The Taiwan Fund, Inc.

Portfolio Holdings

As at December 31, 2020

Sector Market Value % of net assets
Information Technology 175,385,462.44 69.28
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD 60,812,869.24 24.02
INNOLUX CORP 10,701,206.49 4.23
AU OPTRONICS CORP 10,488,290.98 4.14
SILERGY CORP 7,976,724.32 3.15
MACRONIX INTERNATIONAL 7,737,988.47 3.06
ACCTON TECHNOLOGY CORP 6,747,811.23 2.67
UNIMICRON TECHNOLOGY CORP 5,931,802.98 2.34
YAGEO CORP 5,585,949.18 2.21
SPEED TECH CORP 5,035,482.95 1.99
MPI CORP 4,684,497.12 1.85
MERRY ELECTRONICS CO LTD 4,244,109.90 1.68
ITEQ CORP 4,228,699.55 1.67
VISUAL PHOTONICS EPITAXY CO LTD 4,197,309.42 1.66
SINO-AMERICAN SILICON PRODUCTS 3,727,133.60 1.47
NOVATEK MICROELECTRONICS CORP 3,493,273.54 1.38
FITTECH CO LTD 3,262,972.45 1.29
CHILISIN ELECTRONICS CORP 3,117,090.18 1.23
TONG HSING ELECTRONIC INDUSTRIES LTD 3,091,496.69 1.22
TAIFLEX SCIENTIFIC CO LTD 2,551,420.03 1.01
UNITED MICROELECTRONICS CORP 2,458,351.13 0.97
GOLD CIRCUIT ELECTRONICS LTD 2,291,533.21 0.91
FLEXIUM INTERCONNECT INC 2,032,600.19 0.80
GRAND PLASTIC TECHNOLOGY CORP 2,008,861.84 0.79
CO-TECH DEVELOPMENT CORP 1,830,539.54 0.72
GLOBAL UNICHIP CORP 1,749,412.77 0.69
SENSORTEK TECHNOLOGY CORP 1,573,065.70 0.62
GLOBALWAFERS CO LTD 1,310,271.19 0.52
NAN YA PRINTED CIRCUIT BOARD CORP 1,075,236.67 0.42
ALLIED CIRCUIT CO LTD 994,768.31 0.39
EMEMORY TECHNOLOGY INC 444,693.57 0.18
Industrials 17,472,275.61 6.90
HIWIN TECHNOLOGIES CORP 7,498,967.90 2.96
EVERGREEN MARINE CORP TAIWAN LTD 4,378,820.56 1.73
WAN HAI LINES LTD 4,313,257.17 1.70
AIRTAC INTERNATIONAL GROUP 1,281,229.98 0.51
Consumer Discretionary 14,864,889.82 5.88
FULGENT SUN INTERNATIONAL HOLDING CO LTD 3,706,535.13 1.46
POU CHEN CORP 3,540,294.68 1.40
GLOBAL PMX CO LTD 3,204,409.57 1.27
POYA INTERNATIONAL CO LTD 2,951,953.88 1.17
GIANT MANUFACTURING CO LTD 734,038.01 0.29
KENDA RUBBER INDUSTRIAL CO LTD 727,658.55 0.29
Materials 8,774,005.27 3.47
TA CHEN STAINLESS PIPE 6,550,074.74 2.59
CENTURY IRON & STEEL INDUSTRIAL CO LTD 2,223,930.53 0.88
Communication Services 1,703,235.11 0.67
CHIEF TELECOM INC 1,703,235.11 0.67