Micron Halts Construction of $4.5 Billion Memory Chip Plant in Taoyuan, Taiwan Amid Labor Dispute

on November 5, according to Bloomberg, Micron Technology has suspended construction of a $4.5 billion memory chip factory in Taoyuan, Taiwan, due to ongoing labor-management disputes with local unions. Sources familiar with the matter revealed that Micron has virtually halted work on the project and notified relevant Taiwanese officials and a supplier of the suspension plan. Micron management is concerned that local labor agreements could be overturned, bringing uncertainty to the project. Originally planned as a major production base for critical AI memory components, the facility's future construction progress remains uncertain.