With two science parks in the center and south positioned to be the nation's new technology centers, high-tech professionals are showing signs of being willing to move from big cities in the north to the southern countryside, a job-tracking firm said yesterday.
"The fast expansion of the Southern Taiwan Science Park (南部科學園區) in Tainan and the Central Taiwan Science Park (中部科學園區) in Taichung have triggered a wave immigration among high-tech workers," Kevin Zang (臧聲遠), chief editor of the Chinese-language Career Consulting, told a press conference yesterday.
Tainan, the capital of Taiwan in the Ming Dynasty, is about to regain its ancient glory with the red-hot optoelectronic industry.
Citing statistics from the Human Resource Commission of Association Allied Industries in Science-based Industrial Park (台灣科學工業園區), Zang said that the work force in the Southern Taiwan Science Park had increased from 8,475 three years ago to 27,377 as of June, and will grow to 34,000 by the year's end.
The huge labor demand is not surprising, given the rising output value of the southern park, which has increased from NT$110 million in 1998 when the park started operations, to NT$155.3 billion last year, Zang said. He said the park is expecting that figure to exceed NT$300 billion this year.
Major companies in the park include Chi Mei Optoelectronics Corp (奇美電子), the nation's second largest flat-panel maker, and smaller rival HannStar Display Corp (瀚宇彩晶). Both firms are seeking to expand their current factories in order to boost capacity.
"In Tainan, vacant land and farms are quickly being turned into office buildings or factories as more and more companies choose to set foot in the new Silicon Valley in south Taiwan," said Iris Chen (陳昭伶), director of HannStar's human resources development division.
Tainan's comparatively low living expense has attracted many people looking for jobs, Chen said.
HannStar's Tainan plant, for instance, increased its recruitment to 1,500 workers up from just 500 workers earlier this year, with one-tenth of that number transferred from its Hsinchu plant.
"We need another 1,200 people in the Tainan plant and we are confident that the vacancies will be filled by the end of the year amid the `go-south' trend," Chen said.
The region's new residents, with their comparatively greater purchasing power, are helping to bolster the area's service sector and real-estate market.
For example, Taichung used to have the nation's highest vacancy rates, with apartments near the Central Taiwan Science Park selling for NT$30,000 per ping. But now prices have rocketed to NT$190,000 per ping, Zang said.
Most of the so-called new immigrants, in fact, are people who were originally from the area but have worked in the Taipei region or the Hsinchu Science-based Industrial Park (新竹科學園區), which provide more job opportunities than other places in the country, Zang said.
"The inflow of talent is just like a U-turn, which will help to balance the developmental differences between town and country," Zang said.
The gap between town and country will be significantly narrowed following the inauguration of the north-south High-Speed Railway at the end of next year, said Christina Ongg (翁靜玉), chairman of Career Consulting.
Napoleon Osorio is proud of being the first taxi driver to have accepted payment in bitcoin in the first country in the world to make the cryptocurrency legal tender: El Salvador. He credits Salvadoran President Nayib Bukele’s decision to bank on bitcoin three years ago with changing his life. “Before I was unemployed... And now I have my own business,” said the 39-year-old businessman, who uses an app to charge for rides in bitcoin and now runs his own car rental company. Three years ago the leader of the Central American nation took a huge gamble when he put bitcoin
TECH RACE: The Chinese firm showed off its new Mate XT hours after the latest iPhone launch, but its price tag and limited supply could be drawbacks China’s Huawei Technologies Co (華為) yesterday unveiled the world’s first tri-foldable phone, as it seeks to expand its lead in the world’s biggest smartphone market and steal the spotlight from Apple Inc hours after it debuted a new iPhone. The Chinese tech giant showed off its new Mate XT, which users can fold three ways like an accordion screen door, during a launch ceremony in Shenzhen. The Mate XT comes in red and black and has a 10.2-inch display screen. At 3.6mm thick, it is the world’s slimmest foldable smartphone, Huawei said. The company’s Web site showed that it has garnered more than
Demand for artificial intelligence (AI) chips should spur growth for the semiconductor industry over the next few years, the CEO of a major supplier to Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) said, dismissing concerns that investors had misjudged the pace and extent of spending on AI. While the global chip market has grown about 8 percent annually over the past 20 years, AI semiconductors should grow at a much higher rate going forward, Scientech Corp (辛耘) chief executive officer Hsu Ming-chi (許明琪) told Bloomberg Television. “This booming of the AI industry has just begun,” Hsu said. “For the most prominent
PARTNERSHIPS: TSMC said it has been working with multiple memorychip makers for more than two years to provide a full spectrum of solutions to address AI demand Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday said it has been collaborating with multiple memorychip makers in high-bandwidth memory (HBM) used in artificial intelligence (AI) applications for more than two years, refuting South Korean media report's about an unprecedented partnership with Samsung Electronics Co. As Samsung is competing with TSMC for a bigger foundry business, any cooperation between the two technology heavyweights would catch the eyes of investors and experts in the semiconductor industry. “We have been working with memory partners, including Micron, Samsung Memory and SK Hynix, on HBM solutions for more than two years, aiming to advance 3D integrated circuit