Labor and management reach an agreement; Micron promises no repercussions and will negotiate again in October.

Translated to English. Following their first mediation meeting, Micron and the Micron Memory Taiwan Union in central Taiwan issued a joint statement today (September 19) stating that the two sides had a constructive discussion that helped advance communication and agreed to hold a second mediation meeting on October 22. Micron also promised not to retaliate against any wrongdoing. Micron Technology Taiwan recently announced a new bonus plan, including a NT$1 million bonus. The union believes that a one-time bonus cannot replace system reform and that a long-term profit-sharing mechanism should be gradually established, similar to other major memory manufacturers. The bonus should be based on 15% of operating profit, and a public, transparent, and verifiable system should be established. If no concrete response is received from management, a strike vote will be initiated. Following their first mediation meeting on September 18, both parties issued a joint statement today, noting that representatives from both sides discussed a number of issues, including the overall compensation and bonus system structure, the "No Free Rider" principle, and the prohibition of "non-retaliation." Micron emphasized that, as stated in the "Micron Global Team Member Handbook," "team members have the right to peacefully assemble, freely associate, form and join unions or labor organizations of their own choosing, and seek collective bargaining or other forms of representation without fear of retaliation." Micron stated that both parties will continue to uphold the spirit of mutual respect, support employees and serve customers through positive and pragmatic communication, and jointly promote the company's continued success. They also expressed gratitude to the Central Taiwan Science Park Administration and the Mediation Committee for their assistance and support during this mediation process. (Edited by: Liu Xianghua)

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