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Micron Rewards Engineers in Taiwan with $32,000 Cash Bonus

TL;DRMicron gave Taiwan engineers $32k bonuses after union pressure over strong profits.

Why it matters: Signals chipmaker competition for talent and labor leverage in critical semiconductor supply chains.

Micron Technology Inc. is set to provide its engineers in Taiwan a cash bonus of NT$1 million ($31,600) plus equity rewards, as the company’s local unions are demanding additional payout to reflect their contribution to the chipmaker’s blowout profits.

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Source: Bloomberg Tech · Opens in new tab