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BackMicron expands shout card! Labor negotiations continue on 11/17 Zhang Shanzheng hopes to continue investing in Taoyuan
Micron expands shout card! Labor negotiations continue on 11/17 Zhang Shanzheng hopes to continue investing in Taoyuan
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自由时报15 minutes agoBusiness2 min readChinaView original

Micron expands shout card! Labor negotiations continue on 11/17 Zhang Shanzheng hopes to continue investing in Taoyuan

Micron's Taoyuan plant expansion plan is rumored to be suspended. The mayor obtained an investment commitment after communicating with Micron's president, but labor negotiations have yet to reach a consensus.

Quick Look

  • Taoyuan Mayor Zhang Shanzheng said that Micron’s president promised that Taoyuan is an important global base and the company will definitely continue to invest in Taiwan and Taoyuan.
  • Micron's labor negotiations have held two meetings but still have not reached a consensus.
  • The third meeting will be held on the afternoon of the 17th.

AI-generated summary

Why It Matters

There is news that the expansion plan of the Taoyuan plant of Micron, a major memory manufacturer, has been suspended. Taoyuan Mayor Zhang Shanzheng obtained an investment commitment after communicating with Micron's president. The labor consultation has held two meetings, and the third meeting will be held on the afternoon of the 17th.

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[Reporter Li Rongping/Taoyuan Report] There is news that the Taoyuan plant expansion plan of Micron, a major memory manufacturer, has been suspended. Taoyuan Mayor Zhang Shanzheng said today (11th) that he has expressed to Micron’s president that he hopes to continue investing in Taiwan and Taoyuan. Micron’s president responded that Taoyuan is a very important base for Micron in the world, and the company will definitely pay attention to it and continue to invest. As for Micron’s labor negotiations, the second meeting was held last week but no consensus was reached. The third meeting will be held on the afternoon of the 17th.

Zhang Shanzheng mentioned in an interview before presiding over the municipal meeting today that Micron labor negotiations have been held twice in the city hall. The atmosphere of the second meeting last week was good. He also attended in person and encouraged both labor and management to communicate in good faith. However, the two sides have not yet reached a conclusion. Therefore, it is expected to negotiate again on the afternoon of the 17th. He may also attend. He hopes to continue the general principles of the last meeting and continue to seek consensus. He believes that the bonus bonus plan proposed by management has entered the employee evaluation stage and will be a key moment for labor to decide whether to accept it.

Zhang Shanzheng pointed out that the employer has proposed a bonus bonus plan. According to the employer, this is the best plan in Micron's history. However, the labor side believes that although it has improved compared with the original appeal, there is still a gap. In addition, the plan involves complex calculations, and employees still don’t know how much bonus or stock an individual can actually receive.

Zhang Shanzheng said that in order to allow employees to grasp the specific content, Micron has developed an information system, which is expected to be officially launched globally in the next two days, allowing employees from all over the world to inquire about the bonuses and stock amounts that individuals can receive under the new plan. He hopes that the labor side will seize nearly a week before the next negotiation to fully understand the actual amount that can be received before deciding to support or oppose the employer's plan. This will be an important key to the labor negotiation.

Zhang Shanzheng said that the city government will continue to assist the two parties in communicating. He has also maintained contact with the chairman of Micron Taiwan and the senior management of the U.S. headquarters. He has expressed to the employer that the city government is doing its best to coordinate and hopes that both labor and management can reach a consensus. Regarding the suspension of the Taoyuan plant expansion plan, he specifically expressed to Micron’s president that he hoped that the company’s investment in Taiwan and Taoyuan would continue to advance. The president of Micron told him that Taiwan, especially Taoyuan, is a very important base for Micron in the world. The company will definitely attach great importance to it and continue to invest. It also looks forward to the smooth progress of labor negotiations.

What to Watch

AI outlook — possibilities, not facts

  • Micron labor negotiations will continue to seek consensus at the third meeting on the afternoon of the 17th

    Likely · Within days

  • Micron will continue to invest in Taiwan and Taoyuan

    Likely · Within months

Open Questions

  • Can labor negotiations finally reach a consensus?
  • Will Micron’s Taoyuan plant expansion plan be resumed?
  • How employees ultimately reacted to bonus bonus packages

Related Topics

This article was originally published by 自由时报.

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