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Chip salary reduction situation is grim? No upside down, all pay cuts!

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Chip salary reduction situation is grim? No upside down, all pay cuts!
Chip salary reduction situation is grim? No upside down, all pay cuts!

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News, since the chip downward cycle, the average salary of many IC design companies has declined: the highest reduction is about 44%

Chip salary reduction situation is grim? No upside down, all pay cuts!

Taiwan's Business Times reported on February 27 that the average annual salary of IC design factories in 2022 has generally declined, with the highest decrease of about 44% and the lowest decrease of about 3% among the currently disclosed IC design companies in Taiwan.

  • The average annual salary of panel driver IC factory Novatek dropped to NT$4.053 million, an annual decrease of NT$1.109 million, a decrease of about 21.48%;
  • The average annual salary of panel driver IC factory Ruiding dropped to NT$5.001 million, a significant decrease of NT$1.118 million, or about 18.27%;
  • The average annual salary of the niche storage company Jinhao, fell to NT$2.59 million, a drop of more than NT$2 million, a decrease of about 44%;
  • MediaTek's average annual salary decreased slightly by NT$146,000, or about 3%, to maintain NT$4.992 million.
Chip salary reduction situation is grim? No upside down, all pay cuts!
Chip salary reduction situation is grim? No upside down, all pay cuts!
Chip salary reduction situation is grim? No upside down, all pay cuts!
Chip salary reduction situation is grim? No upside down, all pay cuts!

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