MediaTek Inc (聯發科), the largest IC designer in Taiwan, last year paid its nonmanagement employees the highest average yearly salaries of all the companies listed on the Taiwan Stock Exchange (TWSE), while Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s largest contract chipmaker, was seventh, the exchange said on Monday.
MediaTek, which specializes in smartphone IC design, paid an average salary of NT$4.867 million (US$156,414) to its nonmanagement employees last year, TWSE data showed.
Despite retaining the No. 1 title for pay, average salaries at the firm dropped from about NT$5.15 million recorded in 2021, the data showed.
Photo: CNA
TSMC, the most profitable company in Taiwan, ranked seventh, paying an average of NT$3.167 million to nonmanagement employees, a 30 percent rise from an average of NT$2.425 million paid to workers in 2021, which had put it in 16th place.
Eight of the top 10 companies on the pay list are in the semiconductor industry, while two are in shipping.
Evergreen Marine Corp (長榮海運, No. 3, NT$4.575 million) and Yang Ming Marine Transport Corp (陽明海運, No. 9, NT$2.957 million), featured high in the rankings amid fast-growing freight rates and port congestion.
Raydium Semiconductor Corp (瑞鼎科技), a display driver IC designer, ranked second after paying an average of NT$4.866 million to its nonmanagement employees last year, while Novatek Microelectronics Corp (聯詠科技), another display driver IC designer, was fourth with an average pay of NT$3.959 million.
Rounding out the top 10 were communications network IC designer Realtek Semiconductor Corp (瑞昱半導體, No. 5, NT$3.839 million), display driver IC designers Sitronix Technology Corp (矽創電子, No. 6, NT$3.641 million) and Fitipower Integrated Technology Inc (天鈺科技, No. 8, NT$2.958 million) and complementary metal-oxide-semiconductor image sensor designer Silicon Optronics Inc (晶相光電, No. 10, NT$2.777 million), TWSE data showed.
The domestic unit of the Chinese-owned, Dutch-headquartered chipmaker Nexperia BV will soon be able to produce semiconductors locally within China, according to two company sources. Nexperia is at the center of a global tug-of-war over critical semiconductor technology, with a Dutch court in February ordering a probe into alleged mismanagement at the company. The geopolitical tussle has disrupted supply chains, with some carmakers reportedly forced to cut production due to chip shortages. Local production would allow Nexperia’s domestic arm, Nexperia Semiconductors (China) Ltd (安世半導體中國), to bypass restrictions in place since October on the supply of silicon wafers — etched with tiny components to
Singapore-based ride-hailing and delivery giant Grab Holdings Ltd has applied for regulatory approval to acquire the Taiwan operations of Germany-based Delivery Hero SE's Foodpanda in a deal valued at about US$600 million. Grab submitted the filing to the Fair Trade Commission on Friday last week, with the transaction subject to regulatory review and approval, the company said in a statement yesterday. Its independent governance structure would help foster a healthy and competitive market in Taiwan if the deal is approved, Grab said. Grab, which is listed on the NASDAQ, said in the filing that US-based Uber Technologies Inc holds about 13 percent of
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday received government approval to deploy its advanced 3-nanometer (3nm) process at its second fab currently under construction in Japan, the Ministry of Economic Affairs said in a news release. The ministry green-lit the plan for the facility in Kumamoto, which is scheduled to start installing equipment and come online in 2028 with a monthly production capacity of 15,000 12-inch wafers, the ministry said. The Department of Investment Review in June 2024 authorized a US$5.26 billion investment for the facility, slated to manufacture 6- to 12nm chips, significantly less advanced than 3nm process. At a meeting with
Taiwan’s food delivery market could undergo a major shift if Singapore-based Grab Holdings Ltd completes its planned acquisition of Delivery Hero SE’s Foodpanda business in Taiwan, industry experts said. Grab on Monday last week announced it would acquire Foodpanda’s Taiwan operations for US$600 million. The deal is expected to be finalized in the second half of this year, with Grab aiming to complete user migration to its platform by the first half of next year. A duopoly between Uber Eats and Foodpanda dominates Taiwan’s delivery market, a structure that has remained intact since the Fair Trade Commission (FTC) blocked Uber Technologies Inc’s