Micron's Taoyuan plant union launches 24-hour warning strike, demanding institutionalized profit sharing
The union at Micron's Taoyuan plant in Taiwan, China, began a 24-hour warning strike at 9 a.m. on October 22, carried out by 11 union officials at the factory gate; production lines were not directly halted, and the core demand is to institutionalize profit sharing. The union is dissatisfied with the production-line employees' "two days on, two days off" schedule, 12-hour shifts per shift, and the work pattern of coordinating with the U.S. headquarters for early-morning and midnight meetings. Micron's fiscal 2026 revenue was $133.188 billion and net profit was $84.969 billion, both setting historical records.
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2026-10-22 17:02:05 Source: Caixin.com Author: Ge Haoyue Editor-in-Charge: Guan Cong
By Caixin's Ge Haoyue (Trainee)
October 22, 2026 17:02
This strike is a 24-hour warning strike; production lines did not directly halt, and the union and Micron are still negotiating
During the 2023 memory industry downturn, Micron posted a full-year net loss of US$5.833 billion and carried out major layoffs; afterward, AI drove an explosion in demand for DRAM and HBM, and its performance rapidly turned around. Image: Visual China
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[Caixin.com] Starting at 9 a.m. on October 22, the union at the Taoyuan plant in Taiwan, China, of memory giant Micron (NASDAQ: MU) began a 24-hour strike at the factory gate. The union seeks fairer corporate profit sharing, with its core demand being to institutionalize profit sharing.
This strike is a 24-hour warning strike, carried out by 11 union officials at the factory gate; production lines did not directly halt. In its strike declaration, the union detailed production line employees' "work two days, rest two days" schedule, expressing dissatisfaction with 12-hour shifts per shift, being transferred at any time to unfamiliar equipment for capacity expansion, and the work pattern of coordinating with US headquarters meetings in the early morning and middle of the night.
During the 2023 memory industry downturn, Micron posted a full-year net loss of US$5.833 billion and carried out major layoffs; afterward, AI drove an explosion in demand for DRAM and HBM, and its performance rapidly turned around. Micron's fiscal fourth-quarter 2026 report released on September 30 showed company revenue of US$54.23 billion, up 379% year on year; in fiscal 2026, Micron's revenue was US$133.188 billion and net profit was US$84.969 billion, both setting historical records.
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