Morris Chang

DEFINITION of 'Morris Chang'

The founder, chairman and CEO of Taiwan Semiconductor Manufacturing Company. Chang began his career with Texas Instruments, where he worked for 25 years, rising to the position of group vice president responsible for worldwide semiconductor business.


Chang became president and COO of General Instrument Corporation in 1984, then left to head Taiwan's Industrial Technology Research Institute and develop Taiwan's semiconductor industry. This experience led him to start his own company in 1987, the world's first and largest dedicated silicon foundry called Taiwan Semiconductor Manufacturing Company.

BREAKING DOWN 'Morris Chang'

Born in Shanghai in 1931, Chang came to the United States in 1949. He earned his bachelor's and master's degrees in mechanical engineering from the Massachusetts Institute of Technology, and his Ph.D. in electrical engineering from Stanford. His numerous awards include several honorary doctorates.



RELATED TERMS
  1. TWD (Taiwan Dollar)

    The currency abbreviation for the Taiwan dollar (TWD), the currency ...
  2. Taiwan OTC Exchange (TWO) .TWO ...

    The Taiwan OTC Exchange (TWO) is an alternative securities exchange ...
  3. Taiwan Stock Exchange (TAI) .TW

    The securities trading center in Taiwan. The Taiwan Stock Exchange ...
  4. Philadelphia Semiconductor Index ...

    A price-weighted index composed of 18 U.S. semiconductor companies ...
  5. Semiconductor Industry ETF

    A sector-following fund that invests in developers, manufacturers ...
  6. Thomas J. Engibous

    A former chairman, CEO and president at electronics company Texas ...
Related Articles
  1. Markets

    Is Smaller Better? In the Chip Sector, Yes: TSM

    One of the world's biggest semiconductor manufacturers, one you might never have heard of, creates products you use every day.
  2. Markets

    How China and Taiwan Each Operate Economies As The One True China

    Taiwan grapples with diplomatic isolation while issues regarding its status remain unresolved and so does the question of its unification with China, if ever.
  3. ETFs & Mutual Funds

    3 ETFs That Invest in Semiconductors (SOXX, SMH)

    Obtain information on three of the most widely traded ETFs that investors utilize to gain investment exposure to the important semiconductor industry.
  4. ETFs & Mutual Funds

    The Top 5 Semiconductor ETFs for 2016 (SMH, SOXX)

    Discover how you can get immediate exposure to semiconductor stocks through five of the best semiconductor ETFs available in 2016.
  5. ETFs & Mutual Funds

    SMH: Market Vectors Semiconductor ETF

    Discover how the Market Vectors Semiconductor ETF chooses its securities, and learn the types of investors for whom this fund is most appropriate.
  6. ETFs & Mutual Funds

    USD vs. SOXL: Comparing Leveraged Semiconductor ETFs

    Discover and compare two semiconductor exchange-traded funds. Learn about their purpose, strategy, characteristics and investor suitability.
  7. ETFs & Mutual Funds

    The Basics Of Trading Chip Stocks (INTC, TXN)

    Semiconductor companies offer an endless variety of trading and investment opportunities.
  8. Markets

    The World's Top 10 Semiconductor Companies (TSM,INTC)

    Discover how some of the most successful companies in the semiconductor industry are well-known brands while others are thriving in relative obscurity.
  9. Markets

    Trading Semiconductor Chip Stocks

    Historically, mid- and small-cap semiconductor companies have generated momentum because they usually show the most growth potential. Companies within this range are often those that have yet ...
  10. ETFs & Mutual Funds

    EWT: iShares MSCI Taiwan ETF

    Take a look at the largest Taiwan ETF: BlackRock's iShares MSCI Taiwan. Learn how investors can best apply EWT to their overall portfolio.
RELATED FAQS
  1. What are the most popular leveraged ETFs that track the electronics sector?

    Discover the most popular leveraged ETFs that track the electronics sector. Semiconductors are an integral member of the ... Read Answer >>
  2. What are "fabless" chip makers and why are they important in the semiconductor market?

    Learn about fabless chip makers and why some of the biggest names in the semiconductor industry have adopted the fabless ... Read Answer >>
  3. Is Taiwan a developed country?

    Understand why Taiwan meets nearly all of the accepted criteria for a developed country, despite not being considered one ... Read Answer >>
  4. What impact does Moore's Law have on the electronic sector?

    Understand the groundbreaking implications of Moore's Law on the economic health of several industries, including semiconductors ... Read Answer >>
  5. What are the best mutual funds for investing in the electronics sector?

    Learn which mutual funds are popular among investors interested in the electronics industry and how these mutual funds add ... Read Answer >>
  6. What consumer products drive most of the demand for chips produced by semiconductor ...

    Learn how the demand for consumer products, such as smartphones and cloud-based services, is increasing the market for semiconductor ... Read Answer >>
Hot Definitions
  1. Dove

    An economic policy advisor who promotes monetary policies that involve the maintenance of low interest rates, believing that ...
  2. Cyclical Stock

    An equity security whose price is affected by ups and downs in the overall economy. Cyclical stocks typically relate to companies ...
  3. Front Running

    The unethical practice of a broker trading an equity based on information from the analyst department before his or her clients ...
  4. After-Hours Trading - AHT

    Trading after regular trading hours on the major exchanges. The increasing popularity of electronic communication networks ...
  5. Omnibus Account

    An account between two futures merchants (brokers). It involves the transaction of individual accounts which are combined ...
  6. Weighted Average Life - WAL

    The average number of years for which each dollar of unpaid principal on a loan or mortgage remains outstanding. Once calculated, ...
Trading Center