From The Motley Fool · Daniel Sparks · · 1m 10s
Taiwan Micron Union Votes 99% for Strike
Taiwan Micron union votes 99% to authorize strike over profit split.
In brief
Taiwan Micron union votes 99% to authorize strike over profit split. Taiwan Micron union voted 99% to authorize strike over profit split but stock remains stable. Originally reported by The Motley Fool.
Taiwan Micron Union Vote
Workers at Micron Technology in Taiwan voted 99% to authorize a strike over profit split.
“99% of the ballots cast”
Strike Date Uncertain
No strike date set; union asked members to take Monday, Oct. 19 off for rally in Taipei.
“Monday, Oct. 19”
Union Demands 15% Profit Share
Union wants permanent system giving 15% of Micron's operating profit to workers.
“15% of Micron's operating profit”
CEO Raises Incentives
CEO Sanjay Mehrotra raised fiscal 2026 incentive pay for all employees worldwide.
“fiscal 2026 incentive pay”
Taiwan's Labor Pressure
Taiwan's labor ministry urged Micron to offer concrete, feasible proposals for strike resolution.
“concrete, feasible proposals”
President Lai Calls for Negotiation
President Lai Ching-te called for sincere negotiation at Micron's new Taichung plant opening.
“Oct. 15”
Taiwan Matters for Micron
Taiwan holds 73% of Micron's revenue and 43% of long-lived assets.
“73% of total revenue”
Strike Risk for Deliveries
Labor disruptions could impair delivery schedules under strategic customer agreements.
“labor disruptions could impair delivery schedules”
At a glance
Taiwan Micron union voted 99% to authorize strike over profit split but stock remains stable.
