Micron says Taiwanese workers to get up to 68 months’ pay after strike threat

In an unprecedented move, Micron Technology, the leading US memory chip manufacturer, has announced that its Taiwan-based employees will receive up to 68 months' worth of pay, should they call for a strike in protest of the company's outdated bonus structure. This generous offer comes as the global demand for artificial intelligence (AI) technology continues to skyrocket, driving substantial profits for the industry's key players.

Workers representing nearly 12,000 out of Micron's 15,000-strong workforce at its Taoyuan and Taichung facilities in Taiwan will be eligible for the substantial payouts, with a minimum cash compensation of T$1.7 million (US$53,700) for the fiscal year 2026. This generous package, which includes total reward values ranging from 35 to 68 months' pay, shows Micron's commitment to addressing workers' concerns and ensuring fair treatment in the face of rising earnings.

The company, which produces approximately 50-60% of its chips in Taiwan, has been actively engaging in negotiations with the two labor unions representing the affected staff. These talks aim to resolve the dispute over the bonus system and pave the way for a mutually beneficial agreement between Micron and its employees.