The Southern Taiwan Science Park (南部科學園區) held a job fair on Saturday with high-tech companies from both inside and outside the park offering 6,748 openings for job seekers.
About 57 firms, including Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) and United Microelectronics Corp (UMC, 聯電), the world’s top two contract chip makers, participated, the science park said.
UMC was looking for 1,500 new employees, while TSMC was aiming to hire 740 new staff.
Flat-panel maker Chimei Innolux Corp (奇美電子) and solar cell producer Motec Industries Inc (茂迪) turned out to hire 700 and 220 employees respectively.
In his keynote speech, National Science Council Minister Lee Lou-chuang (李羅權) said that since the domestic economy had rebounded from the global financial meltdown, firms were recruiting to meet production needs.
Lee said the country’s three science parks currently employ about 220,000 employees, accounting for a total of NT$2.16 trillion (US$75.1 billion) in production value a year. The southern park generates an annual output of NT$600 billion and employs 60,000 people.
The nation’s two other science parks are Hsinchu Science Park (新竹科學園區) and Central Taiwan Science Park (中部科學園區).
Chen Chun-wei (陳俊偉), head of the southern science park’s Administration Bureau, said the park expects to offer about 10,000 new jobs annually during the next two to three years.
The jobless rate for March fell to 4.48 percent from the 4.69 percent recorded in February. The local job market has been improving gradually after unemployment hit a record high of 6.13 percent in August 2009.
China’s economic planning agency yesterday outlined details of measures aimed at boosting the economy, but refrained from major spending initiatives. The piecemeal nature of the plans announced yesterday appeared to disappoint investors who were hoping for bolder moves, and the Shanghai Composite Index gave up a 10 percent initial gain as markets reopened after a weeklong holiday to end 4.59 percent higher, while Hong Kong’s Hang Seng Index dived 9.41 percent. Chinese National Development and Reform Commission Chairman Zheng Shanjie (鄭珊潔) said the government would frontload 100 billion yuan (US$14.2 billion) in spending from the government’s budget for next year in addition
Sales RecORD: Hon Hai’s consolidated sales rose by about 20 percent last quarter, while Largan, another Apple supplier, saw quarterly sales increase by 17 percent IPhone assembler Hon Hai Precision Industry Co (鴻海精密) on Saturday reported its highest-ever quarterly sales for the third quarter on the back of solid global demand for artificial intelligence (AI) servers. Hon Hai, also known as Foxconn Technology Group (富士康科技集團) globally, said it posted NT$1.85 trillion (US$57.93 billion) in consolidated sales in the July-to-September quarter, up 19.46 percent from the previous quarter and up 20.15 percent from a year earlier. The figure beat the previous third-quarter high of NT$1.74 trillion recorded in 2022, company data showed. Due to rising demand for AI, Hon Hai said its cloud and networking division enjoyed strong sales
TECH JUGGERNAUT: TSMC shares have more than doubled since ChatGPT’s launch in late 2022, as demand for cutting-edge artificial intelligence chips remains high Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday posted a better-than-expected 39 percent rise in quarterly revenue, assuaging concerns that artificial intelligence (AI) hardware spending is beginning to taper off. The main chipmaker for Nvidia Corp and Apple Inc reported third-quarter sales of NT$759.69 billion (US$23.6 billion), compared with the average analyst projection of NT$748 billion. For last month alone, TSMC reported revenue jumped 39.6 percent year-on-year to NT$251.87 billion. Taiwan’s largest company is to disclose its full third-quarter earnings on Thursday next week and update its outlook. Hsinchu-based TSMC produces the cutting-edge chips needed to train AI. The company now makes more
Protectionism: US trade chief Katherine Tai said the hikes would help to counter unfair trade practices from China, while boosting domestic clean energy investments US Trade Representative Katherine Tai (戴琪) defended stiff tariff hikes against countries such as China, saying that paired with investment, they were a “legitimate and constructive” tool for reinvigorating domestic industries. Tai’s comments come a week after sharp tariff increases on Chinese electric vehicles (EVs), EV batteries and solar cells took effect — with levies down the line on other products also recently finalized. The latest moves targeting US$18 billion in Chinese goods come weeks before next month’s US presidential election, with Democrats and Republicans pushing a hard line on China as competition between Washington and Beijing intensifies. In an interview on Thursday