Taiwan to invest $300m in grad schools to stem chip brain drain

TSMC and peers act as US and China ramp up investment in semiconductor talent

20210715 TSMC and Central Police University

The administration of President Tsai Ing-wen and major chipmakers are investing at least $300 million to create graduate programs for the semiconductor industry over the next decade. (Source photos by Taiwan's Office of the President and TSMC)

CHENG TING-FANG and LAULY LI, Nikkei staff writers

July 16, 2021 14:58 JST

TAIPEI -- Taiwanese authorities and major chipmakers are investing at least $300 million to create graduate programs for the semiconductor industry over the next decade, in a move aimed at protecting the island's chip economy as the U.S. and China seek to cultivate their own talent and bring production onshore.