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June, 26, 2016

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Largan to offer 1,000 new jobs to meet expansion needs

TAIPEI --Largan Precision Industry Co., a Taiwan-based cellphone camera lens maker, announced yesterday it will recruit about 1,000 new employees for its facilities located in the Central Taiwan Science Park to meet needs for production expansion.

The offering of new job openings by Largan cast a sharp contrast to a plan released by memory chip maker ProMOS Technologies Inc. a day earlier to lay off more than 1,300 employees, including 1,200 in the central science park and 160 in the Hsinchu Science Park.

ProMOS' workforce reduction plan, which is scheduled to begin Oct. 19, is part of its financing restructuring efforts to offset the global dynamic random access memory (DRAM) sector's down cycle, which has seen chip prices plunge amid a supply glut.

The camera lens supplier said the company has never stopped seeking new employees as it needs more manpower to handle growing orders placed by its customers.

It said a new factory located in the central science park is scheduled to operate in the fourth quarter, and the latest round of its recruitment efforts was designed to facilitate production of the new plant.

Market analysts said the production expansion of Largan, one of the local high-tech firms in the Apple supply chain, is the result of an increase in orders from the U.S. consumer electronics giant, which has launched the highly anticipated iPhone 5 in the market.

Largan said it will join up with the administration bureau of the central science park to hold a job fair Oct. 18, which will help the affected ProMOS employees land new jobs.

A day earlier, Yang Wenke, director of the science park's administration bureau, said the park will provide as much assistance as it can to help the troubled ProMOS employees get through their difficulties.

In addition to Largan, the local media reported that other high-tech heavyweights, such as the world's largest contract chipmaker Taiwan Semiconductor Manufacturing Co. and integrated circuit packaging and testing services provider Siliconware Precision Industries Co., will seek employees at the upcoming job fair.

The central science park said it is compiling the number of new job openings offered by companies that run plants in the industrial zone, and will release the figure early next week.

Currently, the high-tech firms located in the central science park hire about 28,000 employees.

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