Re:China hires over 100 TSMC engineers in push for chip lead...
by valuearb on Wednesday August 12, 2020 @10:34AM
(#24132403)
How can you build a competitive semiconductor manufacturer if you are forced to pay 2x salaries?
Sounds like a gaudy central planning project doomed to fall apart as soon as it hits market realities.
Re:China hires over 100 TSMC engineers in push for chip lead...
by coreblocks on Thursday August 13, 2020 @10:23AM
(#24143615)
But there is real demand for cutting edge semiconductors in China... Do you think people will be satisfied with 14nm SMIC chips forever? Paying $140K salary is peanuts compared to what experienced software engineers at Facebook/Google get, their junior positions pays that much. Or hell $400K salaries at some financial firms.
Their semiconductor industry will not be solely made up of TSMC engineers, the vast majority are going to be Chinese juniors who will learn from them and eventually replace them.
Think about millionaires who joined Snap, Uber, Lyft, Pinterest at the right time like this