Tue, Nov 19, 2013 - Page 14 News List

Taiwan Business Quick Take

Staff writer, with CNA

EMPLOYMENT

Unpaid leave increased: CLA

The number of employees on unpaid leave in Taiwan has increased by 14 percent over the past two weeks, according to statistics released by the Council of Labor Affairs (CLA) yesterday. As of Friday, a total of 2,348 workers at 41 companies had agreed to take unpaid leave, with 2,328 already on furlough, data showed. The total number represents a 14 percent increase from Oct. 31, when 2,057 workers at 42 companies had agreed to take unpaid leave, and 2,037 had already started. The latest figure is the nation’s highest since Feb. 28, the CLA data showed.

SEMICONDUCTORS

Semiconductor value to fall

Production value of the nation’s semiconductor sector for the fourth quarter could fall about 5 percent from the third quarter as the industry enters a traditionally slow season, the Industry and Technology Intelligence Services (ITIS) — the technology division of the Ministry of Economic Affairs — said in a report. ITIS said the fourth-quarter output of the semiconductor sector is expected to total NT$482 billion (US$16.28 billion), down from the NT$507.5 billion of the third quarter. The third quarter’s output rose 5.7 percent from the second quarter on solid demand for mobile communications products, the report said. For the year, output of the local semiconductor industry is expected to hit NT$1.88 trillion, up 15.1 percent from a year earlier, according to ITIS.

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