The Taiwan Fund, Inc.

Portfolio Holdings

As at August 31, 2020

Sector Market Value % of net assets
Information Technology 154,730,057.15 71.73
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD 46,848,644.41 21.72
SILERGY CORP 9,089,344.44 4.21
EPISTAR CORP 7,563,478.35 3.51
ACCTON TECHNOLOGY CORP 7,041,971.27 3.26
UNIMICRON TECHNOLOGY CORP 6,120,477.82 2.84
FLEXIUM INTERCONNECT INC 5,251,878.74 2.43
SPEED TECH CORP 5,122,641.99 2.37
ZHEN DING TECHNOLOGY HOLDING LTD 4,389,039.42 2.03
SENSORTEK TECHNOLOGY CORP 4,319,138.42 2.00
ELITE MATERIAL CO LTD 4,177,359.71 1.94
MEDIATEK INC 3,884,600.31 1.80
RADIANT OPTO-ELECTRONICS CORP 3,640,304.69 1.69
KINSUS INTERCONNECT TECHNOLOGY CORP 3,207,232.08 1.49
ASIA VITAL COMPONENTS CO LTD 3,167,690.81 1.47
WIWYNN CORP 3,064,942.15 1.42
TONG HSING ELECTRONIC INDUSTRIES LTD 2,933,334.10 1.36
ITEQ CORP 2,895,710.85 1.34
FITTECH CO LTD 2,862,737.08 1.33
MPI CORP 2,614,965.15 1.21
UNITED MICROELECTRONICS CORP 2,610,486.85 1.21
TAIFLEX SCIENTIFIC CO LTD 2,309,043.50 1.07
PRIMAX ELECTRONICS LTD 2,257,737.33 1.05
NOVATEK MICROELECTRONICS CORP 2,159,398.80 1.00
JENTECH PRECISION INDUSTRIAL CO LTD 2,033,638.36 0.94
LOTES CO LTD 1,954,637.63 0.91
TPK HOLDING CO LTD 1,849,516.90 0.86
AURAS TECHNOLOGY CO LTD 1,846,122.39 0.86
WIN SEMICONDUCTORS CORP 1,345,125.50 0.62
HANNSTAR BOARD CORP 1,310,589.10 0.61
PARADE TECHNOLOGIES LTD 1,240,563.71 0.58
PEGATRON CORP 1,116,166.52 0.52
ASUSTEK COMPUTER INC 1,060,068.50 0.49
CHUNGHWA PRECISION TEST TECH CO LTD 1,055,706.08 0.49
WISTRON CORP 1,023,052.67 0.47
EMEMORY TECHNOLOGY INC 795,971.58 0.37
NAN YA PRINTED CIRCUIT BOARD CORP 566,739.94 0.26
Consumer Discretionary 17,729,700.25 8.22
POYA INTERNATIONAL CO LTD 4,272,106.06 1.98
FULGENT SUN INTERNATIONAL HOLDING CO LTD 3,151,986.09 1.46
MAKALOT INDUSTRIAL CO LTD 3,002,061.93 1.39
YULON MOTOR CO LTD 2,836,835.20 1.32
CUB ELECPARTS INC 2,380,502.02 1.10
GLOBAL PMX CO LTD 2,086,208.95 0.97
Materials 14,133,595.37 6.55
TAIWAN CEMENT CORP 9,680,612.39 4.49
ASIA CEMENT CORP 3,111,292.88 1.44
LONG CHEN PAPER + PACKAGING 713,664.95 0.33
TAIMIDE TECH INC 628,025.15 0.29
Consumer Staples 6,367,948.70 2.95
TCI CO LTD 4,336,468.82 2.01
UNI-PRESIDENT ENTERPRISES CORP 2,031,479.88 0.94
Industrials 2,963,658.47 1.38
REXON INDUSTRIAL CORP LTD 1,716,016.56 0.80
SHIN ZU SHING CO LTD 1,247,641.91 0.58
Health Care 2,184,704.26 1.01
PEGAVISION CORP 2,184,704.26 1.01
Communication Services 1,798,987.78 0.83
CHIEF TELECOM INC 1,798,987.78 0.83
Financials 1,787,408.62 0.83
MEGA FINANCIAL HOLDING CO LTD 1,787,408.62 0.83