The Taiwan Fund, Inc.

Portfolio Holdings

As at March 31, 2020

Sector Market Value % of net assets
Information Technology 112,160,462.93 74.30
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD 26,266,091.30 17.39
GLOBAL LIGHTING TECHNOLOGIES 5,952,234.51 3.94
SILERGY CORP 5,270,571.90 3.49
MEDIATEK INC 5,057,371.49 3.35
CATCHER TECHNOLOGY CO LTD 4,764,429.67 3.16
ASE TECHNOLOGY HOLDING CO LTD 4,578,866.79 3.03
ACCTON TECHNOLOGY CORP 3,697,501.78 2.45
LANDMARK OPTOELECTRONICS CORP 3,633,450.72 2.41
NAN YA PRINTED CIRCUIT BOARD CORP 3,537,357.60 2.34
UNIMICRON TECHNOLOGY CORP 3,458,029.53 2.29
KINSUS INTERCONNECT TECHNOLOGY CORP 3,457,607.92 2.29
ELITE ADVANCED LASER CORP 3,125,400.53 2.07
UNITED MICROELECTRONICS CORP 2,787,639.50 1.85
CHAUN-CHOUNG TECHNOLOGY CORP 2,579,749.68 1.71
ITEQ CORP 2,529,487.62 1.68
PHISON ELECTRONICS CORP 2,443,794.12 1.62
TAIWAN SURFACE MOUNTING TECHNOLOGY CORP 2,412,896.19 1.60
BRAVE C&H SUPPLY CO LTD 2,294,661.31 1.52
FLEXIUM INTERCONNECT INC 2,113,585.64 1.40
LARGAN PRECISION CO LTD 2,026,354.51 1.34
LOTES CO LTD 2,018,749.07 1.34
TONG HSING ELECTRONIC INDUSTRIES LTD 1,858,472.63 1.23
PARADE TECHNOLOGIES LTD 1,855,562.72 1.23
CHROMA ATE INC 1,720,847.18 1.14
SINO-AMERICAN SILICON PRODUCTS 1,642,015.11 1.09
SPEED TECH CORP 1,639,468.94 1.09
GOLD CIRCUIT ELECTRONICS LTD 1,494,700.99 0.99
HON HAI PRECISION INDUSTRY CO LTD 1,470,046.13 0.97
ZHEN DING TECHNOLOGY HOLDING LTD 1,356,182.73 0.90
KINGPAK TECHNOLOGY INC 1,285,114.49 0.85
ELAN MICROELECTRONICS CORP 1,273,418.98 0.84
EPISTAR CORP 1,040,821.39 0.69
ADVANCED CERAMIC X CORP 422,201.28 0.28
COMPEQ MANUFACTURING CO LTD 409,205.89 0.27
GENIUS ELECTRONIC OPTICAL CO LTD 273,134.60 0.18
JENTECH PRECISION INDUSTRIAL CO LTD 250,252.14 0.17
EMEMORY TECHNOLOGY INC 163,186.35 0.11
Industrials 4,743,299.77 3.14
HIWIN TECHNOLOGIES CORP 3,162,491.94 2.09
AIRTAC INTERNATIONAL GROUP 1,580,807.83 1.05
Consumer Discretionary 3,898,407.82 2.59
POYA INTERNATIONAL CO LTD 2,596,002.18 1.72
ACTRON TECHNOLOGY CORP 733,931.85 0.49
GLOBAL PMX CO LTD 568,473.79 0.38
Materials 2,714,293.27 1.80
FORMOSA PLASTICS CORP 2,714,293.27 1.80
Financials 2,489,251.53 1.65
MEGA FINANCIAL HOLDING CO LTD 2,489,251.53 1.65
Communication Services 2,452,755.32 1.62
CHUNGHWA TELECOM CO LTD 2,452,755.32 1.62
Real Estate 2,220,514.86 1.47
KINDOM DEVELOPMENT CO LTD 2,220,514.86 1.47
Consumer Staples 1,837,986.61 1.21
UNI-PRESIDENT ENTERPRISES CORP 1,167,021.21 0.77
GRAPE KING BIO LTD 670,965.40 0.44
Health Care 1,296,066.66 0.86
TAIDOC TECHNOLOGY CORP 1,296,066.66 0.86