Taiwan Micron union demands '15% profit sharing', overwhelmingly approves strike vote

Union: “Even if distributed, the performance bonus may not exceed the level of Samsung Electronics and SK Hynix.”

(Seoul = Yonhap News) Reporter Kwon Sook-hee = The Taiwanese union of Micron Technology, an American semiconductor company, voted overwhelmingly in favor of a strike demanding a 15% distribution of operating profits.

According to Reuters, AFP, and Taiwan's Central News Agency (CNA) on the 7th, the Micron Taiwan Taoyuan union held a press conference this afternoon and announced that it had officially secured the right to strike as a result of a vote by union members.

Of the 2,258 Taoyuan union members, 2,012 (89.1%) participated in the vote, and 1,994 people, or 83.3% of all union members, appeared to be in favor of the strike.

There were only 14 votes against and 4 votes invalid, so the approval rate was close to 99% based only on actual voting participants.

Taiwan Micron's Taoyuan Wafer Union and Taichung Memory Union urged Micron's board of directors, scheduled to be held on the 8th to 9th (US local time), to give importance to the union's demands and come up with a specific plan.

The union is demanding that a distribution system be established to share 15% of operating profits with employees.

At the same time, they are emphasizing that major memory companies such as Korea's Samsung Electronics and SK Hynix are already introducing a performance bonus system linked to company profits and performance.

The union also argued that even if 15% of operating profits were shared with employees, it may not exceed the performance bonus level of Samsung Electronics or SK Hynix.

The Taoyuan union announced that it would take further action if there were no concrete results after the board meeting.

We are not ruling out the possibility of notifying employees through text messages in the event of an actual strike, and we are also planning for employees to take leave on the 19th and attend a rally in front of the Presidential Office.

Negotiations between the Taichung union and management are still ongoing.

As global semiconductor companies, including Micron, have recently seen a surge in performance due to the global artificial intelligence (AI) boom, workers' demands for profit sharing are growing.