SK Hynix and union agree revised wage and bonus deal
SK Hynix and its union agreed on a revised wage agreement that increases the cash portion of special bonuses linked to surging AI-related profits. The union approved the new deal.
SK Hynix and its union have agreed on a revised wage deal that lifts the cash portion of special bonuses linked to profits boosted by the artificial-intelligence boom. The union at the South Korean memory-chip maker approved the updated agreement, under which the bonuses will be paid in cash.