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junko.yoshida
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re: Yoshida in Japan: Renesas exodus is GloFo’s gain
junko.yoshida   2/15/2013 5:09:58 PM
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iniewski, that's a good question. The rumor I heard, but not confirmed, is that if you are a professional engineer currently paid $100K, you get $100K for retirement money + $200K as an incentive for early retirement. That, indeed, ain't bad at all.

GQQSER2
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re: Yoshida in Japan: Renesas exodus is GloFo’s gain
GQQSER2   2/15/2013 5:00:43 PM
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"These engineers are getting prepped to be sent to New York as an initial batch, with as many as another 100 to 200 to follow, the source said." Sounds almost like we're talking about products instead of people.

krisi
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CEO
re: Yoshida in Japan: Renesas exodus is GloFo’s gain
krisi   2/15/2013 3:50:09 PM
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What kind of pension you get for forced retirements at the age of 40+ in Japan? Perhaps this is not as bad as it sounds...lots of free time to pursue other interests in life

junko.yoshida
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re: Yoshida in Japan: Renesas exodus is GloFo’s gain
junko.yoshida   2/15/2013 1:17:45 PM
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You are absolutely right. If you're talking about percentage, it's probably negligible. But think about Major League Baseball. 20 years ago, only Nomo and a few other Japanese players were playing in the US. It's still a small percentage but more Japanese ball players are visible in the US today. Unlike Chinese, Japanese never had a diaspora. But you may start seeing more skilled Japanese semi professionals soon outside Japan.

eewiz
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CEO
re: Yoshida in Japan: Renesas exodus is GloFo’s gain
eewiz   2/15/2013 6:38:40 AM
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"No official data has been released about how many Japanese semiconductor engineers have already left their employers and are currently working at non-Japanese companies in South Korea, Taiwan or in China. Some suspect that there are many." I would love to see the data if any. But I suspect there arent many. Over the past few years I guess atleast 100K people would have been displaced from their jobs in semi/CE sector. The few 100's hired by GloFo is probably only a very small % of the displaced workers. In addition,based on my experience of working for a semi company in Japan, most semi engineers doesnt speak English, which is also a major hurdle for relocation.

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