TSMC and MediaTek are going on hiring sprees in 2022, says report

TSMC has been making a lot of money the past few quarters, not bad records with every new report it issues. That'south why information technology's little surprise the company has prepare its estimated maximum spending budget at $44 billion for 2022. Merely where does all that coin really go?

According to a new written report from Nikkei Asia, some of it'll be heading toward the recruitment of over 8,000 employees, putting the company'south 2022 hiring rate on par with 2022'south.

MediaTek, meanwhile, plans on bringing more than than 2,000 new employees aboard. It volition be hiring across Taiwan and India.

No affair how many new hires they enlist, both companies have their work cut out for them this twelvemonth thank you to the ongoing global chip shortage. Though experts predict many tech sectors will recover by the terminate of 2022 or, for those that are worse off, 2023, the effects may haunt consumers for some time. When information technology comes to something like the best graphics cards, NVIDIA estimates a lot of electric current issues volition be alleviated by the 2nd one-half of 2022. But the automotive manufacture faces a rougher path to recovery, compounded past domino-effect pipeline issues with entities such every bit the steel industry.

Regardless of what consumers confront in the coming months and years, semiconductor manufacturers such as TSMC remain in a good position to go along supplying and profiting from larger-than-always global chip demand.

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