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Micron Pauses Work on $4.5 Billion Taiwan Plant After Labor Spat

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EXCLUSIVE AI Micron Pauses Work on $4.5 Billion Taiwan Plant After Labor Spat Micron Technology Inc. has suspended plans for a memory chip plant in Taiwan due to a protracted labor dispute, according to people familiar with the matter, throwing into question the fate of a major production base for crucial AI components. The US company has all but halted construction of a plant in the northern Taiwanese city of Taoyuan, said the people, who asked not to be identified because the deliberations...

EXCLUSIVE AI Micron Pauses Work on $4.5 Billion Taiwan Plant After Labor Spat Micron Technology Inc. has suspended plans for a memory chip plant in Taiwan due to a protracted labor dispute, according to people familiar with the matter, throwing into question the fate of a major production base for crucial AI components. The US company has all but halted construction of a plant in the northern Taiwanese city of Taoyuan, said the people, who asked not to be identified because the deliberations are private. Executives are concerned about mounting uncertainties, including the risk that an agreement with a local labor union will get overturned. Micron has informed Taiwanese officials and a supplier about its plans to suspend construction in the city, the people said.
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Originally published by Bloomberg Technology Read original →