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SK Hynix union rejects tentative wage deal in vote

Reuters ·

SKHY SK Hynix Inc ADR
$155.37 -4.92%
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  1. 1SK Hynix union members voted down a tentative wage agreement on Tuesday.
  2. 2Of the 15,045 members who voted, 50.08% were opposed; the deal had called for a 6.3% wage hike and performance bonuses paid 40% in cash and 60% in stock.
  3. 3The world's No. 2 memory chipmaker is posting strong results on robust demand for AI-related HBM.

This 3-line summary is compiled from the report below.

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