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Micron Taiwan union throws in the towel, admits ‘defeat’ in profit-share fight

TAIPEI, Nov 12 — A union representing workers at a Micron Technology plant in Taiwan said Thursday it will pull ou...

Micron Taiwan union throws in the towel, admits ‘defeat’ in profit-share fight

Taipei, November 12 - The union representing workers at a Micron Technology plant in Taiwan has conceded defeat in their struggle for a new profit-sharing deal with the US chip giant. The union announced it will withdraw from further negotiations following their loss. As revenues for companies like Micron surged due to global demand for chips used in AI data centers, workers demanded a larger portion of the profits.

Micron, which manufactures about half of its memory chips in Taiwan, had been engaged in talks with a union representing hundreds of staff at its Taoyuan facility. Over 2,000 employees threatened to strike, pushing for a greater share of the company’s earnings. Ultimately, only a few workers went on strike for a single day. The union acknowledged in a statement that their campaign for a profit-sharing system had not succeeded and they must persist with their efforts.

They stated that they will no longer participate in negotiations scheduled for November 17. Meanwhile, at Micron’s larger plant in Taichung, the union representing thousands of workers signed an agreement with the company last month after reaching an agreement on several matters. Micron agreed to a quarterly profit-sharing bonus system, in addition to an annual bonus, and an increased pension contribution, according to a joint statement. Micron Taiwan Chairman Lu Donghui confirmed the agreement.

Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at malaymail.com →

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