Tag

Taiwan Labor Dispute

All articles tagged with #taiwan labor dispute

Micron Faces Ongoing Taiwan Labor Tensions Despite Massive Bonus Push
finance23 hours ago

Micron Faces Ongoing Taiwan Labor Tensions Despite Massive Bonus Push

Micron Technology is still grappling with a Taiwan labor standoff even after offering record 68‑month bonuses to thousands of workers (about 15,000 in Taiwan of 60,000 global recipients; unions represent roughly 10,000 Taiwan‑based employees seeking a bonus pool equal to 15% of operating profit). The company has invested heavily in Taiwan (over NT$1.6 trillion) while posting solid fundamentals: Q3 revenue of about $41.46 billion, ~80% operating margin, and $18.3 billion in adjusted free cash flow, with the stock around $979 as talks continue and production risk persists for AI-memory supply.