Bearish
Micron's Taiwan workers back strike over bonus pay; formal talks set for mid-September.
Micron Technology's Taiwan-based employees are increasingly supporting a potential strike over bonus pay, with 80% backing the move. The labor union demands a shift to a profit-sharing model, similar to those at Samsung and SK hynix, amid Micron's record financial performance. Formal mediation talks are expected to begin by mid-September, as required under Taiwanese law before a formal strike vote can be held.
Key points
- Micron's Taiwan workers support strike over bonus pay; formal talks set for mid-September.
Sources
AI-generated from public news sources. Not financial advice.
