Taiwan Chipmaker TSMC Becomes Asia Most Valuable Company with $560 Billion Market Value, Overtakes Tencent & Alibaba 20th August 2021 | Hong Kong Taiwan Semiconductor Manufacturing Company (TSMC), Taiwanese chipmaker & major supplier to Apple founded in 1987, has become Asia’s most valuable company with market capitalization of $560 billion, overtaking Tencent with $538 billion and Alibaba with $451 billion market capitalization (20/8/21). The recent China crackdown on China technology companies had caused Chinese technology share prices falling including Tencent to decline 45% (Jan 2021) and Alibaba to decline 42% (Feb 2021), while the world’s most valuable semiconductor company TSMC...