Yin county government, persuaded him otherwise. In 1948, as China was in the height of the Chinese Civil War, a year before People’s Republic of China established, Chang moved to Hong Kong.

The very next year he moved yet again to the United States to attend Harvard University. He transferred to the Massachusetts Institute of Technology in sophomore year[4] and received his bachelor's and master's degrees in mechanical engineering from MIT in 1952 and 1953, respectively. After leaving MIT without obtaining a PhD, he was hired by Sylvania Semiconductor, then just known as a small semiconductor division of Sylvania Electric Products, in 1955.[5] Three years later, he moved to Texas Instruments in 1958, which was then rapidly rising in its field. After three years at TI, he rose to manager of the engineering section of the company. It was then, in 1961, that TI decided to invest in him by giving him the opportunity to obtain his PhD degree, which he received in electrical engineering from Stanford University in 1964.[6]

During his 25-year career (1958–1983) at Texas Instruments, he rose up in the ranks to become the group vice president responsible for TI's worldwide semiconductor business. He left TI and later become president and chief operating officer of General Instrument Corporation (1984–1985).[7]

Chang worked on a four-transistor project for TI where the manufacturing was done by IBM. This was one of the early semiconductor foundry relationships. Also at TI, Morris pioneered the then controversial idea of pricing semiconductors ahead of the cost curve, or sacrificing early profits to gain market share and achieve manufacturing yields that would result in greater long-term profits.[8]

After he left General Instrument Corporation, Sun Yun-suan recruited him to become chairman and president of the Industrial Technology Research Institute in Taiwan.[9] As head of a government-sponsored non-profit, he was in charge of promoting industrial and technological development in Taiwan. Chang founded TSMC in 1987, the beginning of the period where firms increasingly saw value in outsourcing their manufacturing capabilities to Asia. Soon, TSMC became one of the world's most profitable chip makers. 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. In 2005, he handed TSMC's CEO position to Rick Tsai.[10]

In June 2009, Chang returned to the position of TSMC's CEO once again.[11] On June 5, 2018, Chang announced his retirement, succeeded by C.C. Wei as CEO and Mark Liu as chairman.[12][13] Chang was awarded the Order of Propitious Clouds, First Class in September 2018.[14]

In 2018, Chang was appointed as the Presidential Envoy of the Republic of China (Taiwan) to APEC.[15] This is his second time serving, the first time being in 2006.

Affiliations

Honorary doctorates

Awards and recognitions
Morris Chang was conferred the Order of Propitious Clouds with Special Grand Cordon by President Tsai Ing-wen, 2018

Authored books
  • 張忠謀自傳（上冊） 1931-1964 [Autobiography of Morris C.M. Chang Vol. 1 (1931-1964)] (in Chinese). Taiwan: 天下文化. 1998. ISBN 9576214491.

