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Stock impact report

China tackles chip talent shortage with new courses, higher pay [Reuters]

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) 
Last taiwan semiconductor manufacturing company ltd. earnings: 4/17 04:00 pm Check Earnings Report
Company Research Source: Reuters
expertise that has been made worse by U.S. efforts to limit Beijing's access to advanced chip technology. Enrolments for undergraduate and post-graduate courses have surged over the past five years thanks to new funds for top universities as well as a boom in smaller private schools focused on shorter-term instruction. Some graduates with degrees in other subjects are being lured into the growth industry at a time when entry-level salaries have doubled. "The prospect of the chip industry is promising, while the employment for software engineers from ordinary schools is not as good as before," said Clara Zhao, who studied materials science at university before securing a job in the chips sector. China faces a shortage of an estimated 200,000 industry workers this year, according to a white paper jointly published by the China Center for Information Industry Development, a government think tank, and the China Semiconductor Industry Association (CSIA), a trade group. Closing th Show less Read more
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