China’s AI and chip firms are handing out shares to keep their engineers
Chinese chip companies are running unusually broad equity schemes to keep engineers, with Cambricon covering 85.3% of its workforce and AMEC more than 97%. Europe’s semiconductor sector has a talent gap estimated at 65,000 workers.
Chinese chip companies are giving away equity at a scale that looks less like a bonus scheme and more like a defensive measure. Cambricon has unlocked around 600,000 shares for 124 core staff, worth an average of 5.57mn yuan each, or about $828,000.
The breadth is the more striking number. The same company has granted 5mn shares to 944 employees, which is 85.3% of its workforce, in a plan running to 2028.
It is not alone in that approach. Zhongji InnoLight, which makes optical transceivers for AI data centres, allocated 2.48mn shares to 99 key personnel with average yields above 26mn yuan, and the chip equipment maker AMEC has a restricted stock plan covering more...
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