Taiwan’s chipmaker TSMC to recruit 6,000 engineers in 2023
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TSMC's hiring drive comes despite a global downturn in the chip industry.
PHOTO: REUTERS
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TAIPEI - Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, will recruit more than 6,000 new staff in 2023, the company said in a statement on Saturday.
The hiring drive comes despite a global downturn in the chip industry.
According to TSMC, the company will seek young engineers with associates, bachelor’s, masters’s or doctorate degrees in electrical engineering or software-related fields, in cities all across Taiwan.
The average overall annual salary of a new engineer with a master’s degree is NT$2 million (S$88,000), the company added.
A decline in demand for electronics and high inventory levels following a shortage of some chips have led to a downturn for the semiconductor industry.
Since late 2022, a number of chip companies around the world have reined in investments.
Intel recently announced that it would cut payments to mid-level staff and executives
TSMC’s dominance in making some of the most advanced chips for high-end customers such as Apple has shielded it from downturn.
The company slightly reduced its annual capital expenditure for 2023 and predicts a first-quarter revenue drop, but has said it expects demand to pick up by the second half of this year. REUTERS
