China Lures Tech Talent from Taiwan with Fat Salaries and Perks

China Lures Tech Talent from Taiwan with Fat Salaries and Perks
Skyworth AI chip at the Consumer Electronics Show (CES) Asia in Shanghai on June 13, 2018. AFP/Getty Images
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TAIPEI–A huge pay raise, eight free trips home a year, and a heavily subsidized apartment. It was a dream job offer that a Taiwanese engineer simply could not refuse.

A veteran engineer of Taiwan’s top-tier chipmakers, including United Microelectronics Corporation, took up the offer from a Chinese state-backed chipmaker last year and now oversees a small team at a wafer foundry in eastern China.