Micron Technology is under growing pressure from its workers, as a possible strike could happen soon at one of its factories in Taiwan.
Micron’s shares fell a little in premarket trading on Tuesday.
Micron’s employees in Taiwan want the company to offer a profit-sharing plan similar to what SK Hynix and Samsung Electronics provide. Tensions are rising, and on Monday, the union at Micron’s Taoyuan plant said it will prepare for a strike vote if current mediation does not lead to a deal, according to local Taiwanese media.
Micron recently announced new pay packages for its production workers in Taiwan, worth between 35 and 68 months of base salary for fiscal 2026. Still, the unions want to change the current incentive plan to one that gives 15% of operating profit as employee bonuses. The Taoyuan union said Micron has refused to discuss this proposal in two mediation sessions.
Micron is based in the U.S., but much of its manufacturing happens in Taiwan. In January, the company said it had agreed to buy another chip factory in Taiwan for $1.8 billion.
