Semiconductor firms listed on the Taiwan Stock Exchange (TWSE) posted the highest average wage for non-managerial employees last year at NT$1.22 million (US$38,719), putting the sector at the top of the nation’s industries, Financial Supervisory Commission (FSC) data showed yesterday.
Computer and peripheral equipment industry and plastics industry firms reported average wages of their non-managerial employees at NT$1.2 million and NT$1.17 million respectively.
The power and utility industry ranked fourth with an average wage of NT$1.17 million, one spot ahead of the electronics industry — which excludes companies of electronic components, communications, photoelectronic and information service, but includes Hon Hai Precision Industry Co (鴻海精密) — with NT$1.16 million, the data showed.
The bottom five industries were tourism, glass and ceramics, rubber, textile and fiber, and biotech, which have average wages of NT$532,000, NT$587,000, NT$632,000, NT$637,000 and N$674,000 respectively, the data showed.
Non-managerial employees of TWSE-listed companies received an average wage of NT$1.01 million per year, higher than their peers at companies listed on the Taipei Exchange (TPEX) with NT$729,000, Securities and Futures Bureau Deputy Director Sam Chang (張振山) said.
Listed companies had been required to reveal their average wages for non-managerial employees by June, as the commission expects the information to show if companies pay their employees reasonably, with special attention paid to those with average wages of below NT$500,000 and those of higher-than-average earnings per share (EPS) but lower-than-average wages, Chang said.
A total of 159 listed companies reported average wages of below NT$500,000 for last year, including 66 TWSE-listed firms and 93 listed on the TPEX, Chang said.
Those companies attributed their comparatively low wages to cumulative losses, a larger number of foreign contract workers, declining profits and low margins, he said.
A total of 266 companies outperformed their rivals in terms of EPS, but paid their employees lower average wages, including 142 listed on the TWSE and 124 on the TPEX, Chang said.
Intel Corp chief executive officer Lip-Bu Tan (陳立武) is expected to meet with Taiwanese suppliers next month in conjunction with the opening of the Computex Taipei trade show, supply chain sources said on Monday. The visit, the first for Tan to Taiwan since assuming his new post last month, would be aimed at enhancing Intel’s ties with suppliers in Taiwan as he attempts to help turn around the struggling US chipmaker, the sources said. Tan is to hold a banquet to celebrate Intel’s 40-year presence in Taiwan before Computex opens on May 20 and invite dozens of Taiwanese suppliers to exchange views
Application-specific integrated circuit designer Faraday Technology Corp (智原) yesterday said that although revenue this quarter would decline 30 percent from last quarter, it retained its full-year forecast of revenue growth of 100 percent. The company attributed the quarterly drop to a slowdown in customers’ production of chips using Faraday’s advanced packaging technology. The company is still confident about its revenue growth this year, given its strong “design-win” — or the projects it won to help customers design their chips, Faraday president Steve Wang (王國雍) told an online earnings conference. “The design-win this year is better than we expected. We believe we will win
Power supply and electronic components maker Delta Electronics Inc (台達電) yesterday said it plans to ship its new 1 megawatt charging systems for electric trucks and buses in the first half of next year at the earliest. The new charging piles, which deliver up to 1 megawatt of charging power, are designed for heavy-duty electric vehicles, and support a maximum current of 1,500 amperes and output of 1,250 volts, Delta said in a news release. “If everything goes smoothly, we could begin shipping those new charging systems as early as in the first half of next year,” a company official said. The new
Quanta Computer Inc (廣達) chairman Barry Lam (林百里) is expected to share his views about the artificial intelligence (AI) industry’s prospects during his speech at the company’s 37th anniversary ceremony, as AI servers have become a new growth engine for the equipment manufacturing service provider. Lam’s speech is much anticipated, as Quanta has risen as one of the world’s major AI server suppliers. The company reported a 30 percent year-on-year growth in consolidated revenue to NT$1.41 trillion (US$43.35 billion) last year, thanks to fast-growing demand for servers, especially those with AI capabilities. The company told investors in November last year that
RSS