Employees of the Ermei Township Farmers’ Association prepare samples of tankan grown by local farmers ahead of an annual competition in Hsinchu County yesterday. Township farmers plant 635 hectares of the citrus fruit, with a total output of more than 15,000 tonnes per year, about 50 percent of the nation’s output. The township plans to market the fruit by holding competitions and agricultural exhibitions, the farmers’ association said yesterday.
Photo: Tsai Meng-shang, Taipei Times
SEEKING ENGINEERS: The Dutch chipmaking equipment supplier is planning to hire 2,000 workers for a planned campus in New Taipei City’s Linkou District Dutch chipmaking equipment supplier ASML Holding NV is planning to offer NT$1.6 million (US$51,331) or more in starting annual pay to engineers with a master’s degree at its sites in Taiwan. The major supplier to contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) said it is keen to offer competitive compensation comprised of salaries, bonuses and other financial incentives as it seeks to expand its talent pool in Taiwan. The company, which is planning to build a plant in New Taipei City, said engineers would in their first year be granted 10 days annual leave, compared with the minimum of three days
Two US Federal Reserve officials reinforced expectations the central bank would slow their pace of interest rate increases next month, even as they stressed the need to keep tightening. San Francisco Fed President Mary Daly and Cleveland Fed President Loretta Mester said during separate remarks on Monday that inflation remains too high and policymakers have a way to go before completing their tightening campaign. However, they both characterized the need for officials to be judicious as they calibrate policy. “I think we can slow down from the 75 at the next meeting, I don’t have a problem with that,” Mester said during
‘SEASONED’: Chiang Shang-yi is to help guide Hon Hai’s global semiconductor development strategy as the firm accelerates the pace of capacity deployment Hon Hai Technology Group (鴻海科技集團) has hired former Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) cochief operating officer Chiang Shang-yi (蔣尚義) as a strategy officer to assist its semiconductor business development, the group said yesterday. Chiang’s appointment took effect immediately. He is to report directly to Hon Hai chairman Young Liu (劉揚偉). Chiang was the central figure in TSMC’s technology advancement, and once considered a potential successor to TSMC founder and former chairman Morris Chang (張忠謀). He spent the past few years in China assisting Chinese chipmakers Semiconductor Manufacturing International Corp (中芯國際) and Wuhan Hongxin Semiconductor Corp (武漢弘芯半導體). Chiang on Oct. 18 attended a
PRIORITY SHIFT: TSMC previously said it would build two new fabs in Kaohsiung, but earlier this month said it was postponing construction of a 7-nanometer factory Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday said that construction of a factory in Kaohsiung to produce 28-nanometer chips is under way, with mass production set to start in 2024. TSMC, the world’s largest contract chipmaker, made the announcement after reports about the company’s capacity expansion plans in Kaohsiung. Industry insiders said that TSMC on Friday awarded the contract to build the new fab to Fu Tsu Construction Co (互助營造). The chipmaker, a major Apple Inc supplier, did not directly respond to the reports, saying only that construction had started following the completion of land grading. TSMC previously said it intended to build a