Micron Taiwan's labor union demands the establishment of a profit sharing system of 15% of operating profits, otherwise a strike vote will be initiated

[Reporter Lin Yiru/Taipei Report] The Taiwan Micron Trade Union held a press conference at the American Chamber of Commerce today (15th). The union stated that it hopes to establish an open, transparent and verifiable profit sharing system based on 15% of operating profits. If the two mediations in Taichung and Taoyuan on the 18th and 21st do not receive a specific plan from the employer, a further strike vote will be launched.

Micron announced incentives for the 2026 fiscal year on the 11th. For employees at its Taiwan factory, those who joined the company before August 29 last year will receive a bonus of NT$1 million per person, as well as an annual performance bonus of up to 500% of the basic target, and additional stock rewards for each person.

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Lin Zherui, chairman of the Micron Labor Union, said today that the union is not opposed to the company increasing bonuses, but one-time bonuses cannot replace system reform, and the two cannot be confused. A long-term profit sharing mechanism should be gradually established based on other major memory manufacturers, using 15% of operating profits as the benchmark for bonus allocation, and establishing an open, transparent, and verifiable system.

The union also questioned Micron's self-announcement of bonuses during the labor dispute mediation process. Lin Zherui pointed out that during the mediation on September 4, Micron stated that it was willing to further negotiate on the current IPP bonus system. However, without the prior knowledge of the union, it announced a new bonus plan to employees and the outside world on September 11. On the one hand, it said that some matters still need to be discussed by the US board of directors. On the other hand, it announced the plan on its own during the mediation period, which has affected mutual trust between labor and management.

Lin Zherui said that if the management fails to come up with a clearer profit-sharing plan during subsequent mediations on September 18 and 21, the union will advocate breaking the negotiation and move forward with the strike voting process.

In response, Micron responded that it will continue to listen to the ideas of team members and participate in the mediation process upholding the principle of integrity. Micron's competitive total compensation package is designed to ensure that team members share in the company's successful results. The outstanding performance this fiscal year comes from the investment, efforts and outstanding contributions of team members from all over the world, including the Taiwan team.

Micron stated that in recognition of these achievements, Micron's more than 60,000 team members worldwide will receive special appreciation bonuses, generous performance bonuses and stock rewards. The scale of this reward has reached a record high in Micron's history and also demonstrates Micron's commitment to continue to recognize and reward team members for their contribution to the company's success.

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