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Investments Accounted for Using Equity Method
12 Months Ended
Dec. 31, 2021
Text Block [Abstract]  
Investments Accounted for Using Equity Method
14.
INVESTMENTS ACCOUNTED FOR USING EQUITY METHOD
Associates consisted of the following:
 
        
Place of
Incorporation and
Operation
  
Carrying Amount
    
% of Ownership and Voting Rights

Held by the Company
Name of Associate
  
Principal Activities
  
December 31,
2020
    
December 31,
2021
    
December 31,
2020
 
December 31,
2021
             
NT$
    
NT$
          
             
(In Millions)
    
(In Millions)
          
Vanguard International Semiconductor Corporation (VIS)
  
Manufacturing, sales, packaging, testing and computer-aided design of integrated circuits and other semiconductor devices and the manufacturing and design service of masks
  Hsinchu, Taiwan    $ 8,964.1      $ 10,469.2      28%   28%
Systems on Silicon Manufacturing Company Pte Ltd. (SSMC)
  
Manufacturing and sales of integrated circuits and other semiconductor devices
  Singapore      5,900.2        6,795.7      39%   39%
Xintec Inc. (Xintec)
  
Wafer level chip size packaging and wafer level post passivation interconnection service
  Taoyuan, Taiwan      2,522.3        3,012.3      41%   41%
Global Unichip Corporation (GUC)
  
Researching, developing, manufacturing, testing and marketing of integrated circuits
  Hsinchu, Taiwan      1,315.4        1,462.1      35%   35%
Mutual-Pak
Technology Co., Ltd.
(Mutual-Pak)
  
Manufacturing of electronic parts, wholesaling and retailing of electronic materials, and researching, developing and testing of RFID
 
New Taipei, Taiwan
     28.2        22.9      28%   28%
             
 
 
    
 
 
          
             
              $ 18,730.2      $ 21,762.2           
             
 
 
    
 
 
          
As of December 31, 2020 and 2021, no investments in associates are individually material to the Company. Please refer to the consolidated statements of profit or loss and other comprehensive income for recognition of share of both profit (loss) and other comprehensive income (loss) of associates that are not individually material.
The market prices of the associates’ ownership held by the Company in publicly traded stocks calculated by the closing price at the end of the reporting period are summarized as follows. The closing price represents the quoted price in active markets, the level 1 fair value measurement.
 
         
December 31,

2020
    
December 31,

2021
 
         
NT$
    
NT$
 
Name of Associate
       
(In Millions)
    
(In Millions)
 
VIS
        $ 53,849.9      $ 73,347.3  
         
 
 
    
 
 
 
GUC
        $ 15,827.2      $ 27,359.1  
         
 
 
    
 
 
 
Xintec
                          $      20,420.2      $      15,913.3