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Micron pauses work on $4.5 billion Taiwan plant, Bloomberg News reports

Reuters

Nov ‌5 (Reuters) - Micron Technology has ​suspended ‌plans for a $4.5 ‌billion memory chip ‌plant in Taiwan due to an extended labor ⁠dispute, ‌Bloomberg News ⁠reported on Thursday, ​citing people familiar with ​the matter.

Reuters ​could ‌not immediately verify ​the ⁠report. Micron ‌did not ​immediately ​respond to a request for comment sent ‌outside regular business hours.

(Reporting ‌by ​Sathvi G Bhat in Bengaluru; Editing by ‌Jochelle Mendonca)