The Taiwan Fund, Inc.

Portfolio Holdings

As at June 30, 2020

Sector Market Value % of net assets
Information Technology 156,122,933.48 80.08
TAIWAN SEMICONDUCTOR MANUFAC 37,119,320.78 19.04
SILERGY CORP 9,500,923.59 4.87
MEDIATEK INC 8,948,601.06 4.59
TAIWAN SURFACE MOUNTING TECH 6,252,266.60 3.21
ACCTON TECHNOLOGY CORP 6,197,563.08 3.18
GLOBAL LIGHTING TECHNOLOGIES 6,181,158.81 3.17
ASMEDIA TECHNOLOGY INC 5,885,034.49 3.02
PARADE TECHNOLOGIES LTD 5,358,572.42 2.75
ZHEN DING TECHNOLOGY HOLDING 5,152,281.86 2.64
LARGAN PRECISION CO LTD 4,984,324.43 2.56
DELTA ELECTRONICS INC 4,666,576.28 2.39
EPISTAR CORP 4,604,922.98 2.36
ELITE MATERIAL CO LTD 4,200,427.05 2.15
UNITED MICROELECTRONICS CORP 3,930,203.87 2.02
UNIMICRON TECHNOLOGY CORP 3,606,649.83 1.85
TXC CORP 3,194,604.21 1.64
TONG HSING ELECTRONIC INDUST 3,082,249.15 1.58
CASETEK HOLDINGS LTD 3,077,632.23 1.58
FITTECH CO LTD 3,032,994.97 1.56
CHAUN CHOUNG TECHNOLOGY CORP 2,908,030.98 1.49
JENTECH PRECISION INDUSTRIAL 2,575,132.61 1.32
BRAVE C+H SUPPLY CO LTD 2,453,524.04 1.26
YAGEO CORPORATION 2,182,345.07 1.12
SINO AMERICAN SILICON PRODUC 2,042,451.15 1.05
REALTEK SEMICONDUCTOR CORP 1,925,469.00 0.99
WIN SEMICONDUCTORS CORP 1,743,056.14 0.89
ALCHIP TECHNOLOGIES LTD 1,491,297.94 0.77
SPEED TECH CORP 1,330,912.23 0.68
INNOLUX CORP 1,256,042.30 0.64
AU OPTRONICS CORP 1,234,059.89 0.63
SITRONIX TECHNOLOGY CORP 1,054,347.64 0.54
M31 TECHNOLOGY CORP 1,004,795.88 0.52
MICRO STAR INTERNATIONAL CO 921,808.54 0.47
LOTES CO LTD 897,998.61 0.46
EMEMORY TECHNOLOGY INC 742,005.46 0.38
SIMPLO TECHNOLOGY CO LTD 714,704.54 0.37
ADVANCED CERAMIC X CORP 668,643.77 0.34
Consumer Discretionary 13,853,249.50 7.10
POYA INTERNATIONAL CO LTD 4,300,225.39 2.21
GIANT MANUFACTURING 1,780,609.74 0.91
GLOBAL PMX CO LTD 1,664,288.50 0.85
FULGENT SUN INTERNATIONAL 1,558,406.34 0.80
MAKALOT INDUSTRIAL CO LTD 1,344,879.59 0.69
YULON MOTOR COMPANY 1,307,410.73 0.67
MERIDA INDUSTRY CO LTD 1,042,315.58 0.53
ACTRON TECHNOLOGY CORP 855,113.63 0.44
Health Care 4,324,458.98 2.22
PEGAVISION CORP 2,319,137.76 1.19
UNIVERSAL VISION BIOTECHNOLO 2,005,321.22 1.03
Industrials 2,868,443.80 1.47
SHIN ZU SHING CO LTD 2,868,443.80 1.47
Materials 2,509,549.39 1.29
TAIWAN CEMENT 2,509,549.39 1.29
Consumer Staples 2,162,827.48 1.11
UNI PRESIDENT ENTERPRISES CO 2,162,827.48 1.11
Financials 1,877,805.08 0.96
MEGA FINANCIAL HOLDING CO LT 1,877,805.08 0.96
Energy 1,415,784.03 0.73
FORMOSA PETROCHEMICAL CORP 1,415,784.03 0.73