Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday unveiled a plan to hire 9,000 people this year in the latest round of recruitment as the chipmaker races to boost capacity to alleviate a chip crunch and safeguard its technology advantage.
TSMC’s talent recruitment this year might be the most ambitious in its history, while last year’s drive of 8,000 added recruits doubled the 4,000 new hires that it averaged over the preceding few years.
The latest drive — for fabs in Hsinchu, Taichung and Tainan — aims to catch up with growth in the company and new technology development, the Hsinchu-based chipmaker said.
Photo: Sam Yeh, AFP
The annual hiring campaign was launched amid shortages of a variety of chips, especially auto chips.
In January, the company revised its five-year revenue forecast to growth of 10 to 15 percent from a previous estimate of 5 to 10 percent, which it attributed primarily to stronger-than-expected demand for applications using high-performance computing and 5G smartphones.
TSMC in January said that it plans an annual capital expenditure of US$25 billion to US$28 billion (US$884.14 million to US$990.24 million), mostly to develop and manufacture advanced 3-nanometer, 5-nanometer and 7-nanometer chips.
The recruitment plan would bring the chipmaker’s overall headcount to more than 60,000 employees, up from 51,297 at the end of 2019.
TSMC hosted a recruitment event at National Taiwan University yesterday, the first in a series of hiring activities to take place at local universities this month and next.
The company expects about 3,000 students to sign up for job interviews, and said that next month it would begin accepting applications to a new internship program.
Cairo’s new monorail slices across the city skyline, running above the familiar chaos of blaring horns and aging buses’ exhaust fumes that mark rush hour below. The US$4.5 billion monorail, opened this month, is among Egypt’s most prominent new transport projects, part of a debt-funded infrastructure drive criticized for sapping state finances while bringing limited benefits to most of the country’s 109 million people. “It feels like you’re in a different country,” said Ramy Sayed, a restaurant manager, aboard a driverless Innovia 300 train. “No noise, no traffic, we’re not used to this.” The eastern line runs 56km from the bustling middle-class
Starlux Airlines Co (星宇航空) today unveiled a long-haul network expansion plan at a shareholders’ meeting in Taipei, including direct flights to Barcelona, Spain, and Zurich, Switzerland, as well as a service connecting Taipei, Sydney and New Zealand. Starlux is to become the first Taiwanese carrier to offer non-stop services to the two European cities, while the inaugural oceanic route is expected to expand transit opportunities within the Australia-New Zealand market, Starlux said. Flight services to Chicago, Dallas, Washington and New York are under evaluation, the airline added. Prior to the shareholders’ meeting, the airline earlier this year announced that it would be
Taiwanese prosecutors suspect that three people successfully smuggled at least one shipment of Nvidia Corp artificial intelligence (AI) chips to China after first exporting them to Japan, people familiar with the matter said. The trio was detained last week by the Keelung District Prosecutors’ Office for allegedly falsifying documents related to exports of Super Micro Computer Inc servers containing advanced Nvidia chips, which the US has barred from sale to China without a license from Washington. The move marked Taiwan’s first public crackdown on AI chip diversion after years of pressure from the US to take a more active role in curtailing
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) employee bonuses are likely to grow more than 30 percent this year, in line with the past few years as the company’s profits continue to set new records, an anonymous source cited TSMC chairman C.C. Wei (魏哲家) as saying yesterday. TSMC, the world’s largest contract chipmaker, is committed to taking care of its workers, the source said, citing Wei’s meeting with employees yesterday morning. Wei also expressed gratitude to employees for their contribution to the company’s improving bottom line, the source added. Since 2023, TSMC’s employee bonuses have grown at an annual rate of