Billionaire Jack Ma (馬雲) again encouraged tech workers to embrace the industry’s extreme-overtime culture, defying a growing social media backlash.
The Alibaba Group Holding Ltd (阿里巴巴) cofounder once more endorsed the sector’s infamous 12-hours-a-day, six-days-a-week routine as de rigueur for passionate young workers.
In a lengthy blog post on Sunday, China’s richest man expanded on comments from last week, in which he dismissed people who expect a typical eight-hour office lifestyle.
“As I expected, my comments internally a few days ago about the 996 schedule caused a debate and non-stop criticism,” Ma wrote. “I understand these people, and I could have said something that was ‘correct.’ But we don’t lack people saying ‘correct’ things in the world today, what we lack is truthful words that make people think.”
Ma’s earlier comments stoked a fierce ongoing debate over tales of programmers and founders dying from unrelenting stress.
Chinese tech workers last month protested labor conditions on the online code-sharing community GitHub under the banner 996.ICU, which quickly became the site’s most popular topic.
Beyond Ma, several of China’s most prominent industry figures have also weighed in on the controversy.
Richard Liu (劉強東), chief executive of Alibaba arch-foe JD.com Inc (京東), said in a post on his WeChat (微信) moments that, while he would never force staff to work a 996 schedule, people who slacked off were not considered his “brothers.”
On Sunday, Ma said forcing employees to work grueling hours was “inhumane” — but that some wanted to do so.
“Those who can stick to a 996 schedule are those who have found their passion beyond monetary gains,” he wrote.
WEAKER ACTIVITY: The sharpest deterioration was seen in the electronics and optical components sector, with the production index falling 13.2 points to 44.5 Taiwan’s manufacturing sector last month contracted for a second consecutive month, with the purchasing managers’ index (PMI) slipping to 48, reflecting ongoing caution over trade uncertainties, the Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院) said yesterday. The decline reflects growing caution among companies amid uncertainty surrounding US tariffs, semiconductor duties and automotive import levies, and it is also likely linked to fading front-loading activity, CIER president Lien Hsien-ming (連賢明) said. “Some clients have started shifting orders to Southeast Asian countries where tariff regimes are already clear,” Lien told a news conference. Firms across the supply chain are also lowering stock levels to mitigate
IN THE AIR: While most companies said they were committed to North American operations, some added that production and costs would depend on the outcome of a US trade probe Leading local contract electronics makers Wistron Corp (緯創), Quanta Computer Inc (廣達), Inventec Corp (英業達) and Compal Electronics Inc (仁寶) are to maintain their North American expansion plans, despite Washington’s 20 percent tariff on Taiwanese goods. Wistron said it has long maintained a presence in the US, while distributing production across Taiwan, North America, Southeast Asia and Europe. The company is in talks with customers to align capacity with their site preferences, a company official told the Taipei Times by telephone on Friday. The company is still in talks with clients over who would bear the tariff costs, with the outcome pending further
Six Taiwanese companies, including contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), made the 2025 Fortune Global 500 list of the world’s largest firms by revenue. In a report published by New York-based Fortune magazine on Tuesday, Hon Hai Precision Industry Co (鴻海精密), also known as Foxconn Technology Group (富士康科技集團), ranked highest among Taiwanese firms, placing 28th with revenue of US$213.69 billion. Up 60 spots from last year, TSMC rose to No. 126 with US$90.16 billion in revenue, followed by Quanta Computer Inc (廣達) at 348th, Pegatron Corp (和碩) at 461st, CPC Corp, Taiwan (台灣中油) at 494th and Wistron Corp (緯創) at
NEGOTIATIONS: Semiconductors play an outsized role in Taiwan’s industrial and economic development and are a major driver of the Taiwan-US trade imbalance With US President Donald Trump threatening to impose tariffs on semiconductors, Taiwan is expected to face a significant challenge, as information and communications technology (ICT) products account for more than 70 percent of its exports to the US, Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院) president Lien Hsien-ming (連賢明) said on Friday. Compared with other countries, semiconductors play a disproportionately large role in Taiwan’s industrial and economic development, Lien said. As the sixth-largest contributor to the US trade deficit, Taiwan recorded a US$73.9 billion trade surplus with the US last year — up from US$47.8 billion in 2023 — driven by strong