TSMC generated about US$1.07 million per employee in 2024, ahead of selected peers.
Revenue per employee is not a perfect productivity metric, but it exposes the economics of different technology business models. TSMC’s capital-heavy foundry model generates large revenue with a smaller workforce than electronics assemblers. Samsung and Intel combine chip and device/foundry operations, while Hon Hai is labour-intensive by design. The comparison is strongest when read as business-model intensity, not worker output alone.
Source 1: 2024 Annual Report
Publisher: Taiwan Semiconductor Manufacturing Company
Dataset/table: 2024 revenue, margins, customers, products, technologies, employees
Units: NT$; US$; percent; people
Date checked: 2026-05-14
Evidence: TSMC reports 2024 revenue, margins, customer/product breadth and employee scale.
Note: TSMC reports 2024 revenue, margins, customer/product breadth and employee scale.
Source 2: Samsung Electronics Announces Fourth Quarter and FY 2024 Results
Publisher: Samsung Electronics
Dataset/table: FY2024 revenue and operating profit
Units: KRW trillion
Date checked: 2026-05-14
Evidence: Samsung reports 2024 revenue of KRW 300.9tn and operating profit of KRW 32.7tn.
Note: Samsung reports 2024 revenue of KRW 300.9tn and operating profit of KRW 32.7tn.
Source 3: Facts & Figures / Sustainability Digital Library
Publisher: Samsung Electronics
Dataset/table: 2024 employees and sustainability facts
Units: people; KRW
Date checked: 2026-05-14
Evidence: Samsung reports 2024 employee count and corporate performance data.
Note: Samsung reports 2024 employee count and corporate performance data.
Source 4: Intel Reports Fourth-Quarter and Full-Year 2024 Financial Results
Publisher: Intel Corporation
Dataset/table: FY2024 revenue and 2025 capital-spending guide
Units: US$ billion
Date checked: 2026-05-14
Evidence: Intel reports full-year 2024 revenue and capital-spending guidance context.
Note: Intel reports full-year 2024 revenue and capital-spending guidance context.
Source 5: Hon Hai Technology Group Announces FY2024 Financial Results
Publisher: Hon Hai Technology Group
Dataset/table: FY2024 revenue and margins
Units: NT$ trillion; percent
Date checked: 2026-05-14
Evidence: Hon Hai reports 2024 revenue of NT$6.86tn and profitability metrics.
Note: Hon Hai reports 2024 revenue of NT$6.86tn and profitability metrics.
Source 6: Annual Report
Publisher: Hon Hai Technology Group
Dataset/table: Annual-report archive
Units: NT$; people
Date checked: 2026-05-14
Evidence: Hon Hai’s annual-report archive is the official source path for financial and workforce disclosures.
Note: Hon Hai’s annual-report archive is the official source path for financial and workforce disclosures.
Source 7: South Korean Won to U.S. Dollar Spot Exchange Rate
Publisher: Federal Reserve Bank of St. Louis
Dataset/table: Annual exchange rate, KRW per US$
Units: KRW per US$
Date checked: 2026-05-14
Evidence: FRED gives the 2024 annual average exchange rate of 1,363.4381 KRW per US$.
Note: FRED gives the 2024 annual average exchange rate of 1,363.4381 KRW per US$.
Source 8: 2024 New Taiwan Dollar Exchange Rates
Publisher: Central Bank of the Republic of China (Taiwan)
Dataset/table: NTD/USD daily exchange rates
Units: NT$ per US$
Date checked: 2026-05-14
Evidence: CBC provides official 2024 NTD/USD interbank spot closing-rate data.
Note: CBC provides official 2024 NTD/USD interbank spot closing-rate data.
Employee definitions differ by company and region. Intel and Hon Hai employee denominators require source-labelled review, so treat the ranking as a business-model benchmark rather than an audited labour-productivity ranking.
Revenue was taken from company 2024 reports or official results releases. TSMC reports U.S.-dollar revenue directly. Samsung revenue was converted from Korean won (KRW) using Federal Reserve Economic Data (FRED). Hon Hai revenue was converted from New Taiwan dollars using an approximate 2024 NTD/USD average; Intel reports in U.S. dollars. Revenue per employee equals revenue divided by reported or source-labelled employee count.
Revenue sources are company reports or official results. Currency conversions and employee-count definitions are not perfectly harmonised across peers, so the comparison is source-labelled.
TSMC Capital-Expenditure Intensity vs Intel, Samsung and UMC
Intel and UMC led this 2024 capital-expenditure/revenue view; TSMC stood at 33.0%.
TSMC Top Customer Share vs Customer and Product Breadth
One customer was 23% of revenue, but TSMC served 522 customers and made 11,878 products.
Taiwan AI Hardware Exports Versus Hon Hai Revenue, 2025
Information and communications technology exports rose 89.5%; Hon Hai AI servers topped NT$1T.