SK Hynix reaches tentative wage deal with union; salaries to rise 6.3%
SKHY SK Hynix Inc ADR
$156.30 +0.44%
View chart & analysis → - 1SK Hynix (SKHY) and its union have reached a tentative agreement on wages and a collective bargaining contract
- 2Salaries to rise 6.3%; performance bonuses to shift from full cash to 40% cash and 60% company stock
- 3Deal comes as talks wrap up within weeks amid surging demand for high-bandwidth memory for AI; union members' approval set to follow
This 3-line summary is compiled from the report below.
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