Business
Inside the race to train more workers in the chip-making capital of the world
Build the technology of the future. Protect the nation from attack. Buy a sports car.
These were some of the rewards of working in the semiconductor industry, 200 high school students learned at a recent daylong recruiting event for one of Taiwan’s top engineering schools.
“Taiwan doesn’t have many natural resources,” Morris Ker, the chair of the newly created microelectronics department at National Yang Ming Chiao Tung University told the students. “You are Taiwan’s high-quality ‘brain mine.’ You must not waste the intelligence given to you.”
The island of 23 million people produces nearly one-fifth of the world’s semiconductors, microchips that power just about everything — home appliances, cars, smartphones and more. Furthermore, Taiwan specializes in the smallest, most advanced processors, accounting for 69% of global production in 2022, according to the Semiconductor Industry Assn. and the Boston Consulting Group.
But a pandemic-induced chip shortage, along with rising geopolitical tensions in Asia, have highlighted the fragility of the current supply chain — and its reliance on an island under the specter of a takeover by China.
Across the U.S., Japan, South Korea, Taiwan and China, the semiconductor industry is already short hundreds of thousands of workers. In 2022, the consulting and financial services giant Deloitte estimated that semiconductor companies would need more than 1 million additional skilled workers by 2030.
Morris Ker, the chair of the microelectronics department at NYCU, gives a presentation on why students should join the semiconductor industry.
(Stephanie Yang / Los Angeles Times)
Seeking to maintain Taiwan’s status as the chip-making capital of the world, the government and several corporations here helped the university — known as NYCU — create the microelectronics department last year to fast-track students into industry jobs. Now the department was recruiting its inaugural class.
Wu Min-han, 20, who sat front row with his mother, didn’t need much convincing.
He had first applied to college to major in mathematics, but dropped out after he lost interest in the subject. Then he read about the new microelectronics program and decided to apply. He’s waiting to hear.
“This department could have a pretty positive impact on my future career prospects,” he said.
Others were torn.
Lian Yu-yan, 18, said that while the new department seems impressive, she’s also interested in majoring in mechanical engineering and photonics. She hopes to find a high-paid tech job after graduating from college, but wants to keep her options open.
Prospective students for a new microelectronics department at NYCU take an entrance exam.
(Xin-yun Wu / For The Times)
Her father, who accompanied her to the event, has worked in the semiconductor industry and sees high growth potential with the evolution of AI. However, that hasn’t done much to persuade his daughter.
“You can’t control Gen Z,” he said with a laugh and a shrug.
Many prospective students competing for the 65 slots in next semester’s program listed salary and job stability among their top considerations. In Taiwan, there are few industries that can compete with semiconductors on pay and prestige.
As the rise of electric vehicles, artificial intelligence and other advanced technologies demand more semiconductors, many nations are making chip self-sufficiency a top priority.
In the U.S., Europe and Asia, governments have announced more than $316 billion in tax incentives for the semiconductor industry since 2021, according to Semiconductor Industry Assn. and the Boston Consulting Group.
A May report by those organizations projected that private companies will spend an additional $2.3 trillion through 2032 to build more facilities that make semiconductors, also known as fabrication plants, or fabs.
NYCU students work on building ECG heart monitors in Thursday evening lab.
(Stephanie Yang / Los Angeles Times)
Meanwhile, the expansion of chip-making capabilities is exacerbating another shortage: in the people trained to make them.
As the global battle for talent heats up and Taiwan loses manufacturing market share, the island has even more incentive to cultivate its next generation of workers.
Known as Taiwan’s “silicon shield,” the semiconductor industry is considered so critical to the global economy that it could deter Beijing, which lays claim to the island democracy, from launching a military assault. Taiwanese often refer to Taiwan Semiconductor Manufacturing Company, the world’s largest chipmaker and a major Apple supplier, as the “sacred mountain protecting the nation.”
In his presentation, Ker gave another example of the industry’s indispensability. When Taiwan’s worst earthquake in a quarter-century hit in April, factory workers were evacuated but quickly returned — a sign, Ker said, of the manufacturing hub’s resilience.
But to Su Xin-zheng, a second-year engineering student at NYCU, the natural disaster response was representative of the drudgery required to keep churning out so many of the world’s chips.
Su Xin-zheng, a second-year student, works on his final project in electronics engineering lab.
(Xin-yun Wu / For The Times)
“People are always on call,” said Su, who added that he would prioritize having leisure time over a hefty salary. “We saw that they all went back in to protect the machines.”
Industry veterans evoke brutal hours and sacrifice when they describe how Taiwan built its semiconductor industry from the ground up. With black humor they speak, metaphorically, of ruining their livers by working through the night.
They fear that the younger generation is less inclined to such punishing work.
In particular, the growing emphasis on work-life balance is eroding interest in jobs at the fabrication plants that Taiwan and TSMC are known for.
For the past two years, labor demand in manufacturing has exceeded that of other parts of the chip-making process, such as designing the circuit boards or packaging them after they are made, according to the local recruitment platform 104 Job Bank. Engineering students enrolled at NYCU said such jobs seemed draining, with lower pay than research or design positions.
