Sustainability
Sustainability
Innovation and R&D
TSC continues to invest in product R&D and technological innovation, gradually introducing more professional talents and technologies. As the scale continues to grow, TSC expanded R&D team in 2022, including new technical professionals in ESD, Wide Bandgap semiconductors, and other product lines. The workforce of the R&D team is Since 2020, the annual investment in innovative R&D has increased year by year, and its percentage of net revenue has also increased with revenue growth.
R&D Expenses and Percentage of Revenue (Unit: NT$ thousand)
| Item | 2020 | 2021 | 2022 |
| R&D Expenses | 42,296 | 56,976 | 81,604 |
| Net Revenue | 3,642,461 | 4,803,477 | 5,699,155 |
| Percentage of Net Revenue | 1.16% | 1.19% | 1.43% |
New Product Development Plan
Expected Benefits of Product Development
- Initiate multiple development projects to expand the Company’s product line and enhance market competitiveness.
- Increase company revenue and profit, and achieve performance goals.
- Increase the company’s mastery and application of new technologies to enhance its ability for technological innovation.
- Improve employees’ professional skills and cross-functional collaboration ability, and promote the upgrade and transformation of internal management within the company.
- Strengthen the Company’s brand influence and awareness, further expanding market share.
- Improve product quality and production efficiency, and reduce problems and defects in the product manufacturing process.
Establishment of Knowledge Management System
In pursuance of continue practicing product innovation, TSC not only improves the manufacturing process, but also considers the long-term development of technology and the accumulation of experience. Therefore, TSC began to establish a Knowledge Management System (KMS) starting in 2022 to systematically store technical data and documents, enhance the convenience of technical data transfer and reuse, and accelerate the development timeline of R&D projects. In the past, without establishing a project technology and research data knowledge base, once the project took a long time or the R&D personnel resigned, the experience of the R&D project would be challenging to pass on, hindering the accumulation of product technology and knowledge. Thus, starting in 2022, TSC has successively completed the KMS hardware equipment construction and plans to introduce R&D projects in 2023, transforming existing technical documents from paper to digital format, and establishing an SOP document library related to electrical measurement and instrument equipment.
KMS will provide functions such as document management, advanced search, and knowledge mapping. TSC will classify and manage technical documents based on the framework, and establish a knowledge map that includes relevant resources such as technical development documents, databases, and expert opinions. The main purpose of this system is to establish a database for project R&D technology, greatly improving team efficiency and increasing the reference value or re-usability of technical documents.
For more details, please refer to TSC 2022 ESG Report, Chapter 2.1.2 Innovation and R&D.
