Taiwan Semiconductor Manufacturing Company (TSMC) has unveiled its 2024 executive compensation report, revealing a striking increase in executive remuneration. Chairman Mark Liu's total compensation surged to NT$946 million, marking a 70% year-on-year jump, while 23 other executives each earned over NT$100 million annually. This stands in contrast to former Chairman Morris Chang's 2023 director's remuneration, which saw a decline of 33%. Turning to business performance, TSMC's US subsidiary reported a loss of NT$14.3 billion, reaching a four-year high, with its Japanese and European operations also incurring losses. In stark contrast, the company's operations in mainland China reported a profit of NT$25.954 billion, accumulating over NT$80 billion in profits over the past four years.
