By: Chang Chien-chung and Frances Huang
Taipei, Nov. 2 (CNA) Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest contractchipmaker, announced at its annual Sports Day on Saturday that it will give NT$$468 million (US$15.34 million) in bonuses to its employees.
Expressing gratitude to employees for their contributions, TSMC Chairman Mark Liu (劉德音) said at the event in Hsinchu, where TSMC is headquartered, that it will give each of its roughly 39,000 employees who were with TSMC as of May 31 a bonus of NT$12,000.
The total payout, expected to be disbursed in December, will reach about NT$468 million, TSMC said.
The company's Sports Day is a favorite among TSMC employees because they generally receive a bonus. This year's amount per employee was the same as last year's. [FULL STORY]