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

Source: Bloomberg

SemiconductorsCompany FundamentalsManagement & Governance

Micron plans to grant Taiwan engineers a NT$1 million ($31,600) cash bonus plus equity awards following the chipmaker's blowout profits. Local unions are seeking additional compensation to reflect employee contributions, creating a potential labor-cost and employee-relations issue but underscoring Micron's strong profitability.

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