Micron’s Taiwan workers say 68 months’ bonus not enough
Global chip companies have seen their earnings skyrocket, with many workers demanding a bigger cut of profits.
Hundreds of Micron Technology workers in Taiwan have rejected the company's 68-month bonus offer, rallying and threatening a strike. The US chip giant, which produces a majority of its chips in Taiwan, announced last week that employees would receive total rewards equivalent to 35-68 months of pay, with a minimum cash compensation of NT$1.7 million (US$53,200) for fiscal 2026.
However, workers argue the package is insufficient. Union representatives are seeking a one-time bonus of 83 months of salary, plus a permanent system allocating 15% of the company's operating profits to worker bonuses, paid quarterly instead of annually. The demand follows similar disputes at South Korean chipmaker Samsung, which agreed to distribute bonuses equivalent to 10.5% of operating profit to semiconductor employees.
Micron's Taiwan workforce is crucial for maintaining momentum in the memory chip market, as demand for silicon components used in artificial intelligence technology soars.
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- Micron’s Taiwan workers say 68 months’ bonus not enough freemalaysiatoday.com