Micron Pauses Work on $4.5 Billion Taiwan Plant After Labor Spat
Micron Technology has suspended plans for a 4.5 billion dollar memory chip plant in Taiwan following an ongoing labor dispute. The project was intended to bolster production of essential AI components, making the stall a significant setback for the company’s manufacturing roadmap. With union workers recently initiating strikes to demand better profit sharing and bonuses, the future of this expansion remains uncertain.
Covered by 2 sources
- BBloomberg Technology↗Debby Wu and Dina BassNov 5
- RRest of World↗Hsiuwen Liu and Peiyi YuNov 5