[AdmSmith]

Taiwanese industry observers have stated that talent is the key to the development of the chip industry, and mainland China faces shortages in almost every aspect from packaging to design. Compared with Koreans and Japanese, people from Taiwan are the best choice because we speak the same language, have similar cultural backgrounds, and are known for their hard work.

Therefore, mainland companies have increased their attractiveness to Taiwanese talents in China. Peter Huang, who jumped from being a leading chip maker in Taiwan to a Beijing company in 2017, said: “I think I can see the future, because if mainland China wants to make its own chips, it will become self-reliant, people like me will have a good chance. “

More opportunities and higher salaries are considered to be key factors in attracting senior engineers from Taiwan to China. A survey by a China headhunter company in 2019 showed that the average annual salary of middle-level managers in the Taiwan chip industry is about NT $ 2 million (about RMB 440,000), while the average annual salary in mainland companies is as high as NT $ 4.5 million (about RMB 1 million).

https://en.liexianda.com/index.php?s=/Mobile/Show/index/cid/5/id/16.html The higher salary is paid by the Chinese Communist State, see below:

[AdmSmith]

Cheap loans underpin China’s semiconductor sector: OECD

source:
https://technode.com/2019/12/19/cheap-loans-underpin-chinas-semiconductor-sector-oecd/