Micron Workers in Taiwan Seek Higher Bonuses Amid Record Profits
Labor unions representing nearly 10,000 workers at Micron Technology (NASDAQ:MU) in Taoyuan and Taichung, Taiwan, are considering strike action unless the company revises its bonus system. The unions want a one-time bonus of about eight months' salary for fiscal 2026 and propose allocating 15% of operating profit to quarterly bonuses starting from fiscal 2027. Micron's Taiwan office stated that this year’s payout will be the highest in company history but has not yet agreed to union demands. Micron reported record third-quarter revenue of $41.46 billion and GAAP net income of $28.24 billion, with gross margin reaching 84.6%. The firm expects around $50 billion in revenue for the next quarter, giving it financial flexibility to negotiate without jeopardizing growth plans. CEO Sanjay Mehrotra highlighted new multi-year Strategic Customer Agreements and strong AI-memory demand as factors supporting future results. Taiwan is Micron’s largest manufacturing base with over $43.9 billion invested there. A strike could disrupt supply, especially for DRAM and high-bandwidth memory chips in tight markets. However, the company's global footprint offers some operational flexibility.
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