Micron Bonus Negotiations Fail
REPORTER:
Workers at memory chip maker Micron's plants in Taoyuan are threatening a strike after talks over profit sharing broke down over the weekend.
Micron’s Taoyuan union rejected more negotiations after the company failed to meet key demands. The US-based company has offered its Taiwan employees a one-off bonus of up to 68 months’ pay. But union members are looking for an 83-month payout, plus a permanent profit-sharing system, after employees at South Korea's Samsung got a similar deal following strike threats earlier this year.
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Micron Bonus Negotiations Fail
REPORTER:
Workers at memory chip maker Micron's plants in Taoyuan are threatening a strike, after negotiations over the weekend failed to yield results.
Micron says its Taoyuan union rejected further negotiations, but the union says the company won't propose any profit-sharing framework. The US-based company has offered its Taiwan employees 35 to 68 months of bonus, with a minimum of almost 54,000 US dollars. But union members are looking for about 83 months and a permanent profit-sharing system, after employees at Korea's Samsung got a similar deal. Micron makes most of its chips in Taiwan.