22 Sep 2021
Posted in Business Fundamentals
Applied Materials, ASML and Lam Research list over 19,000 jobs in 2021 amid semiconductor crisis, finds GlobalData
The global chip shortage has necessitated semiconductor companies to boost production capacity. Leading data and analytics company GlobalData’s Job Analytics database shows that three NASDAQ-listed wafer fabrication equipment (WFE) manufacturers – Lam Research, Applied Materials and ASML Holding – have ramped up their supply lines to meet growing demand, and this has led to an increase in hiring activity. These three companies collectively advertized around 19,000 jobs between January 2021 and September 2021*.
Ajay Thalluri, Business Fundamentals Analyst at GlobalData, comments: “In efforts to meet demand, Lam Research, Applied Materials and ASML Holding have more than doubled the number of job advertizements in August 2021, compared to 2020. Job postings saw the highest increase in Q2 2021 and continued strong momentum in Q3 2021.”
Thalluri continues: “Interestingly, the pace at which Lam Research, Applied Materials and ASML Holding closed jobs indicates a higher demand for talent in the booming semiconductor fabrication industry. GlobalData’s Job Analytics database highlights that the companies closed around 88% of jobs they posted in 2021 – that is 16,800 positions advertized between January and September 2021.”
Lam Research is ramping up hiring globally, with a particular focus on manufacturing and operations at its Lam Manufacturing Malaysia (LMM) facility. The company listed over 8,000 roles between January and September 2021 across its facilities.
Ajay adds: “Lam Research is implementing a global recruitment process outsourcing (RPO) across each country in the Asia Pacific (APAC) region to meet talent requirements.”
Meanwhile, Applied Materials is hiring engineers to implement manufacturing of new products, both for its semiconductor systems and applied global services (AGS) segments.
Thalluri notes: “Applied Materials is building an inclusive and differentiated workplace. The company is focusing on bettering the value of recruitment initiatives by improving university relations programs. It is also perpetuating recruitment for key roles with outside firms.”
A role listed by Applied Materials for a ‘Vice President Culture of Inclusion’ suggests that the increase in talent requirement could lead to a ‘talent war’. Through the CHIPS for America Act enacted in 2021, the US Government will provide $50bn subsidies to chip manufacturers. Applied Materials expects that over 150,000 new jobs could be created in the next five to seven years and cause a talent shortage.
ASML increased hiring in the Netherlands, the US and Taiwan, listing roles dedicated to building close relations with Intel stakeholders – as shown by its ‘Intel Focus Director, Customer Support’ role. Additionally, the company’s hiring is in line with its 2025 business strategy for long-term supplier collaboration. The company is looking to partner with third-party and internal recruiting teams to execute hiring plans.
Note – Data updated to September 16, 2021