RAM Prices Could Climb Further — $MU Micron's Taiwan Union Approves...

RAM Prices Could Climb Further — $MU Micron's Taiwan Union Approves Strike Vote

The labor union at Micron's chip plant in Taoyuan, Taiwan, has approved authorization to strike after failing to reach an agreement with the company over profit-sharing. Of 2,258 union members, 1,994 voted in favor — a decisive margin. The union's demands: a special bonus equal to 83 months' base salary, plus a 15% profit share going forward. Micron had previously offered a 68-month bonus, which the union rejected.

The ask echoes similar demands made earlier by unions at SK Hynix and Samsung in South Korea, who pushed for 10-year profit-sharing agreements rather than negotiating year to year — and that South Korean wave has reportedly driven a rapid rise in union membership in Taiwan. Micron's Taichung plant is in separate, ongoing negotiations and could face a similar strike vote if talks fail there too.

No strike date has been set yet; union representatives hold the authority to call one, potentially via SMS on short notice. Micron is one of the world's three major DRAM makers, holding 24% global market share — behind SK Hynix (25%) and Samsung (38%) — while China's CXMT holds just 10%.