The Taiwan Fund, Inc.

Portfolio Holdings

As at September 30, 2020

Sector Market Value % of net assets
Information Technology 173,111,615.51 81.57
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD 48,185,864.24 22.70
SILERGY CORP 8,418,444.86 3.97
UNIMICRON TECHNOLOGY CORP 7,118,375.80 3.35
ACCTON TECHNOLOGY CORP 6,783,630.27 3.20
SPEED TECH CORP 5,619,363.30 2.65
FLEXIUM INTERCONNECT INC 5,130,671.22 2.42
ITEQ CORP 4,850,010.36 2.29
SENSORTEK TECHNOLOGY CORP 4,660,589.74 2.20
ZHEN DING TECHNOLOGY HOLDING LTD 4,555,003.11 2.15
EPISTAR CORP 4,500,222.71 2.12
NOVATEK MICROELECTRONICS CORP 4,262,740.83 2.01
MERRY ELECTRONICS CO LTD 4,159,657.48 1.96
RADIANT OPTO-ELECTRONICS CORP 3,773,375.46 1.78
AURAS TECHNOLOGY CO LTD 3,754,333.26 1.77
ASIA VITAL COMPONENTS CO LTD 3,718,510.46 1.75
ELITE MATERIAL CO LTD 3,634,624.68 1.71
UNITED MICROELECTRONICS CORP 3,561,603.14 1.68
ASMEDIA TECHNOLOGY INC 3,416,200.54 1.61
KINSUS INTERCONNECT TECHNOLOGY CORP 3,356,208.13 1.58
GRAND PLASTIC TECHNOLOGY CORP 3,128,789.45 1.47
REALTEK SEMICONDUCTOR CORP 3,015,485.81 1.42
WIWYNN CORP 2,998,722.46 1.41
TONG HSING ELECTRONIC INDUSTRIES LTD 2,982,984.91 1.41
FITTECH CO LTD 2,786,513.36 1.31
TAIFLEX SCIENTIFIC CO LTD 2,221,428.08 1.05
VANGUARD INTERNATIONAL SEMICONDUCTOR CORP 2,209,881.91 1.04
PRIMAX ELECTRONICS LTD 2,187,538.84 1.03
LOTES CO LTD 2,132,932.81 1.01
JENTECH PRECISION INDUSTRIAL CO LTD 2,046,819.97 0.96
TPK HOLDING CO LTD 1,869,943.37 0.88
MEDIATEK INC 1,697,638.28 0.80
HANNSTAR BOARD CORP 1,440,121.54 0.68
WIN SEMICONDUCTORS CORP 1,365,133.62 0.64
ALCHIP TECHNOLOGIES LTD 1,346,592.09 0.63
NAN YA PRINTED CIRCUIT BOARD CORP 1,303,777.36 0.61
PARADE TECHNOLOGIES LTD 1,268,904.08 0.60
NANYA TECHNOLOGY CORP 1,268,645.12 0.60
PEGATRON CORP 1,154,312.55 0.54
ASUSTEK COMPUTER INC 1,120,364.62 0.53
EMEMORY TECHNOLOGY INC 105,655.69 0.05
Consumer Discretionary 17,293,306.90 8.14
POYA INTERNATIONAL CO LTD 4,162,488.78 1.96
FULGENT SUN INTERNATIONAL HOLDING CO LTD 2,820,494.25 1.33
MAKALOT INDUSTRIAL CO LTD 2,633,312.62 1.24
YULON MOTOR CO LTD 2,607,054.07 1.23
CUB ELECPARTS INC 2,296,509.22 1.08
GLOBAL PMX CO LTD 1,897,141.08 0.89
HOTA INDUSTRIAL MANUFACTURING CO LTD 876,306.88 0.41
Materials 6,126,320.38 2.89
ASIA CEMENT CORP 3,077,895.17 1.45
TAIWAN CEMENT CORP 2,354,412.37 1.11
LONGCHEN PAPER & PACKAGING CO LTD 694,012.84 0.33
Consumer Staples 3,687,348.94 1.74
TCI CO LTD 3,687,348.94 1.74
Communication Services 1,605,811.06 0.76
CHIEF TELECOM INC 1,605,811.06 0.76
Health Care 1,478,627.17 0.70
PEGAVISION CORP 1,478,627.17 0.70