Micron reaches deal with Taichung union as Taoyuan warning strike remains unclear
The memory chipmaker reached an agreement with the union at its largest site in Taiwan. A second union initially stuck to its plan for a warning strike on Thursday.
Archive image · Photo: Thingreenline4546 / Wikimedia Commons, CC BY-SA 4.0 (cropped and resized)
US memory chipmaker Micron has reached an agreement with the union at its largest Taiwanese site in Taichung. The two sides reached an agreement on Wednesday and withdrew from a mediation hearing scheduled for Thursday, Reuters reported. Terms of the deal were not disclosed; employees are to be briefed separately.
It remained unclear whether a different union at the Taoyuan site would go ahead with a one-day warning strike planned for Thursday over bonuses and profit sharing. According to TipRanks, citing Reuters, the union is demanding that 15% of Micron's operating profit go to employees. The Taoyuan union had not commented by the time the reports were published.
Micron employs about 15,000 people in Taiwan, where it makes DRAM and HBM memory chips for AI servers; according to Reuters, the HBM chips made in Taiwan are crucial to the AI boom. Samsung Electronics and SK Hynix are the other leading makers of such chips.