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.
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
Chizuko Kimura has become the first female sushi chef in the world to win a Michelin star, fulfilling a promise she made to her dying husband to continue his legacy. The 54-year-old Japanese chef regained the Michelin star her late husband, Shunei Kimura, won three years ago for their Sushi Shunei restaurant in Paris. For Shunei Kimura, the star was a dream come true. However, the joy was short-lived. He died from cancer just three months later in June 2022. He was 65. The following year, the restaurant in the heart of Montmartre lost its star rating. Chizuko Kimura insisted that the new star is still down
While China’s leaders use their economic and political might to fight US President Donald Trump’s trade war “to the end,” its army of social media soldiers are embarking on a more humorous campaign online. Trump’s tariff blitz has seen Washington and Beijing impose eye-watering duties on imports from the other, fanning a standoff between the economic superpowers that has sparked global recession fears and sent markets into a tailspin. Trump says his policy is a response to years of being “ripped off” by other countries and aims to bring manufacturing to the US, forcing companies to employ US workers. However, China’s online warriors
RSS