Taiwan president urges sincere Micron labor negotiations

• Taiwanese President Lai Ching-te urged Micron Technology (NASDAQ:MU) and its union to negotiate sincerely ahead of a potential strike over a bonus dispute.
• The dispute involves Micron's largest manufacturing hub in Taiwan, where the company employs roughly 15,000 workers.
• Micron plans to continue expanding high-bandwidth memory production in Taiwan, having already sold out its 2027 factory capacity.

Taiwanese President Lai Ching-te called on Micron Technology (NASDAQ:MU) and its workers to negotiate sincerely following union authorization for potential strike action over a bonus scheme dispute.

The labor disagreement escalates tensions across Micron's primary manufacturing hub in Taiwan, where the chipmaker employs 15,000 workers and has invested more than T$1.6 trillion ($49.4 billion).

"We have already sold out all the capacity for 2027 that this factory will build and we expect high-bandwidth memory to grow faster than the rest of the DRAM industry all the way through 2028," said Micron Technology President and Chief Operating Officer Manish Bhatia.

While mediation with the Taoyuan union ended without an agreement in September, negotiations with the Taichung union remain ongoing as workers prepare for an October 19 rally in Taipei.

Taiwan serves as a central manufacturing base for Micron's dynamic random-access memory and high-bandwidth memory products used in artificial intelligence servers.

Micron continues to expand its local assembly and testing footprint on the island with government backing for high-bandwidth memory research and development.