TAIPEI, March 4 (Reuters) – Taiwan Semiconductor Manufacturing Co Ltd (TSMC) (2330.TW), the world’s largest contract chipmaker, will recruit greater than 6,000 new workers in 2023, the corporate mentioned in a press release on Saturday.
The hiring drive comes regardless of a worldwide downturn within the chip trade.
In accordance with TSMC, the corporate will search younger engineers with associates, bachelor’s, masters’s or doctorate levels in electrical engineering or software-related fields, in cities all throughout Taiwan.
The typical total wage of a brand new engineer with a grasp’s diploma is T$2 million ($65,578.07), the corporate added.
A decline in demand for electronics and excessive stock ranges following a scarcity of some chips have led to a downturn for the semiconductor trade.
Since late 2022, quite a few chip corporations all over the world have reined in investments.
Intel Corp (INTC.O) lately introduced that it will reduce funds to mid-level workers and executives from 5% to 25%.
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TSMC’s dominance in making a few of the most superior chips for high-end clients akin to Apple Inc (AAPL.O) has shielded it from downturn.
The corporate barely diminished its annual capital expenditure for 2023 and predicts a first-quarter income drop, however has mentioned it expects demand to choose up by the second half of this yr.
($1 = 30.4980 Taiwan {dollars})
Reporting by Ben Blanchard in Taipei, writing by Josh Horwitz in Shanghai; Enhancing by Simon Cameron-Moore
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