TechBloomberg Tech1h ago
SK Hynix Reaches Tentative Deal With Union on Wages, Yonhap Says
TL;DRSK Hynix agrees to 6.3% wage hike and changes bonus structure with union.
Why it matters: Labor stability at major chipmaker affects semiconductor supply and production costs globally.
SK Hynix Inc. and its labor union have reached a tentative wage and collective bargaining agreement, featuring a 6.3% salary increase and a significant shift in how employee performance bonuses are apportioned, according to Yonhap News.
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