Taiwan Micron Union Threatens Strike Over Bonus Dispute
The Taiwan Micron Union has challenged the company's claim of a 'maximum 68-month' bonus, labeling it as misleading and based on base salary calculations rather than actual take-home pay. The union demands a systematic profit-sharing plan of 15% of operating profits. If no agreement is reached during mediation meetings scheduled for September 18 and 21, the union will initiate a formal strike vote. Micron stated it will continue to listen to team members and participate in the mediation process. Taiwan facilities account for 60-70% of Micron's global memory production, making any potential labor action a significant concern for the AI memory supply chain.
Summaries are written by AI from the original article. Not investment advice.