China Rushes to Hire Foreign Microchip Engineers – Nikkei

China’s microchip firms are rushing to snap up foreign engineers in China who were laid off as a result of US curbs, Nikkei Asia reported.

The likes of California-based chip developer Marvell were forced to lay off hundreds of foreign workers in China, said the report, prompting local chipmakers to offer lucrative wages to take them on instead.

Read the full report: Nikkei Asia

Read more:

TSMC Plans Expansion With New 1nm Chip Fab – Taiwan News

Toyota’s Profit Drops 25% Due to Computer Chip Shortage

US Expects Allies to Back Chip Export Curbs on China

Alfie Habershon

Alfie is a Reporter at Asia Financial. He previously lived in Mumbai reporting on India's economy and healthcare for data journalism initiative IndiaSpend, as well as having worked for London based Tortoise Media.

You Might also Like

China’s Huawei, SMIC ‘to Ramp Production’ of Newest AI Chip

Economists Say Trump Won't Hit China With 60% Tariffs Early On

China Export Tax Bombshell to Raise Oil, Solar, Battery Prices

G20 Countries Reach ‘Fragile Consensus’ on Climate Finance