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Market Chatter: Micron Proposes High Performance Bonuses Amid Strike Plans at Taiwan Plant

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Micron Technology (MU) has proposed that it will distribute high performance bonuses this year, amid plans of a strike at its Taiwanese facility, Liberty Times reported Tuesday, according to a Google translation.

The bonuses are expected to be announced in October and until then, the company aims to maintain talks with team members, the report said, as per a Google translation.

The report further stated that strike plans have garnered support from as many as 80% of union members.

Micron Technology did not immediately respond to' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: $957.05, Change: $-1.68, Percent Change: -0.18%

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