Re:TSMC to build second Japan chip factory, raising investme...
by andyferris on Wednesday February 07, 2024 @05:02PM
(#39294871)
Well… I believe labor in the US is cheaper than Australia, NZ, UK, and most of the EU. (I’m not sure about Japan). Basically all comparable countries in terms of wealth. So that’s something?
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Re:TSMC to build second Japan chip factory, raising investme...
by xxpor on Wednesday February 07, 2024 @09:04PM
(#39296949)
There's 0 chance US labor is cheaper than the UK at this point.
US: >Real median household income was $74,580 in 2022
UK: >In the financial year ending (FYE) 2022, median household income in the UK before taxes and benefits was £35,000, increasing to £38,100 after taxes and benefits.
Re:TSMC to build second Japan chip factory, raising investme...
by rendang on Wednesday February 07, 2024 @09:54PM
(#39297381)
NZ is even lower per https://en.wikipedia.org/wiki/List_of_countries_by_average_w... so unless there is a big difference in the manufacturing sector specifically, it's probably also cheaper there
Re:TSMC to build second Japan chip factory, raising investme...
by HPsquared on Thursday February 08, 2024 @09:31AM
(#39302298)
That combined with the house prices... ouch.
Re:TSMC to build second Japan chip factory, raising investme...
by andyferris on Thursday February 08, 2024 @05:12AM
(#39300272)
Wait - the median income in the UK is higher AFTER tax is removed? The median person receives more benefits than pay tax?
Re:TSMC to build second Japan chip factory, raising investme...
by pjc50 on Thursday February 08, 2024 @07:44AM
(#39301271)
Something not quite right there, because at £35,000 you're not eligible for that many benefits. Unless this is somehow miscounting pensioners?
Re:TSMC to build second Japan chip factory, raising investme...
by oblio on Thursday February 08, 2024 @05:05AM
(#39300233)
US labor is in no way, shape or form cheaper than EU labor, even with the higher taxes in the EU. Have you checked the average or median salary in the US and Germany, France, Spain, let alone any Eastern European country?
Re:TSMC to build second Japan chip factory, raising investme...
by wodenokoto on Thursday February 08, 2024 @07:59AM
(#39301415)
None of which are the UK, Australia or NZ.