TSMC Chairman Wei Zhejia Warns of Engineer Shortage Due to Low Birth Rate
TSMC Chairman and CEO C.C. Wei expressed concern at the annual shareholders' meeting on June 4 that Taiwan's low birth rate could lead to a shortage of engineers and technicians in the long term. Although TSMC's employee birth rate is five times the national average, Wei stated it is still insufficient to meet future demand.
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- 📰 Published: June 4, 2026 at 13:40
- 🔍 Collected: June 4, 2026 at 14:03 (23 min after Published)
- 🤖 AI Analyzed: June 6, 2026 at 16:02 (49h 58m after Collected)
(Central News Agency, Hsinchu, June 4) C.C. Wei, Chairman and CEO of TSMC, the world's largest dedicated semiconductor foundry, said today that Taiwan's birth rate is too low, and he fears that in the long run, there will not be enough engineers and technicians.
TSMC held its annual shareholders' meeting today. A shareholder suggested that TSMC's male employees should take on more family responsibilities. Wei responded that TSMC provides generous support and flexibility for female employees who give birth, and also offers flexibility for male employees to care for their families.
Wei stated that TSMC is committed to taking good care of its employees, noting that the effectiveness of these policies is evident as TSMC's employee birth rate is five times the national average.
However, he admitted that Taiwan's overall birth rate is too low, and he is concerned that in the long term, there will be a shortage of engineers and technicians. He pointed out that even though TSMC's employee birth rate is five times the national average, having more 'TSMC babies' join the company in the future would still not be enough, as society needs people in other sectors, like restaurants.
Regarding a shareholder's question about employee performance reviews, Wei said that TSMC's performance evaluation system will not change and will always be fair and reasonable, as taking care of employees is key to the company's success.
When asked if TSMC would hire older workers, Wei did not give a direct answer. He noted that TSMC's retirement age is 67, and if someone joined at 65, they would be close to retirement after getting familiar with the job. (Editor: Lin Shuyuan) 1150604
TSMC held its annual shareholders' meeting today. A shareholder suggested that TSMC's male employees should take on more family responsibilities. Wei responded that TSMC provides generous support and flexibility for female employees who give birth, and also offers flexibility for male employees to care for their families.
Wei stated that TSMC is committed to taking good care of its employees, noting that the effectiveness of these policies is evident as TSMC's employee birth rate is five times the national average.
However, he admitted that Taiwan's overall birth rate is too low, and he is concerned that in the long term, there will be a shortage of engineers and technicians. He pointed out that even though TSMC's employee birth rate is five times the national average, having more 'TSMC babies' join the company in the future would still not be enough, as society needs people in other sectors, like restaurants.
Regarding a shareholder's question about employee performance reviews, Wei said that TSMC's performance evaluation system will not change and will always be fair and reasonable, as taking care of employees is key to the company's success.
When asked if TSMC would hire older workers, Wei did not give a direct answer. He noted that TSMC's retirement age is 67, and if someone joined at 65, they would be close to retirement after getting familiar with the job. (Editor: Lin Shuyuan) 1150604