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Micron's Taiwan workers to get rewards worth up to 68 months of pay
Micron said the payouts are its strongest ever after an extraordinary year and will go to more than 60,000 employees worldwide.
On Friday, Sep 11, Micron Technology announced direct labor employees in Taiwan will receive bonuses equaling 35 to 68 months of pay plus equity grants after the chipmaker enjoyed what it described as an extraordinary year.
The move addresses demands from unions in Taoyuan, which signaled strike support after mediation failed last week amid Micron's strong profits from the AI boom.
Entry-Level engineers will receive total rewards averaging NT$3.4 million, including NT$2.9 million in cash compensation, with staff hired before Aug 29, 2025, receiving a NT$1 million bonus.
Micron hopes to avoid a labor crisis similar to the 18-day strike Samsung Electronics faced in May, though the unions did not immediately respond to the offer.
The Boise, Idaho-based firm has invested more than NT$1.6 trillion in Taiwan, facing pressure to share AI-boom wealth similar to Taiwan Semiconductor Manufacturing's 30 percent profit-sharing pledge.
(Seoul = Yonhap News) Reporter Joo Jong-guk = U.S. semiconductor company Micron Technology offers local employees in Taiwan a cash bonus of 1 million Taiwanese dollars (approximately 42.5 million won)...