US company “Micron” to pay record sums to employees threatening to strike in Taiwan

US company "Micron" to pay record sums to employees threatening to strike in Taiwan

“Taiwanese direct employees working for us will receive payments equivalent to 35–68 months of wages, and the minimum cash compensation for the 2026 fiscal year will be 1.7 million new Taiwan dollars (53,700 US dollars),” the Micron statement said.

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Global chip manufacturing companies, including Micron, are the main beneficiaries of the growing demand for artificial intelligence technologies, so as their profits grow, many employees are demanding a larger share of the profits.

Micron announced that it recorded a record revenue of 41.5 billion US dollars in the third quarter of the fiscal year.

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Micron, which produces about 50–60 percent of its microchips in Taiwan, is negotiating with two trade unions representing nearly 12,000 of the approximately 15,000 employees working at its two factories in the country.

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Translated from

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