{"id":1243538,"date":"2023-03-10T10:30:58","date_gmt":"2023-03-10T05:00:58","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1243538"},"modified":"2023-03-10T10:31:30","modified_gmt":"2023-03-10T05:01:30","slug":"this-it-tech-company-will-hire-6000-new-employees-in-next-12-months-get-full-details","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/this-it-tech-company-will-hire-6000-new-employees-in-next-12-months-get-full-details\/","title":{"rendered":"This IT &#038; Tech Company Will Hire 6000 New Employees In Next 12 Months: Get Full Details"},"content":{"rendered":"\n<p>The world\u2019s largest contract chipmaker, Taiwan Semiconductor Manufacturing Company (TSMC), announced that it shall hire more than 6,000 new staff in 2023.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/03\/Untitled-design-1-1-1280x720-1024x576-1024x576-1.png\" alt=\"This IT &amp; Tech Company Will Hire 6000 New Employees In Next 12 Months: Get Full Details\" class=\"wp-image-1243629\" srcset=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/03\/Untitled-design-1-1-1280x720-1024x576-1024x576-1.png 1024w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/03\/Untitled-design-1-1-1280x720-1024x576-1024x576-1-300x169.png 300w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2023\/03\/Untitled-design-1-1-1280x720-1024x576-1024x576-1-768x432.png 768w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>The statement speaks of the hiring despite a global downturn in the chip industry.<\/p>\n\n\n\n<p><strong>TSMC\u2019s Hiring Drive Despite Slowdown in Semiconductor Industry<\/strong><\/p>\n\n\n\n<p>As per the company <a href=\"https:\/\/www.reuters.com\/technology\/taiwans-tsmc-recruit-6000-engineers-2023-2023-03-04\/?utm_campaign=fullarticle&amp;utm_medium=referral&amp;utm_source=inshorts\">statement<\/a>, the company is seeking to keep a hiring drive for young engineers with associates, bachelor\u2019s, masters\u2019s or doctorate degrees in electrical engineering or software-related fields, in cities all across Taiwan.<\/p>\n\n\n\n<p>The company added that the average overall annual salary of a new engineer with a master\u2019s degree is NT$2 million (S$88,000).<\/p>\n\n\n\n<p>Following a shortage of some chips, a decline in demand for electronics and high inventory levels have followed eventually leading to a downturn for the semiconductor industry.<\/p>\n\n\n\n<p>A number of chip companies around the world have reined in investments since late 2022.<\/p>\n\n\n\n<p>Recently, Intel announced that it would cut payments to mid-level staff and executives from 5 per cent to 25 per cent.<\/p>\n\n\n\n<p>What has staved off the economic downturn to clutch TSMC, is its dominance in making some of the most advanced chips for high-end customers such as Apple.<\/p>\n\n\n\n<p>For 2023, the company has slightly reduced its annual capital expenditure and also predicted a drop in first-quarter revenue. However, it also said that it expects demand to pick up by the second half of this year.<\/p>\n\n\n\n<p><strong>More About TSMC<\/strong><\/p>\n\n\n\n<p>Taiwan Semiconductor Manufacturing Company Limited is a Taiwanese multinational semiconductor contract manufacturing and design company.&nbsp;<\/p>\n\n\n\n<p>The world\u2019s most valuable semiconductor company is headquartered &amp; operating from Hsinchu Science Park in Hsinchu. It is also the world&#8217;s largest dedicated independent (pure-play) semiconductor foundry.<\/p>\n\n\n\n<p>It is also one of Taiwan\u2019s largest companies and the majorly owned by foreign investors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The world\u2019s largest contract chipmaker, Taiwan Semiconductor Manufacturing Company (TSMC), announced that it shall hire more than 6,000 new staff in 2023. The statement speaks of the hiring despite a global downturn in the chip industry. TSMC\u2019s Hiring Drive Despite Slowdown in Semiconductor Industry As per the company statement, the company is seeking to keep [&hellip;]<\/p>\n","protected":false},"author":26,"featured_media":1243629,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[745,1075,1039,1076],"class_list":["post-1243538","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-it-company","tag-new-employees","tag-taiwan","tag-tsmc"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>This IT &amp; Tech Company Will Hire 6000 New Employees In Next 12 Months: Get Full Details - Trak.in - Indian Business of Tech, Mobile &amp; Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/this-it-tech-company-will-hire-6000-new-employees-in-next-12-months-get-full-details\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"This IT &amp; Tech Company Will Hire 6000 New Employees In Next 12 Months: Get Full Details - Trak.in - Indian Business of Tech, Mobile &amp; Startups\" \/>\n<meta property=\"og:description\" content=\"The world\u2019s largest contract chipmaker, Taiwan Semiconductor Manufacturing Company (TSMC), announced that it shall hire more than 6,000 new staff in 2023. 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