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Taiwan bans recruitment for jobs in China to prevent talent poaching

Taiwan bans recruitment for jobs in China to prevent talent poaching ANI | Updated: Apr 30, 2021 17:18 IST Taipei [Taiwan], April 30 (ANI): Amid rising tensions with Beijing, Taiwan has told staffing companies to remove all listings for jobs in China as a preventive measure to avert the poaching of vital tech talent to the mainland. Taiwan s Labor Ministry in a notice said that all Taiwanese and foreign staffing companies on the island as a general rule may no longer post openings for jobs located in China, Nikkei Asia reported. According to the notice, the ban places emphasis on critical industries such as integrated circuits and semiconductors.

Taiwan bans China job ads to prevent brain drain

Taiwan bans China job ads to prevent brain drain 30 Apr 2021, 22:19 GMT+10 Taipei [Taiwan], April 30 (ANI): Amid rising tensions with Beijing, Taiwan has told staffing companies to remove all listings for jobs in China as a preventive measure to avert the poaching of vital tech talent to the mainland. Taiwan s Labor Ministry in a notice said that all Taiwanese and foreign staffing companies on the island as a general rule may no longer post openings for jobs located in China, Nikkei Asia reported. According to the notice, the ban places emphasis on critical industries such as integrated circuits and semiconductors. Due to geopolitical tension between the US and China, China s semiconductor development has suffered some setbacks and as a result China has become more aggressive in poaching and targeting top Taiwanese chip talent to help build a self-sufficient supply chain, the ministry said in the notice.

Manufacturing sector in March sees 2nd-fastest growth this year

Manufacturing sector in March sees 2nd-fastest growth this year 04/29/2021 03:34 PM CNA file photo Taipei, April 29 (CNA) Taiwan s manufacturing industry grew again in March, with an index gauging the health of the sector flashing a yellow-red light, indicating fast growth, for the second time this year, the Taiwan Institute of Economic Research (TIER) said Thursday. The manufacturing sector received a boost in March as the impact of the COVID-19 pandemic on the global economy had gradually tapered off and the number of work days returned to normal in the month after fewer work days in February due to the week-long Lunar New Year holiday, according to the TIER, one of Taiwan s leading think tanks.

EU planning subsidies to lure investment by TSMC, other chipmakers

EU planning subsidies to lure investment by TSMC, other chipmakers 04/27/2021 02:29 PM A TSMC factory in Tainan, southern Taiwan. CNA file photo Berlin, April 27 (CNA) In response to supply chain vulnerabilities exposed by the global semiconductor shortage, the European Union is planning to offer subsidies to chipmakers, including Intel and Taiwan Semiconductor Manufacturing Company (TSMC), to build new plants in Europe. In an interview Monday with Germany s Frankfurter Allgemeine Zeitung, EU Commissioner for the Internal Market Thierry Breton said the chip shortage, particularly in its effect on the auto industry, had shown how urgently we need to make our supply chains resilient.

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