Huawei Is Rumored To Be Poaching TSMC Engineers, Offering Them Triple Their Current Salaries In An Effort To Jumpstart Its Chipmaking Endeavors ...Middle East

SMIC and Huawei may have successfully developed the 5nm process, but mass producing thousands of wafers using the older DUV machinery is posing a challenge that neither Chinese firm can scale at this point. Likely realizing that extreme measures need to be taken if complete dependency on overseas companies is the primary goal, Huawei is said to be poaching TSMC engineers by offering monetary rewards in the form of triple the compensation that they currently receive. TSMC engineers receive emails once every three months from Huawei management, asking them to seek employment in a different company One of the engineers, […]

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