Lora Ho discusses her role as CFO of TSMC

One of Ho's biggest challenges is managing the company's $2 billion annual capex.

Lora Ho has a problem that many executives would love to have û too much cash. She is the chief financial officer of Taiwan Semiconductor Manufacturing Company TSMC, which is sitting on $6 billion net cash.

ôIt means we have abundant resources to fund our business but the question is how do you use it effectively,ö she says.

This is a question that is key to the profitability of the worldÆs largest dedicated semiconductor foundry, which makes semiconductor chips...

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