Semiconductor giant TSMC plans to add more than 6,000 jobs this year, despite a broader slowdown in demand for chips.
The world’s largest contract chipmaker is looking to recruit new engineers and production line operators across its home base of Taiwan — in the cities of Hsinchu, Taichung, Tainan and Kaohsiung — it confirmed Monday. “
which stands for Taiwan Semiconductor Manufacturing Company, produces an estimated 90% of the world’s super-advanced chips. It’s one of the world’s most valuable listed companies, with a market capitalization of 13.3 trillion New Taiwan Dollars as of Monday. In Asia, posted strong earnings, but warned of an expected drop in revenue in the first six months of the year. CEO CC Wei told analysts at the time that the firm expected “a healthy recovery” later in 2023, with sales expected to pick back up in the second half. Due to its record earnings last year,
announced last year that it’s building a second semiconductor factory in Phoenix, and increasing its investment there. The firm may also expand further overseas. In January, it said that it was considering opening its first plant in Europe and a second one in Japan.
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