The Taiwan Fund, Inc.

Portfolio Holdings

As at September 30, 2019

Sector Market Value % of net assets
Information Technology 121,089,080.55 72.00
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD 33,771,503.17 20.08
EGIS TECHNOLOGY INC 6,952,892.07 4.13
ACCTON TECHNOLOGY CORP 6,334,574.29 3.77
GENIUS ELECTRONIC OPTICAL CO LTD 6,072,958.47 3.61
RICHWAVE TECHNOLOGY CORP 5,942,271.43 3.53
ASE TECHNOLOGY HOLDING CO LTD 5,648,116.81 3.36
GLOBAL LIGHTING TECHNOLOGIES 5,633,708.84 3.35
REALTEK SEMICONDUCTOR CORP 4,144,144.14 2.46
WIWYNN CORP 4,027,284.89 2.39
SILERGY CORP 3,817,176.75 2.27
ELAN MICROELECTRONICS CORP 3,591,032.89 2.14
UNIMICRON TECHNOLOGY CORP 3,479,393.70 2.07
CATCHER TECHNOLOGY CO LTD 3,408,596.43 2.03
MACRONIX INTERNATIONAL 3,197,263.45 1.90
LARGAN PRECISION CO LTD 3,155,570.60 1.88
KINGPAK TECHNOLOGY INC 2,849,262.03 1.69
NOVATEK MICROELECTRONICS CORP 2,834,276.14 1.69
RADIANT OPTO-ELECTRONICS CORP 2,669,873.81 1.59
AMAZING MICROELECTRONIC CORP 1,978,500.86 1.18
LOTES CO LTD 1,720,801.30 1.02
NAN YA PRINTED CIRCUIT BOARD CORP 1,671,743.30 0.99
CHROMA ATE INC 1,454,624.57 0.86
ASMEDIA TECHNOLOGY INC 1,406,952.57 0.84
CHILISIN ELECTRONICS CORP 1,331,637.90 0.79
KINSUS INTERCONNECT TECHNOLOGY CORP 1,291,121.53 0.77
M31 TECHNOLOGY CORP 1,075,085.82 0.64
CHUNGHWA PRECISION TEST TECH CO LTD 735,644.41 0.44
SPEED TECH CORP 533,771.70 0.32
PHOENIX SILICON INTERNATIONAL CORP 359,296.68 0.21
Consumer Discretionary 11,773,872.26 6.99
NIEN MADE ENTERPRISE CO LTD 3,314,026.01 1.97
GIANT MANUFACTURING CO LTD 2,210,349.88 1.31
GLOBAL PMX CO LTD 2,054,827.64 1.22
POYA INTERNATIONAL CO LTD 1,419,845.61 0.84
ECLAT TEXTILE CO LTD 1,340,875.76 0.80
HOTA INDUSTRIAL MANUFACTURING CO LTD 1,022,304.95 0.61
TAIWAN PAIHO LTD 411,642.41 0.24
Consumer Staples 4,306,732.29 2.57
UNI-PRESIDENT ENTERPRISES CORP 2,502,603.62 1.49
GREAT WALL ENTERPRISE CO LTD 1,038,604.65 0.62
CHAROEN POKPHAND ENTERPRISE 765,524.02 0.46
Real Estate 2,588,879.76 1.54
KINDOM DEVELOPMENT CO LTD 2,588,879.76 1.54
Industrials 2,166,706.96 1.29
SHIN ZU SHING CO LTD 2,166,706.96 1.29
Financials 2,029,879.61 1.21
CHINA LIFE INSURANCE CO LTD, TAIWAN 2,029,879.61 1.21
Materials 1,750,693.61 1.04
TAIWAN CEMENT CORP 1,750,693.61 1.04