The Taiwan Fund, Inc.

Portfolio Holdings

As at February 29, 2020

Sector Market Value % of net assets
Information Technology 130,050,428.17 76.34
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD 33,510,328.77 19.67
GLOBAL LIGHTING TECHNOLOGIES 7,820,472.60 4.59
MEDIATEK INC 5,552,271.34 3.26
UNIMICRON TECHNOLOGY CORP 5,401,674.40 3.17
SILERGY CORP 5,396,885.68 3.17
ASE TECHNOLOGY HOLDING CO LTD 5,086,213.44 2.99
PHISON ELECTRONICS CORP 4,614,887.96 2.71
ACCTON TECHNOLOGY CORP 4,206,360.74 2.47
SINO-AMERICAN SILICON PRODUCTS 3,946,234.25 2.32
CATCHER TECHNOLOGY CO LTD 3,819,613.93 2.24
LANDMARK OPTOELECTRONICS CORP 3,698,409.82 2.17
TAIWAN SURFACE MOUNTING TECHNOLOGY CORP 3,149,081.06 1.85
UNITED MICROELECTRONICS CORP 3,120,685.61 1.83
KINSUS INTERCONNECT TECHNOLOGY CORP 3,077,646.59 1.81
BRAVE C&H SUPPLY CO LTD 3,028,055.28 1.78
TONG HSING ELECTRONIC INDUSTRIES LTD 2,911,970.14 1.71
CHAUN-CHOUNG TECHNOLOGY CORP 2,526,428.77 1.48
FLEXIUM INTERCONNECT INC 2,451,460.56 1.44
LARGAN PRECISION CO LTD 2,340,857.68 1.37
SPEED TECH CORP 2,135,966.58 1.25
ELITE MATERIAL CO LTD 2,088,541.75 1.23
CHROMA ATE INC 1,960,270.15 1.15
KINGPAK TECHNOLOGY INC 1,901,086.21 1.12
HON HAI PRECISION INDUSTRY CO LTD 1,686,646.08 0.99
TXC CORP 1,592,139.90 0.93
ELITE ADVANCED LASER CORP 1,557,964.96 0.91
GENIUS ELECTRONIC OPTICAL CO LTD 1,501,015.54 0.88
ITEQ CORP 1,426,493.17 0.84
APEX INTERNATIONAL CO LTD 1,416,126.42 0.83
ELAN MICROELECTRONICS CORP 1,273,336.75 0.75
MACRONIX INTERNATIONAL 1,270,760.75 0.75
PARADE TECHNOLOGIES LTD 1,169,239.91 0.69
WIN SEMICONDUCTORS CORP 1,011,641.54 0.59
JENTECH PRECISION INDUSTRIAL CO LTD 807,576.08 0.47
GLOBALWAFERS CO LTD 689,724.07 0.40
ADVANCED CERAMIC X CORP 469,228.36 0.28
EGIS TECHNOLOGY INC 433,131.33 0.25
Consumer Discretionary 11,104,830.00 6.52
POYA INTERNATIONAL CO LTD 2,882,841.53 1.69
HOTA INDUSTRIAL MANUFACTURING CO LTD 2,723,525.82 1.60
GIANT MANUFACTURING CO LTD 1,934,047.79 1.14
TAIWAN PAIHO LTD 1,657,358.94 0.97
GLOBAL PMX CO LTD 968,840.30 0.57
ACTRON TECHNOLOGY CORP 938,215.62 0.55
Industrials 6,435,195.43 3.78
HIWIN TECHNOLOGIES CORP 4,749,599.56 2.79
AIRTAC INTERNATIONAL GROUP 1,685,595.87 0.99
Real Estate 2,531,785.53 1.49
KINDOM DEVELOPMENT CO LTD 2,531,785.53 1.49
Health Care 2,203,834.28 1.29
TAIDOC TECHNOLOGY CORP 1,622,582.94 0.95
GINKO INTERNATIONAL CO LTD 581,251.34 0.34
Consumer Staples 1,567,635.99 0.92
UNI-PRESIDENT ENTERPRISES CORP 1,300,590.63 0.76
CHAROEN POKPHAND ENTERPRISE 267,045.36 0.16
Financials 36,324.91 0.02
MEGA FINANCIAL HOLDING CO LTD 36,324.91 0.02