Unions representing Micron Technology workers in Taiwan's Taoyuan and Taichung facilities are preparing to strike, according to Reuters. The unions claim to represent nearly 10,000 of the company's roughly 15,000 employees at the two sites, with an internal survey showing over 80% of members supporting industrial action.
The labor dispute centers on compensation. The unions argue that the current incentive plan does not adequately reflect the company's profitability. They are demanding a one-time extra bonus for the current fiscal year and a quarterly profit-sharing plan starting in fiscal 2027, amounting to 15% of operating profit. Micron has responded by stating it will pay the highest-ever performance bonuses, but the unions say the company has not fully explained how the bonuses are calculated and that the formula appears tied more closely to revenue than profit.
Micron, the world's third-largest memory chipmaker, reported strong financial results for its third fiscal quarter: revenue of $41.46 billion and net income of $28.24 billion, with a market capitalization of approximately $1.1 trillion. Taiwan is Micron's largest manufacturing hub, with cumulative investments of NT$1.4 trillion, producing DRAM and HBM chips. A strike could disrupt the global supply of memory chips.
Taichung Science Park Administration has stated it is closely monitoring the situation and has prepared labor mediation mechanisms. The move echoes similar demands by Samsung's union, which after negotiations secured a special bonus pool equivalent to 10.5% of the chip division's operating profit.