Principal Engineer Semiconductor salary in Iceland

Average Yearly Salary of Principal Engineer Semiconductor in Iceland is approximately 27,437,572 ISK (191,776 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Principal Engineer Semiconductor do?

A principal engineer in the semiconductor industry is a highly skilled and experienced professional responsible for overseeing the design, development, and implementation of semiconductor devices and systems. They play a crucial role in the research and development of new technologies, ensuring the efficient and effective production of high-quality semiconductors. Their primary responsibilities include leading a team of engineers, conducting feasibility studies, designing and optimizing semiconductor processes, and collaborating with cross-functional teams to ensure successful project completion. Principal engineers also provide technical guidance, perform complex analyses, and troubleshoot issues to improve product performance and reliability.

Skills: Principal Engineer, Semiconductor Industry, Research and Development, Semiconductor Devices, Process Optimization, Project Management
Job industry: Semiconductor

How much does Principal Engineer Semiconductor make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Principal Engineer Semiconductor a well paid job?

Yes, our data show that Principal Engineer Semiconductor is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Principal Engineer Semiconductor?

High salary for Principal Engineer Semiconductor would be somewhere between 30,181,329 ISK and 39,784,479 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Principal Engineer Semiconductor in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 27,437,572 ISK
Estimated Monthly Salary: 2,286,464 ISK
Estimated Weekly Salary: 527,646 ISK per week
Estimated Hourly Salary: 13,191 ISK per hour
By working as Principal Engineer Semiconductor a person can save up to 13,253 USD per month or 159,030 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Principal Engineer Semiconductor

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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