Ting Cheng-wei, 23, frequents anonymous online forums to learn more about the salaries and job descriptions at different companies. That’s how he knows that manufacturing positions, which require full-body suits to guard against contamination and 12-hour shifts on two-day rotations, don’t appeal to him.
Students attend a recruitment event for a program created to train the next generation of semiconductor workers.
(Xin-yun Wu / For The Times)
“Working in the fab seems like working as a laborer,” said Ting, a master’s student and teaching assistant at the university. “Why would I work at a fab when I can sit in an office with higher pay?”
He speculated that job shortages at semiconductor plants could be solved by simply offering more money.
That would be enough for 19-year-old Wei Yu-han, who was ambivalent about semiconductors after her first year studying mechanical engineering. After visiting a fab on a school trip, she thought the work seemed straightforward and well-paid.
“I probably just brainwashed myself into liking it,” she said. “I can give up my freedom for money.”
At the end of the introductory seminar, all students in attendance took a short entrance exam as part of their applications. Still, enrollment in the new department is restricted by another squeeze on human resources — Ker added that the school is desperately looking to hire more semiconductor teachers as well.
Special correspondent Xin-yun Wu in Taipei contributed to this report.
Business
How We Cover the White House Correspondents’ Dinner
Times Insider explains who we are and what we do, and delivers behind-the-scenes insights into how our journalism comes together.
Politicians in Washington and the reporters who cover them have an often adversarial relationship.
But on the last Saturday in April, they gather for an irreverent celebration of press freedom and the First Amendment at the Washington Hilton Hotel: The White House Correspondents’ Association dinner.
Hosted by the association, an organization that helps ensure access for media outlets covering the presidency, the dinner attracts Hollywood stars; politicians from both parties; and representatives of more than 100 networks, newspapers, magazines and wire services.
While The Times will have two reporters in the ballroom covering the event, the company no longer buys seats at the party, said Richard W. Stevenson, the Washington bureau chief. The decision goes back almost two decades; the last dinner The Times attended as an organization was in 2007.
“We made a judgment back then that the event had become too celebrity-focused and was undercutting our need to demonstrate to readers that we always seek to maintain a proper distance from the people we cover, many of whom attend as guests,” he said.
It’s a decision, he added, that “we have stuck by through both Republican and Democratic administrations, although we support the work of the White House Correspondents’ Association.”
Susan Wessling, The Times’s Standards editor, said the policy is a product of the organization’s desire to maintain editorial independence.
“We don’t want to leave readers with any questions about our independence and credibility by seeming to be overly friendly with people whose words and actions we need to report on,” she said.
The celebrity mentalist Oz Pearlman is headlining the evening, in lieu of the usual comedy set by the likes of Stephen Colbert and Hasan Minhaj, but all eyes will be on President Trump, who will make his first appearance at the dinner as president.
Mr. Trump has boycotted the event since 2011, when he was the butt of punchlines delivered by President Barack Obama and the talk show host Seth Meyers mocking his hair, his reality TV show and his preoccupation with the “birther” movement.
Last month, though, Mr. Trump, who has a contentious relationship with the media, announced his intention to attend this year’s dinner, where he will speak to a room full of the same reporters he often derides as “enemies of the people.”
Times reporters will be there to document the highs, the lows and the reactions in the room. A reporter for the Styles desk has also been assigned to cover the robust roster of after-parties around Washington.
Some off-duty reporters from The Times will also be present at this late-night circuit, though everyone remains cognizant of their roles, said Patrick Healy, The Times’s assistant managing editor for Standards and Trust.
“If they’re reporting, there’s a notebook or recorder out as usual,” he said. “If they’re not, they’re pros who know they’re always identifiable as Times journalists.”
For most of The Times’s reporters and editors, though, the evening will be experienced from home.
“The rest of us will be able to follow the coverage,” Mr. Stevenson said, “without having to don our tuxes or gowns.”
Business
MrBeast company sued over claims of sexual harassment, firing a new mom
A former female staffer who worked for Beast Industries, the media venture behind the popular YouTube channel MrBeast, is suing the company, alleging she was sexually harassed and fired shortly after she returned from maternity leave.
The employee, Lorrayne Mavromatis, a Brazilian-born social media professional, alleges in a lawsuit she was subjected to sexual harassment by the company’s management and demoted after she complained about her treatment. She said she was urged to join a conference call while in labor and expected to work during her maternity leave in violation of the Family and Medical Leave Act, according to the federal complaint filed Wednesday in the U.S. District Court for the Eastern District of North Carolina.
“This clout-chasing complaint is built on deliberate misrepresentations and categorically false statements, and we have the receipts to prove it. There is extensive evidence — including Slack and WhatsApp messages, company documents, and witness testimony — that unequivocally refutes her claims. We will not submit to opportunistic lawyers looking to manufacture a payday from us,” Gaude Paez, a Beast Industries spokesperson, said in a statement.
