The Taiwan Fund, Inc.

Portfolio Holdings

As at November 30, 2020

Sector Market Value % of net assets
Information Technology 176,038,556.52 75.47
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD 54,350,741.16 23.30
SILERGY CORP 9,580,212.26 4.11
MACRONIX INTERNATIONAL 9,228,383.48 3.96
UNIMICRON TECHNOLOGY CORP 8,740,036.84 3.75
ACCTON TECHNOLOGY CORP 7,404,157.53 3.17
ITEQ CORP 6,032,277.87 2.59
SPEED TECH CORP 5,642,136.65 2.42
MEDIATEK INC 5,508,008.07 2.36
NAN YA PRINTED CIRCUIT BOARD CORP 4,934,198.75 2.12
YAGEO CORP 4,838,312.43 2.07
MPI CORP 4,741,163.06 2.03
SENSORTEK TECHNOLOGY CORP 4,544,864.49 1.95
HON HAI PRECISION INDUSTRY CO LTD 4,458,247.52 1.91
ASIA VITAL COMPONENTS CO LTD 4,161,371.81 1.78
NANYA TECHNOLOGY CORP 4,102,306.82 1.76
MERRY ELECTRONICS CO LTD 4,041,084.12 1.73
CHILISIN ELECTRONICS CORP 3,621,577.05 1.55
TONG HSING ELECTRONIC INDUSTRIES LTD 3,417,814.47 1.47
FITTECH CO LTD 3,207,034.47 1.38
GRAND PLASTIC TECHNOLOGY CORP 3,141,180.60 1.35
GOLD CIRCUIT ELECTRONICS LTD 3,012,451.54 1.29
AURAS TECHNOLOGY CO LTD 2,673,133.94 1.15
TAIFLEX SCIENTIFIC CO LTD 2,547,457.24 1.09
NOVATEK MICROELECTRONICS CORP 2,507,183.58 1.07
TXC CORP 2,175,247.79 0.93
FLEXIUM INTERCONNECT INC 1,987,194.11 0.85
ASPEED TECHNOLOGY INC 1,830,365.76 0.78
AU OPTRONICS CORP 1,658,198.40 0.71
LOTES CO LTD 1,530,041.22 0.66
EMEMORY TECHNOLOGY INC 422,173.49 0.18
Consumer Discretionary 20,327,028.06 8.72
POYA INTERNATIONAL CO LTD 4,573,774.23 1.96
FULGENT SUN INTERNATIONAL HOLDING CO LTD 3,947,552.57 1.69
GLOBAL PMX CO LTD 3,815,893.34 1.64
POU CHEN CORP 3,473,379.53 1.49
MAKALOT INDUSTRIAL CO LTD 2,887,009.91 1.24
KENDA RUBBER INDUSTRIAL CO LTD 759,407.07 0.33
GIANT MANUFACTURING CO LTD 743,355.85 0.32
KMC KUEI MENG INTERNATIONAL 126,655.56 0.05
Materials 13,023,840.02 5.59
TA CHEN STAINLESS PIPE 3,742,394.53 1.60
FORMOSA CHEMICALS & FIBRE CORP 3,674,063.68 1.58
ASIA CEMENT CORP 3,263,166.39 1.40
CENTURY IRON & STEEL INDUSTRIAL CO LTD 2,344,215.42 1.01
Industrials 4,737,514.25 2.03
HIWIN TECHNOLOGIES CORP 4,737,514.25 2.03
Financials 3,164,885.54 1.35
CATHAY FINANCIAL HOLDING CO LTD 2,062,345.41 0.88
CTBC FINANCIAL HOLDING CO LTD 1,102,540.13 0.47
Communication Services 1,799,842.12 0.77
CHIEF TELECOM INC 1,799,842.12 0.77