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TSMC to add 3,000 engineers in next-gen chip war with Samsung

Taiwanese chipmaker hurries to offer products tailored for AI and 5G networks

TSMC will increase hiring as it seeks an edge in the race to develop chips to power AI and 5G networks. (Photo courtesy of Taiwan Semiconductor Manufacturing Co.)

TAIPEI -- Taiwan Semiconductor Manufacturing Co., the world's top contract chipmaker, says it will hire at least 3,000 engineers at home by the end of this year, seeking to hasten development as competition heats up with South Korea's Samsung Electronics.

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