TSMC’s Q2 employee bonuses rise more than 50% year-on-year

Taiwan Semiconductor Manufacturing Co. (TSMC) has increased its second-quarter employee bonuses by more than 50 percent from a year earlier, as the world’s largest contract chipmaker posted record earnings in the three-month period, Focus Taiwan CNA English News reported. TSMC distributed its second-quarter bonuses to employees on Friday. According to the chipmaker’s financial data, employee bonuses for the April-June period totaled NT$36 billion (US$1.14 billion), up more than 50 percent from a year earlier. During the April-June period, TSMC posted NT$706.56 billion in net profit, up 77.4 percent from a year earlier and 23.4 percent from a quarter earlier, according…