Taipei, Jan. 13 (CNA) Shares in Taiwan moved sharply higher by more than 260 points to close at a new high on Wednesday, thanks to a surge in the bellwether electronics sector, casting off a slowdown seen a session earlier, in a market awash in liquidity, dealers said.
Taipei, Jan. 11 (CNA) Shares in Taiwan closed at a record high Monday after early losses behind a late rally by contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) on hopes it will have positive news at its investor conference Thursday, dealers said.
ASE to raise wages, distribute extra bonus
By Lisa Wang / Staff reporter
ASE Technology Holding Co (ASE, 日月光投控), the world’s biggest chip tester and packager, yesterday said it is to raise employees’ monthly wages by between 3 and 5 percent for those in entry-level positions at its Kaohsiung fabs.
The adjustment marks the fourth consecutive year of salary hikes in the same range as the firm seeks to retain talent.
It is also to give an extra bonus, or “red envelope,” of NT$10,000 (US$351) for each employee on top of their regular year-end bonuses, ASE said in a statement.
ASE Technology Holding Co chief executive officer Tien Wu speaks in Kaohsiung on Wednesday at a news conference to launch the world’s first private enterprise 5G network using Qualcomm Inc’s millimeter-wave technology.