New Delhi, Oct. 21 -- Micron Technology said on Wednesday that it had reached a labour-management agreement with its Taichung union in Taiwan, ending a scheduled mediation process amid a wider dispute over employee bonuses and profit-sharing. The development comes as a separate union representing workers at the US chipmaker's Taoyuan operations prepares for a one-day warning strike on October 22 over demands for a clearer compensation framework.

Micron said both management and the Taichung union had agreed to withdraw from mediation scheduled for Wednesday. The company did not disclose the settlement's financial terms or indicate whether it would influence negotiations with its Taoyuan workforce.

The Idaho-based semiconductor manufactur...