Morris Chang, the retired founder of chipmaker TSMC, received the First Order of Propitious Clouds from President Tsai Ing-wen on Friday.
The award honor citizens or public sector workers who have made an outstanding contribution to Taiwan.
Chang founded TSMC, or Taiwan Semiconductor Manufacturing Company, in 1987. The company has since grown to the largest independent semiconductor foundry in the world. Chang retired in June after 31 years at the helm.
Tsai said at the presentation that Chang played a major role in creating Taiwan’s integrated circuit (IC) industry. She said he had created massive value and provided large numbers of jobs in Taiwan.
Tsai said the government will continue to give TSMC its full support.