Samsung Electronics and SK Hynix are said to be planning to expand their job hiring in the coming days. The South Korean companies were forced to look and hire more people as the demand for chips around the world has surged.
Samsung and SK Hynix boost job recruitment
As per The Korea Times, both Samsung and SK are now in the process of recruiting experienced engineers who will be assigned for the manufacturing of memory chips. This move is in response to the large-scale demand for chips.
The companies are looking for professionals with engineering backgrounds and know the image sensor businesses. The requirement for a larger workforce is to have people fill in as Samsung and SK increase their work productions for semiconductor products.
The expansion of the workforces is also expected to help the tech companies in securing top rankings in their respective markets since being able to respond to the demands in the business, coupled with good quality, can surely make a company the best in the field. Moreover, if Samsung and SK can increase their capacity to supply, they will definitely have more chances to get the bigger slice in the IT markets.
"Samsung and SK are seeking to improve their competitiveness in the system semiconductor sector and especially the foundry business,” Lee Jong Hwan, a semiconductor engineering professor at Sangmyung University, stated. “To be better players, they will need more engineers as a chip company usually needs around 10,000 employees when launching a new chip-production line and most of the workers are comprised of engineers."
The demand for chips worldwide
The chip shortage has been closing out businesses worldwide. In fact, many car manufacturers have already shut down some of their plants as the building of vehicles cannot proceed without the needed chips.
Semiconductor companies were not able to supply requirements for chips in the tech and electronics market because the COVID-19 pandemic has also affected their businesses. And now that people are trying to slowly resume a normal life, companies are also trying to recover their losses by going back to work.
In this case, as Samsung and SK return to the production of chips, they are prioritizing the companies in the auto, home appliances, and IT devices. Finally, with the expanded job hiring, these firms are hoping to produce the needed semiconductor products to help not just their own business but other companies to recover.


Anthropic Restores Claude Fable 5 and Mythos 5 After U.S. Lifts AI Export Controls
South Korea Warns Won Is Undervalued, Boosts FX Coordination With Japan
EU Chip Industry Faces Growing Risks From China Export Controls and U.S. Technology Dependence: Report
New Zealand Consumer Confidence Rises in June as Inflation Expectations Ease
Wall Street Ends Mixed as Weak Jobs Data Lowers Fed Rate Hike Bets, Chip Stocks Tumble
Asian Stocks Slide as Chip Shares Tumble Ahead of Key U.S. Jobs Report
SoftBank’s LY Corp, Bain Raise Kakaku.com Bid to ¥670 Billion, Intensifying Takeover Battle
Switch Seeks $2 Billion Funding at Nearly $50 Billion Valuation Ahead of Potential IPO
US Jobs Report Preview: June Payroll Growth Seen Slowing as Fed Rate Decision Looms
South Korea Alleges Google Abused Android App Store Dominance, Eyes Major Fine
Oil Prices Steady as U.S.-Iran Talks Ease Supply Fears Ahead of Holiday Weekend
Asian Currencies Stay Under Pressure as Dollar Holds Near 13-Month High Ahead of U.S. Jobs Report
US Dollar Rises as Fed Rate Outlook Stays Hawkish, Euro Slips and Yen Near 40-Year Low
South Korean Stocks Tumble as AI Chip Selloff Hits Asian Markets
Trump Reports $1.4 Billion in Crypto Income as Digital Assets Become Top Wealth Source
Turkey Vehicle Sales Fall 11.4% in June as Auto Market Weakens
Gold Price Holds Above $4,000 as Fed Rate Hike Expectations and U.S. Jobs Data Weigh on Market 



