China recruitment drive boosting semi salaries
- Author:Ella Cai
- Release on:2017-03-27
China is aggressively recruiting semiconductor engineers and execs, reports headhunters
TrendForce, leading to a boost in salaries across the entire semiconductor industry.
With a number of new fabs set to start production in H2 2018, China is looking for veteran semiconductor people, particularly memory specialists, to run them.
With a number of new fabs set to start production in H2 2018, China is looking for veteran semiconductor people, particularly memory specialists, to run them.
Memory specialists are particularly required because Yangtze River Storage Technology (YRST), Fujian Jin Hua Integrated Circuit (JHICC), Hefei Chang Xin and Tsinghua Unigroup’s Nanjing fab are all targeting DRAM and 3D-NAND.
TrendForce estimates that China’s semiconductor sector will have a deficit of 100,000 high-level technical personnel by 2020 unless it can recruit enough people from outside China or train enough people locally.
According to TrendForce, the focus of the headhunting is process development engineers and IC designers.
With eleven fabs under construction in China, TrendForce reckons that they will collectively add 900k wpm when fully loaded.
China companies are offering high salaries which is, says TrendForce, leading to a a boost in compensation and benefits for semiconductor professionals across the entire industry.
China’s chip strategy is already doing rather well.
Based on UN trade data, China chip imports have been flattish for the last three years while the output of the domestic chip industry has tripled.
So China is increasingly serving its own IC needs.
China’s IC imports went up 47% from $157 billion in 2010 to $231 billion in 2013 but, since 2013, they have stayed between $218 – $231 billion.
China’s domestic IC industry has tripled from $21 billion in 2010 to $62 billion in 2016 with IC design increasing 5x in those six years from $5 – $25 billion.
China’s IC exports are less remarkable. After tripling from $29 billion in 2010 to $88 billion in 2013, they have dropped back to $61 – $70 billion for the last three years.
TrendForce, leading to a boost in salaries across the entire semiconductor industry.
With a number of new fabs set to start production in H2 2018, China is looking for veteran semiconductor people, particularly memory specialists, to run them.
With a number of new fabs set to start production in H2 2018, China is looking for veteran semiconductor people, particularly memory specialists, to run them.
Memory specialists are particularly required because Yangtze River Storage Technology (YRST), Fujian Jin Hua Integrated Circuit (JHICC), Hefei Chang Xin and Tsinghua Unigroup’s Nanjing fab are all targeting DRAM and 3D-NAND.
TrendForce estimates that China’s semiconductor sector will have a deficit of 100,000 high-level technical personnel by 2020 unless it can recruit enough people from outside China or train enough people locally.
According to TrendForce, the focus of the headhunting is process development engineers and IC designers.
With eleven fabs under construction in China, TrendForce reckons that they will collectively add 900k wpm when fully loaded.
China companies are offering high salaries which is, says TrendForce, leading to a a boost in compensation and benefits for semiconductor professionals across the entire industry.
China’s chip strategy is already doing rather well.
Based on UN trade data, China chip imports have been flattish for the last three years while the output of the domestic chip industry has tripled.
So China is increasingly serving its own IC needs.
China’s IC imports went up 47% from $157 billion in 2010 to $231 billion in 2013 but, since 2013, they have stayed between $218 – $231 billion.
China’s domestic IC industry has tripled from $21 billion in 2010 to $62 billion in 2016 with IC design increasing 5x in those six years from $5 – $25 billion.
China’s IC exports are less remarkable. After tripling from $29 billion in 2010 to $88 billion in 2013, they have dropped back to $61 – $70 billion for the last three years.
