TSMC remains No. 1 on Taiwan innovative enterprise list
Taipei, Oct. 29 (CNA) Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電), the world’s largest contract chip maker, topped the innovative enterprise list in Taiwan for the second consecutive year, the Ministry of Economic Affairs (MOEA) said Thursday.
The MOEA said that TSMC grabbed the top spot in the 2015 rankings because the chip maker has employed an “Open Innovation Platform" concept in its operations, which has further strengthened its No.1 position in the world’s pure wafer production industry.
According to TSMC, the Open Innovation Platform aims to bring together the thinking of customers and partners under the common goal of reducing design time, minimizing time-to-volume, speeding time-to-market, and ultimately shortening time-to-money.
The MOEA said that another reason why TSMC remained the most innovative company in Taiwan was because the chip maker has made plenty of efforts to seize business opportunities in the booming Internet of Things market.
The annual innovative enterprise list has been jointly compiled by the MOEA and the U.S.-based management advisory firm Boston Consulting Group since 2011. The rankings looked at four factors: overall development in a company, the company’s innovation strategies, investments in innovation and innovation management.
PC brand Asustek Computer Inc. (華碩) came in second, up two notches from a year earlier, ahead of Hon Hai Precision Industry Co. (鴻海), the world’s largest contract electronics maker, which retained third place in the rankings, the MOEA said.
Smartphone camera lens supplier Largan Precision Co. (大立光) made an impressive improvement in the 2015 rankings, rising six notches to take the fourth place, followed by the 7-Eleven convenience store chain operator President Chain Store Corp. (統一超), which remained unchanged at the No. 5 position.
Integrated circuit designer MediaTek Inc. (聯發科) rose one notch to the sixth place on the 2015 list, and Taiwan FamilyMart Co. (全家便利商店), the FamilyMart convenience store chain operator, took seventh place, up from 15th.
Advantech Co. (研華), an industrial computer maker, came in eighth, rising from the 14th position seen a year earlier, while bicycle brand Giant Manufacturing Co. (巨大) and smartphone vendor HTC Corp. (宏達電) fell one notch and four notches in the rankings, respectively, to ninth and tenth this year.
After the top 10, Eclat Textile Co. (儒鴻) came in 11th, ahead of hyper market chain operator Pxmart Co. (全聯), machine tool maker HIWIN Technologies Corp. (上銀), Yulon Motor Co. (裕隆), restaurant chain owner Wowprime Corp. (王品) and power management system supplier Delta Electronics Inc. (台達電).
CTBC Financial Holding Co. (中信金) took the 17th position before telecom operator Chunghwa Telecom Co. (中華電), auto part supplier Hota Industrial Manufacturing Co. (和大), and E. Sun Financial Holding Co. (玉山金).
The MOEA said that it was the first time for Hota to enter the top 20 on the list.
(By Huang Chiao-wen and Frances Huang)