Staff writer, with CNATaiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s largest contract chipmaker, announced at its annual sports day on Saturday that it would give NT$468 million (US$15.35 million) in bonuses to its employees. The company’s sports day is a favorite among TSMC employees, because they generally receive a bonus. TSMC is experiencing sluggish sales growth in a generally difficult market, complicated by the US-China trade dispute. Wei (魏哲家) responded on the sidelines of the event to speculation that the company is planning to build a solar power plant in Pingtung County. He said that the power plant would be built by the company’s clients, not the company itself, but that TSMC would consume all of the power produced.

Source: Taipei Times November 03, 2019 16:01 UTC