10°

China labor salary hikes will not have long term affects on profits, says MSI chairman

Micro-Star International (MSI) chairman Joseph Hsu has indicated that the recent rise in monthly salaries in China will not affect the company's profit in the long term as all companies will eventually face pressure to raise wages and the increased costs for personnel will be reflected in end-product prices.

Hsu noted that MSI's salary level in China has always been above the standard and the company even increased its monthly salary by about 15-20% when the labor shortages first happened in the first quarter. Meanwhile, the company claimed it also provides better employee welfare than most other firms.

To handle the salary trend, MSI has already planned some measures that will suit local government policies, and has not yet experienced any employee protests, Hsu noted.

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digitimes.com
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Community5060d ago
70°

This Mercedes-branded MSI laptop puts the AMG in gaming

No, it's not made of carbon fiber, but the Stealth 16 Mercedes-AMG Motorsport does have a push-button ignition.

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acceleramota.com
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Community313d ago
70°

A limited number of buyers can get MSI MEG Z690 Godlike as it gears up for release

According to recent reports, MSI has disclosed its flagship MEG Z690 Godlike back in December 2021. However, it is recently getting around to releasing it.

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techacrobat.com
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Community800d ago
60°

The MSI Creator Z16 Brings Performance and Style to Creators

MSI has long made a name for themselves with gaming, building PC’s and laptops that deliver power, performance and style. The same is true with the new MSI Creator Z16.

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cgmagonline.com
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Community850d ago