That's the policy. But the effect is that TSMC doesn't need to raise salaries to retain workers, they can rely on the government to prevent the workers from being recruited in the first place.
(edit: Can I say how amazingly hilarious it is watching all these notionally free-marketeer libertarians who believe in just compensation rush in to explain why it's totally OK for the Taiwanese government to shamelessly restrain trade as long as they're trying to stick it to the PRC?)
(edit: Can I say how amazingly hilarious it is watching all these notionally free-marketeer libertarians who believe in just compensation rush in to explain why it's totally OK for the Taiwanese government to shamelessly restrain trade as long as they're trying to stick it to the PRC?)