POWERCHIP SEMICONDUCTOR MANUFACTUR Business Summary

Powerchip Semiconductor Manufacturing Corp. (PSMC) operates as a leading pure-play specialty foundry, generating revenue through high-volume wafer fabrication services for global fabless semiconductor companies. Its business model is uniquely bifurcated into Logic and Memory segments, providing a diverse portfolio that includes power management ICs (PMIC), display driver ICs (DDI), CMOS image sensors, and specialty DRAM/Flash products. As of February 2026, PSMC has pivoted toward a "3D AI Foundry" strategy, leveraging its "Open Foundry" model to integrate logic and memory for edge AI applications. The company recently streamlined its domestic footprint by divesting its Miaoli Tongluo plant to Micron Technology for approximately $1.68 billion to focus on higher-margin AI supply chain integration and advanced packaging partnerships. In the global market, PSMC competes directly with United Microelectronics Corp (UMC), Vanguard International Semiconductor (VIS), and SMIC, positioning itself as a flexible, mid-tier alternative to industry leader TSMC by specializing in mature nodes and hybrid logic-memory solutions. The company is anchored by the strategic vision of its founder and Chairman, Dr. Frank Huang, a seminal figure in Taiwan’s semiconductor industry who successfully restructured the firm from its memory-centric roots into a diversified foundry powerhouse. The executive leadership team includes Vice Chairman Dr. Brian Shieh, an industry veteran with deep expertise in electrical engineering and technology advisory, and President Martin Chu, who oversees operational execution and the company's expansion into international markets, such as the landmark joint venture with Tata Electronics in India. PSMC’s board is characterized by strong institutional ties to the Powerchip Group and includes high-profile independent directors with backgrounds from global leaders like TSMC and Acer. This leadership core is currently focused on navigating geopolitical shifts by diversifying manufacturing assets and securing long-term partnerships with AI-centric memory giants to stabilize its position in the global semiconductor ecosystem.