Micron Taiwan employees threaten strike over profit-sharing demands

A preliminary survey shows 80% of Micron workers in Taiwan support a strike if the company doesn't change its bonus system. The labor union wants a profit-sharing scheme similar to Samsung and SK hynix, which pay out 10% or more of profits. Formal mediation talks are expected by mid-September before an official strike vote.

Micron's Taiwan facilities represent roughly 60% of the company's global production capacity, with most of its high-bandwidth memory output originating there. The company's most recent earnings showed net income of $28.24 billion on revenue of $41.46 billion, with the Cloud Memory Business Unit alone contributing more than a third of total revenue.

The dispute follows a precedent set earlier this year when Samsung narrowly avoided a strike by offering foundry workers bonuses reaching up to $400,000 per employee. Under Taiwan law, formal mediation must occur before an official strike vote, with talks expected to begin by mid-September. Any agreement reached could also create complications for Micron workers in other countries, potentially fostering resentment among employees excluded from the deal.