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Painting it as a single company moving back and forth is an oversimplification but in a open market it's pretty close to "company located in US loses business to company located in less expensive country." Taiwan is hardly cheap but local labor-dependent stuff in Taipei seemed cheaper than the US when I visited - unlike Europe, say. Similarly, fewer workers seem to leave the US for better-paying jobs in Taiwan then vice versa. Googling salary estimates for EE jobs in Taiwan gives me ranges of up to 2.5M NT annual (90K USD) or 80K NT per month ($2900 USD).

TSMC was also founded in 1987, Taiwan has changed a lot over the decades and at a certain point inertia works for a lot even as costs may even out compared to in the past. What were those salaries in 2000?




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