ENTITY · taiwan_mask
Taiwan Mask Corporation2338
Taiwan·photomasks·niche·$0.6B mkt cap
Taiwanese merchant photomask maker.
WATCH · 40–69
48/100 illustrative
Underwriting Thesis
WATCH — Taiwan Mask Corporation: concentrated foreign-origin supply compounded by criticality to DoD-exposed downstream programs in photomasks. A chokepoint underwriting concern at this tier.
Factor Breakdown
Foreign-Origin Concentration75
Sole-Source Dependence54
Sanctions Exposure0
Downstream Criticality60
Sanctions Exposure
Entity not present on tracked screening lists (CSL).
DoD Exposure
No matched DoD semiconductor awards (USASpending) for this entity.
Shortest paths → DoD-exposed firms
- GlobalFoundries · 1 hop · $1.05BTaiwan Mask Corporation → GlobalFoundries
- Marvell Technology · 2 hops · $184.3MTaiwan Mask Corporation → TSMC → Marvell Technology
- Valens Semiconductor · 2 hops · $28.3MTaiwan Mask Corporation → TSMC → Valens Semiconductor
- Scale AI · 3 hops · $105.6MTaiwan Mask Corporation → TSMC → NVIDIA → Scale AI
Possible substitutes · same commodity buckets
Chokepoint Relationships
Key Suppliers · upstream · 0
No mapped upstream suppliers.
Key Customers · downstream · 7
- TSMCTaiwanCHOKEPOINT
- Samsung ElectronicsSouth KoreaALLIED
- IntelUnited StatesDOMESTIC
- SK hynixSouth KoreaALLIED
- Micron TechnologyUnited StatesDOMESTIC
- SMICChinaHostileADVERSARY
- GlobalFoundriesUnited StatesDOMESTIC