Some graduates have jobs before graduation, while the nation's jobless rate still hovers at the record high of 5 percent.
Expressing similar concerns about a shortage of well-trained talent, Quanta Computer Inc (廣達電腦) president Michael Wang (王震華) urged the government to relax its labor policies and liberalize cross-strait transportation regulations.
"Taiwanese companies' edge lies in their flexible operation, but they are vulnerable to cost control," Wang said.
"If the government can relax its labor policy and the hiring of overseas engineers, local companies will be able to effectively control their cost structure," he added.
Quanta plans to operate a new research and development center in Hsinchu next year and needs to recruit about 7,000 engineers to provide its customers with multimedia and entertainment services.
In response to growing demand in the technology industry for high-quality and low-cost workers, Vice Minister of Economic Affairs Shih Yen-shiang(
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