Taiwan’s Semiconductor Sector Looks to Southeast Asia for Talent
Taiwan is actively recruiting international students from Southeast Asia to address a talent shortage in its pivotal semiconductor sector. Producing over 90% of the world's most advanced chips, Taiwan faces a growing demand for skilled workers. The island aims to increase international students to 320,000 by 2030, leveraging its New Southbound Policy to enhance ties with Southeast Asia, South Asia, and Australasia.
Taiwan is stepping up efforts to attract international students, particularly from Southeast Asia, to counteract its shrinking university enrollment and talent shortage in the semiconductor sector.
Taiwan has one of the world’s lowest fertility rates at 0.865 in 2023, leading to a deficit in skilled workers within its pivotal chip-making industry.
The island produces over 90% of the world’s most advanced semiconductors, with the local chip sector posting 23,000 monthly job vacancies in Q2 2023.
Taiwan aims to increase its international student population to 320,000 by 2030, retaining 70% in the workforce post-graduation.
A NT$5.2 billion investment over five years will bolster STEM fields, and programs offering internships and scholarships to foreign students have been launched.
Notably, Taiwan’s New Southbound Policy seeks to deepen ties with Southeast Asia, South Asia, and Australasia.
International students from Vietnam, Indonesia, and Malaysia cite geographical proximity, scholarships, and affordable living costs as reasons to study in Taiwan.
The island’s semiconductor ecosystem and rising foreign student initiatives make it a key player in the global chip industry talent pool.