Micron pauses work on $4.5 billion Taiwan plant, Bloomberg News reports
The US memory-chip maker halted work over a dispute with workers seeking higher compensation and profit-sharing, raising doubts about a $3 billion to $4.5 billion project.
- Micron Technology Inc suspended construction of its Taoyuan Fab 11E facility, freezing a US$3 billion–US$4.5 billion project previously scheduled to come online in 2028 amid a protracted labor dispute.
- Tensions between Micron and its workforce flared this year as employees demanded higher compensation, including a 15 percent share of operating profits and pay bumps to match competitors like Samsung Electronics and SK Hynix.
- Union chair Jerry Lin is actively recruiting members from a larger body to annul the existing pact, complicating operations on an island that produces 60 percent of Micron's global DRAM output.
- The Ministry of Economic Affairs supports the existing union agreement, while the Taoyuan government stated it has not received notification of a suspension and urged all parties to reach consensus.
- Micron is investing US$250 billion in the US while expanding in Japan and Singapore, as the company considers slowing activity in Taiwan amid manufacturing diversification.
14 Articles
14 Articles
Micron says Taiwan operations normal amid reported Taoyuan project halt
Taipei, Nov. 6 (CNA) U.S. memory chipmaker Micron Technology Inc. said Thursday its Taiwan operations were continuing as normal, following a report that it had suspended plans to build a plant in Taoyuan amid an ongoing labor dispute with a local union.
Micron pauses work on US$4.5bn Taiwan plant after labor spat
Micron Technology Inc has suspended plans for a memory chip plant in Taiwan due to a protracted labor dispute, according to people familiar with the matter, throwing into question the fate of a major production base for crucial artificial intelligence (AI) components.The US company has all but halte
Micron Pauses Work on $4.5 Billion Taiwan Plant After Labor Spat
Micron Technology Inc. has suspended plans for a memory chip plant in Taiwan due to a protracted labor dispute, according to people familiar with the matter, throwing into question the fate of a major production base for crucial AI components.
Micron pauses work on $4.5 billion Taiwan plant, Bloomberg News reports
Micron Technology has suspended plans for a $4.5 billion memory chip plant in Taiwan due to an extended labor dispute, Bloomberg News reported on Thursday, citing people familiar with the matter.
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