Jimmy Donaldson, 27, began MrBeast as a teen gaming channel that soon exploded into a media company worth an estimated $5 billion, with 500 employees and 450 million subscribers who watch its games, stunts and giveaways.
Mavromatis, who was hired in 2022 as its head of Instagram, described a pervasive climate of discrimination and harassment, according to the lawsuit.
In her complaint, she alleges the company’s former CEO James Warren made her meet him at his home for one-on-one meetings while he commented on her looks and dismissed her complaints about a male client’s unwanted advances, telling her “she should be honored that the client was hitting on her.”
When Mavromatis asked Warren why MrBeast, Donaldson, would not work with her, she was told that “she is a beautiful woman and her appearance had a certain sexual effect on Jimmy,” and, “Let’s just say that when you’re around and he goes to the restroom, he’s not actually using the restroom.”
Paez refuted the claim.
“That’s ridiculous. This is an allegation fabricated for the sole purpose of sparking headlines,” Paez said.
Mavromatis said she endured a slate of other indignities such as being told by Donaldson that she “would only participate in her video shoot if she brought him a beer.”
“In this male-centric workplace, Plaintiff, one of the few women in a high-level role, was excluded from otherwise all-male meetings, demeaned in front of colleagues, harassed, and suffered from males be given preferential treatment in employment decisions,” states the complaint.
When Mavromatis raised a question during a staff meeting with her team, she said a male colleague told her to “shut up” or “stop talking.”
At MrBeast headquarters in Greenville, N.C., she said male executives mocked female contestants participating in BeastGames, “who complained they did not have access to feminine hygiene products and clean underwear while participating in the show.”
In November 2023, Mavromatis formally complained about “the sexually inappropriate encounters and harassment, and demeaning and hostile work environment she and other female employees had been living and experiencing working at MrBeast,” to the company’s then head of human resources, Sue Parisher, who is also Donaldson’s mother, according to the suit.
In her complaint, Mavromatis said Beast Industries did not have a method or process for employees to report such issues either anonymously or to a third party, rather employees were expected to follow the company’s handbook, “How to Succeed In MrBeast Production.”
In it, employees were instructed that, “It’s okay for the boys to be childish,” “if talent wants to draw a dick on the white board in the video or do something stupid, let them” and “No does not mean no,” according to the complaint.
Mavromatis alleges that she was demoted and then fired.
Paez said that Mavromatis’s role was eliminated as part of a reorganization of an underperforming group within Beast Industries and that she was made aware of this.
Business
Heidi O’Neill, Formerly of Nike, Will Be New Lululemon’s New CEO
Lululemon, the yoga pants and athletic clothing company, has hired a former executive from a rival, Nike, as its new chief executive.
Heidi O’Neill, who spent more than 25 years at Nike, will take the reins and join Lululemon’s board of directors on Sept. 8, the company announced on Wednesday.
The leadership change is happening during a tumultuous time for Lululemon, which had grown to $11 billion in revenue by persuading shoppers to ditch their jeans and slacks for stretchy leggings. But lately, sales have declined in North America amid intense competition and shifting fashion trends, with consumers favoring looser styles rather than the form-fitting silhouettes for which Lululemon is best known.
“As I step into the C.E.O. role in September, my job will be to build on that foundation — to accelerate product breakthroughs, deepen the brand’s cultural relevance, and unlock growth in markets around the world,” Ms. O’Neill, 61, said in a statement.
Lululemon, based in Vancouver, British Columbia, has also been entangled in a corporate power struggle over the company’s future. Its billionaire founder, Chip Wilson, has feuded with the board, nominated independent directors and criticized executives.
Lululemon’s previous chief executive, Calvin McDonald, stepped down at the end of January as pressure mounted from Mr. Wilson and some investors. One activist investor, Elliott Investment Management, had pushed its own chief executive candidate, who was not selected.
The interim co-chiefs, Meghan Frank and André Maestrini, will lead the company until Ms. O’Neill’s arrival, when they are expected to return to other senior roles. The pair had outlined a plan to revive sales at Lululemon, promising to invest in stores, save more money and speed up product development.
“We start the year with a real plan, with real strategies,” Mr. Maestrini said in an interview this year. “We make sure decisions are made fast.”
Lululemon said last month that it would add Chip Bergh, the former chief executive of Levi Strauss, to its board to replace David Mussafer, the chairman of the private equity firm Advent International, whom Mr. Wilson had sought to remove.
Ms. O’Neill climbed the organizational chart at Nike for decades, working across divisions including consumer sports, product innovation and brand marketing, and was most recently its president of consumer, product and brand. She left Nike last year amid a shake-up of senior management that led to the elimination of her role.
Analysts said Ms. O’Neill would be expected to find ways to energize Lululemon’s business and reset the company’s culture in order to improve performance.
“O’Neill is her own person who will come with an agenda of change,” said Neil Saunders, the managing director of GlobalData, a data analytics and consulting company. “The task ahead is a significant one, but it can be undertaken from a position of relative stability.”
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