The China Post
Date: July 10, 2016
By: CNA

TAIPEI — Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chip-maker, has been ranked 48th globally in terms of market capitalization, according to accounting firm PricewaterhouseCoopers (PwC) Taiwan.

In a 2016 report on market cap, PwC Taiwan said TSMC was the only Taiwanese company that made the top 100 rankings, which were based on market capitalization in U.S. dollars as of the end of March.

TSMC’s market cap has increased by US$9 billion from a year earlier to US$130 billion, but its ranking has remained the same in 2016, the report showed.

In the report, PwC said the top 100 firms in the world saw their combined market cap fall 4 percent from a year earlier to US$15.58 billion, the first annual decline since the 2008-2009 global financial crisis.     [FULL  STORY]