Taiwan dropped one notch to 13th in the latest rankings of expatriate pay packages in the Asia-Pacific, consultancy firm ECA International said.
Expatriate pay packages for Taiwan dropped 6 percent over the past 12 months, with an average total expatriate pay package for middle managers of about US$221,000 per year, the survey found.
The data showed that expatriate pay packages in Taiwan have continued to slip over the past four years, dropping to 13th from 10th in 2012.
In contrast, China placed second, behind Japan.
Following Japan and China in the rankings were India, Hong Kong, Australia, the Philippines, South Korea, Indonesia, Singapore, Thailand, Vietnam and New Zealand, with Sri Lanka 14th, Pakistan 15th and Malaysia 16th.
Expatriate packages are lower in Taiwan than in some of the region’s other economies largely because of lower prices for rent and international schooling, ECA International regional director for Asia Lee Quane said.
In Japan, expatriate pay packages averaged US$329,000 per year for middle managers, down from last year’s US$375,000 mainly because of the sharp depreciation of the yen against the US dollar, the survey said.
China averaged US$290,000 per year for middle managers, up 5 percent from last year, it said. China recorded the largest increase in the region this year.
Malaysia was down two notches from last year, averaging US$176,000 per year.
More than 320 companies took part in the survey covering 170 countries and more than 10,000 international assignees, ECA said.
China has claimed a breakthrough in developing homegrown chipmaking equipment, an important step in overcoming US sanctions designed to thwart Beijing’s semiconductor goals. State-linked organizations are advised to use a new laser-based immersion lithography machine with a resolution of 65 nanometers or better, the Chinese Ministry of Industry and Information Technology (MIIT) said in an announcement this month. Although the note does not specify the supplier, the spec marks a significant step up from the previous most advanced indigenous equipment — developed by Shanghai Micro Electronics Equipment Group Co (SMEE, 上海微電子) — which stood at about 90 nanometers. MIIT’s claimed advances last
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) has appointed Rose Castanares, executive vice president of TSMC Arizona, as president of the subsidiary, which is responsible for carrying out massive investments by the Taiwanese tech giant in the US state, the company said in a statement yesterday. Castanares will succeed Brian Harrison as president of the Arizona subsidiary on Oct. 1 after the incumbent president steps down from the position with a transfer to the Arizona CEO office to serve as an advisor to TSMC Arizona’s chairman, the statement said. According to TSMC, Harrison is scheduled to retire on Dec. 31. Castanares joined TSMC in
EUROPE ON HOLD: Among a flurry of announcements, Intel said it would postpone new factories in Germany and Poland, but remains committed to its US expansion Intel Corp chief executive officer Pat Gelsinger has landed Amazon.com Inc’s Amazon Web Services (AWS) as a customer for the company’s manufacturing business, potentially bringing work to new plants under construction in the US and boosting his efforts to turn around the embattled chipmaker. Intel and AWS are to coinvest in a custom semiconductor for artificial intelligence computing — what is known as a fabric chip — in a “multiyear, multibillion-dollar framework,” Intel said in a statement on Monday. The work would rely on Intel’s 18A process, an advanced chipmaking technology. Intel shares rose more than 8 percent in late trading after the
FACTORY SHIFT: While Taiwan produces most of the world’s AI servers, firms are under pressure to move manufacturing amid geopolitical tensions Lenovo Group Ltd (聯想) started building artificial intelligence (AI) servers in India’s south, the latest boon for the rapidly growing country’s push to become a high-tech powerhouse. The company yesterday said it has started making the large, powerful computers in Pondicherry, southeastern India, moving beyond products such as laptops and smartphones. The Chinese company would also build out its facilities in the Bangalore region, including a research lab with a focus on AI. Lenovo’s plans mark another win for Indian Prime Minister Narendra Modi, who tries to attract more technology investment into the country. While India’s tense relationship with China has suffered setbacks