News of young employees dying from overwork at major Chinese tech companies are not unheard of. Last December, a 22-year-old female employee at e-commerce giant Pinduoduo died after working long hours past midnight. China's intense efforts at increasing national competences in new and advanced technologies have seen it moving up the value chain from a low-cost manufacturer to an innovator in science and technology. But is the “996 culture” of working from 9 am to 9 pm, six days a week, feasible and sustainable?
Taiwan’s semiconductor industry has been making waves not just domestically, but internationally. Zaobao correspondent Woon Wei Jong examines why for Taiwan, strategically and economically, possessing advanced semiconductor technology is as good as striking gold.
China’s manufacturing sector is known to be the “world’s factory”, and its scale is unrivalled. However, Chinese academic Chen Hongbin notes that this manufacturing behemoth is not as strong as it seems.
In anticipation of China’s 14th Five-Year Plan kicking in next year, commentator David Ng examines how the proposals will affect the direction of China’s economic growth, as well as China-US competition, and in turn shift the global order.
Both the mainland and Taiwan are aware of the need to wrestle for top research talents and spur their semiconductor industries to greater heights. Taiwanese firms in particular have made great strides over the years. With mainland Chinese companies scrambling to counter suppressive moves by the US, access to Taiwanese talent and expertise will be of even greater economic and political importance.
Amid international supply chain restrictions that have stalled China’s chip manufacturing industry, Chinese companies are heeding the country’s clarion call to quickly skill up and help China achieve self-reliance in the field. With all and sundry throwing their hats into the ring, it seems that the country’s currently counting more on enthusiasm, rather than expertise, to make it happen. Will this mean more haste, less speed?
Kwek So Cheer warns that Singapore faces the risk of being irrelevant in a new world going through a fourth industrial revolution. In that respect, it has much to learn from China, who plays a leading role when it comes to advanced technologies such as Artificial Intelligence, 3D printing and the Internet of Things.