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Tom’s Hardware
Tom’s Hardware
Technology
Anton Shilov

SK hynix will pay staff $50,000 apiece according to a tentative agreement with disgruntled workers — $1.79 billion potential profit pool will be split between cash and stock grants

SK Hynix Memory
SK hynix Cheongju .

After posting record profits amid high memory prices, SK hynix ran into a dispute with employees over profit sharing and wage increases, which threatened to escalate into collective action by the company's union. This week, SK hynix management and the labor union reached a preliminary 2026 wage and collective bargaining agreement that significantly changes how the company's profit-sharing bonuses will be distributed, reports Maeil Business citing Yonhap. The good news is that no strikes are planned at the memory maker.

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