References
  1. "Asia's New Billionaire; China Sperm Count: Evening Briefing Asia". Bloomberg. 13 July 2017. Retrieved 22 July 2017.
  2. School of Engineering (4 May 2016). "Morris Chang — founding chairman of Taiwan Semiconductor". California: Stanford University.
  3. Tekla S. Perry, Morris Chang: Foundry Father, IEEE Spectrum, https://spectrum.ieee.org/at-work/tech-careers/morris-chang-foundry-father
  4. Stanford Engineering Hero Lecture: Morris Chang in conversation with President John L. Hennessy, retrieved 8 August 2019
  5. Perry, supra n. 1
  6. Zhang, Wenxian; Alon, IIan (2009). Biographical Dictionary of New Chinese Entrepreneurs and Business Leaders. Edward Elgar Publishing. doi:10.4337/9781848449510. ISBN 978-1-84844-951-0.
  7. "Oral History Interview: Morris Chang". SEMI. Retrieved 5 June 2018.
  8. University, © Stanford; Stanford; California 94305 (9 June 2016). "Stanford Engineering Hero Morris Chang honored for revolutionizing chip making". Stanford School of Engineering. Retrieved 19 May 2020.
  9. Tsai, Terence; Cheng, Borshiuan (2006). The Silicon Dragon: High-tech Industry in Taiwan. Edward Elgar Publishing. p. 92. ISBN 9781847203137.
  10. Wang, Lisa (13 November 2013). "TSMC says Morris Chang is retiring as CEO — again". www.taipeitimes.com. The Taipei Times. Retrieved 20 June 2018.
  11. "Back to the future for TSMC's new CEO". Taiwan Today. Ministry of Foreign Affairs, Republic of China (Taiwan). 12 June 2009. Retrieved 20 June 2018.
  12. Horwitz, Josh (5 June 2018). "After spawning a $100 billion industry, Taiwan's "godfather" of computer chips is retiring". Quartz. Retrieved 20 June 2018.
  13. Chang, Chien-chung; Huang, Frances (5 June 2018). "It's official: TSMC's Chang retires after board reshuffle".
  14. "TSMC founder receives Order of Propitious Clouds". Taipei Times. 14 September 2018. Retrieved 14 September 2018.
  15. "President Tsai designates TSMC founder Morris Chang as Leader's Representative at APEC Economic Leaders' Week". english.president.gov.tw. Retrieved 23 January 2020.
  16. "GSA's Prestigious Dr. Morris Chang Exemplary Leadership Award Honors Stanford University President, Dr. John Hennessy". www.businesswire.com. 19 October 2010. Retrieved 19 May 2020.
  17. "Morris Chang '52 Life Member Emeritus". MIT. Retrieved 5 February 2015.
  18. "Goldman Sachs | Press Releases - Morris Chang to Join Goldman Sachs' Board of Directors". Goldman Sachs. 14 November 2001. Retrieved 19 May 2020.
  19. "Taiwan Semi CEO Exits Goldman Board". Wall Street Journal. 27 December 2002. Retrieved 4 August 2020.
  20. "Presidential Office names advisors". Taipei Times. 21 May 2001. Retrieved 4 August 2020.
  21. "Members". Committee of 100. Retrieved 4 August 2020.
  22. "Kung fu novelist Jin Yong to receive honorary degree". Taipei City: Taipei Times. Central News Agency. 8 May 2007. Jin Yong will be one of three people to be awarded honorary doctorates in an event marking NCCU's 80th anniversary. The other two are Cloud Gate Dance Theater founder Lin Hwai-min (林懷民) and Taiwan Semiconductor Manufacturing Co chairman Morris Chang (張忠謀).
  23. "Asia University, Taiwan 歡迎光臨亞洲大學全球資訊網". www.asia.edu.tw. Retrieved 12 February 2018.
  24. "Dr. Morris Chang Exemplary Leadership Award Nomination Form".
  25. "IEEE Robert N. Noyce Medal Recipients" (PDF). IEEE. Retrieved 12 May 2011.
  26. "Nikkei Asia Prize, List of Winners". Archived from the original on 10 November 2014.
  27. "Computer History Museum Names Morris Chang, John Hennessy, David Patterson and Charles Thacker to List of Fellow Award Honorees; Celebrates Twentieth Anniversary of Fellow Award Program". Computer History Museum. Retrieved 23 May 2013.
  28. "TSMC's Chang receives SIA award | EE Times".
  29. "IEEE Medal of Honor Recipients" (PDF). IEEE. Retrieved 23 February 2011.
  30. "Morris Chang Calls on Government to Cherish Local Industries". Kuomintang. 27 November 2011. President Ma Ying-jeou awarded the Order of Brilliant Star with Grand Cordon to 12 figures who had made long-term contributions to the country and society, including Morris Chang (張忠謀)
  31. "Decorations of the Republic of China (Taiwan)". Office of the President of the Republic of China (Taiwan). Retrieved 4 April 2020. 2018-9-14 Republic of China Order of Propitious Clouds with Special Grand Cordon Taiwan Semiconductor Manufacturing Company (TSMC) Founder Morris Chang
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