Focus Taiwan
Date: 2017/11/04
By: Jackson Chang and Frances Huang

Taipei, Nov. 4 (CNA) Taiwan Semiconductor Manufacturing Co. (TSMC,台積電), the

TSMC Chairman Morris Chang

world’s largest contract chipmaker, said Saturday it will distribute about NT$456 million (US$15.09 million) in bonuses to its employees by the end of November.

At the company’s annual sports day in Hsinchu, where TSMC is headquartered, Chairman Morris Chang (張忠謀) announced that the company’s 38,000 employees who were formally employed by the company by May 31 will each receive a NT$12,000 bonus.

TSMC traditionally has announced a cash gift to employees on its annual sports day to supplement year-end and quarterly bonuses and show gratitude to its employees for their contributions.    [FULL  STORY]