Earlier quoted context omitted.
Semiconductor manufacturing is very capital intensive so running the company as a nonprofit is a nonstarter. You've presented historical data to counter the of argument that wage/salary growth MAY lead to potential unprofitability solely on the basis of one year's profit numbers. That's literally driving forward looking in the rearview mirror because it says very little about how profitable the company would be if it…
Hiding behind "it's complicated" is an over-used excuse to avoid a more critical look at a problem. A one year point is a crude approximation, but it does illustrate the order of magnitude mismatch between what they could pay their employees vs what they actually pay them, which was the short point being made. More broadly, TSMC had no problem shelling out $9.9 billion to shareholders that same year (or $123,000+ per…
Also I wonder what the excuses will be once all the underdeveloped nations do what China did and actually develop. We have a finite number of exploitable countries on the planet with workers willing to work for pennies to assemble products. At SOME POINT this party is going to end, it has to.