ChainCatcher report, according to Reuters, unions at Micron’s facilities in Taoyuan and Taichung, Taiwan, are preparing for a strike. The unions claim to represent nearly 10,000 of Micron’s approximately 15,000 employees at these locations, with internal surveys showing over 80% of members support the strike. The core labor dispute centers on bonus distribution—the union argues that the current incentive plan fails to adequately reflect the company’s profitability and is demanding a one-time additional bonus for this fiscal year, as well as a shift starting in fiscal year 2027 to quarterly profit-sharing payments equal to 15% of operating profits. Micron previously responded that it would issue its highest-ever performance bonuses, but the union contends the company has not sufficiently explained how performance metrics are calculated and suggests they are more closely tied to revenue than to profits. As the world’s third-largest memory chip manufacturer, Micron reported $41.46 billion in revenue and $28.24 billion in net profit for its third fiscal quarter, with a market capitalization of approximately $1.1 trillion. Taiwan is Micron’s largest manufacturing base, with cumulative investments of NT$1.4 trillion, producing DRAM and HBM. A strike could disrupt global memory chip supply. The Taichung Science Park Administration has stated it is closely monitoring the situation and has prepared labor-management mediation mechanisms. Previously, Samsung’s union also made similar profit-sharing demands and, after negotiations, secured a special bonus pool equivalent to 10.5% of the chip division’s operating profits.
Micron to Offer Record Performance Bonuses to Prevent Strike in Taiwan
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Micron is offering record performance bonuses to prevent strikes by unionized workers in Taiwan, where 80% of union members support walkouts over bonus disputes. The company reported $41.46 billion in Q3 revenue and a $28.24 billion profit, with altcoins to monitor closely amid market volatility. The Fear & Greed Index shows mixed signals as investors watch for potential supply disruptions. The union is demanding clearer performance metrics and a 15% quarterly share of profits starting in 2027. Micron’s $1.1 trillion market cap and $140 billion in local investments are at risk if negotiations fail.
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