ASE to raise wages, distribute extra bonus - News Summed Up

ASE to raise wages, distribute extra bonus


ASE to raise wages, distribute extra bonusBy Lisa Wang / Staff reporterASE 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. 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. It is to hold a job fair at its K11 fab in Kaohsiung’s Nanzih District (楠梓) tomorrow, ASE said. The global semiconductor industry’s growth used to be highly correlated to the expansion of the global economy, but this year would be an exception, Wu has said. The strong growth momentum is reflected in ASE’s record revenue last month, which increased 5.7 percent to NT$50.67 billion from NT$47.92 billion in October.


Source: Taipei Times December 18, 2020 15:56 UTC



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