$MU Micron and its Taoyuan union left a third round of talks on Friday without a deal. The union says that after five sessions it still hasn't seen a concrete profit-sharing proposal. What Micron is bringing this week is a tool that lets employees look up their quarterly bonus. The next round is Nov 17. By the union's count, the five sessions are two mediations and three rounds of talks. It says most of what Micron explained on Friday was information employees had already heard inside the company. Taoyuan's labor bureau chief, who chaired the session, says the bonus tool was built in response to the union's requests. The mayor sat in. The new fab is why this matters outside Taoyuan. Bloomberg reported on Nov 5 that Micron has largely stopped building it, a $3–4.5bn project that includes ASML tools. Micron hasn't addressed that report directly. Its statement says Taiwan operations are normal and it can keep Taoyuan running without disrupting customers. That covers today's output. It says nothing about when construction restarts. The demand side is already signed. Micron's 10-K puts its take-or-pay backlog at about $134bn, roughly a year of revenue, and about a quarter of it is expected to turn into revenue over the next twelve months. Taiwan makes roughly 60% of Micron's conventional memory, per Bloomberg. Customers have committed to the volume, and part of Micron's next Taiwan capacity is waiting on a bonus formula. Will a bonus calculator be enough for the union to sign on Nov 17, or does it need to see a number first?

Micron ($MU) workers in Taoyuan will strike on Oct. 22. The one-day warning strike will go ahead even after the company reached a labor agreement with its separate Taichung union, Taiwan’s Public Television Service reports. The Taichung agreement was announced on Oct. 21, and both sides agreed to cancel their Oct. 22 mediation session. The Taoyuan union is seeking a concrete proposal on this year’s bonuses and a longer-term profit-sharing system. The Taoyuan union says it remains open to negotiations, according to Taiwan’s Central News Agency. The reports provide no estimate of the strike’s potential impact on production.

#Micron#'s Taoyuan union won the right to #strike#, with 88.3% of all 2,258 members voting yes. Both #Taoyuan# and #Taichung# unions demand an extra FY2026 bonus and a 15% operating profit IPP from FY2027. Taichung mediation is set for 2026/10/22. 💡More: 🔗 $MU

Union members at Micron’s Taoyuan plant in Taiwan have voted to authorize a strike as they seek higher annual bonuses and a formal profit-sharing system, Events in Focus reports. In the Oct. 1–6 ballot, 1,994 members voted in favor—88.3% of the union’s 2,258 registered members. The report gives no strike date. A separate union at Micron’s Taichung site is scheduled for a second mediation session on Oct. 22.

Micron Taiwan’s union at its Taoyuan plant rejected a package including an NT$1 million “appreciation bonus” for all workers and threatened to strike, media report, saying it wants a 15% profit-sharing system for when the company is profitable and reasonable safeguards during down cycles. Union officials were reportedly unhappy that Micron issued a press release about its proposed package instead of reaching a deal via talks. $MU #semiconductors#

Fire at Vanguard (VIS) Fab 3 in Taoyuan, Taiwan last night. A rooftop mechanical room on the 4-story fab caught fire ~11:30pm local and was extinguished in under an hour. 200+ night-shift workers evacuated, no injuries. Fortunately, the fire was in a rooftop facility room, physically separated from the cleanroom and tools. Equipment was back up and running normally within 2 hours, and initial damage assessment is minimal. Fab 3 runs Vanguard's most popular 130-250nm processes, mainly for mobile and server PMICs, accounting for 20-25% of the company's 8-inch capacity. More serious damage to the fab would have caused significant disruption to Vanguard's operations.

$MU $ASML Micron has largely stopped building its new Taoyuan memory fab, Bloomberg reports. It's a $3–4.5bn project that includes ASML tools, and the dispute holding it up is with a union of 2,335 members at a site with about 3,000 of Micron's 15,000 Taiwan staff. What's paused is new capacity. Micron says its Taiwan operations are running normally and it's confident customers won't be affected. The Taichung union, which covers most of its Taiwan staff and production (about 11,000 members among 12,300 employees there), signed an agreement on Oct 21. Bloomberg says a small amount of work continues at the Taoyuan site to keep it safe, and then that stops too. DigiTimes dates the halt to mid-October, which lines up with the dispute. The Taoyuan union won a strike vote on Oct 7 with 1,994 of 2,012 votes, 11 union officials held a 24-hour strike on Oct 22, and the second round of talks on Oct 27 ended with no consensus. Per Bloomberg, Micron executives are worried that agreements reached with the local union could be overturned. The next Taoyuan round is tomorrow, Nov 6. The reason this matters beyond one site: Taiwan makes roughly 60% of Micron's conventional memory chips, per Bloomberg, and DRAM is already short. Every month this fab sits idle pushes its output further out, at a time when memory buyers mostly want to know when new supply arrives. MU is at $759.72 premarket, down 4.5%, on a day Asian tech sold off broadly, so not all of that move is this story. Does tomorrow's round get construction restarted, or does the pause run into next year?

Micron is expanding at all four major locations in Taiwan: Taoyuan, Taichung, Tongluo and Tainan, media report, citing Donghui Lu, head of Taiwan operations. He said Micron has invested more than NT$1.6 trillion (US$50 billion) in Taiwan so far, about half the amount in just the past 4-years. The new production lines in Taoyuan and Tongluo will begin operations in 2027-28, while in Taichung, a 2nd advanced packaging plant will begin HBM testing & packaging in mid-October. $MU #semiconductors#