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SK Hynix Strikes Labor Union Deal to Pay Half of Bonuses in Cash

Source: Bloomberg

Management & GovernanceCompany FundamentalsTechnology & Innovation

SK Hynix reached an agreement with its union to pay 50% of profit-sharing bonuses in cash, resolving a labor dispute that had threatened production disruption. The settlement reduces operational risk for the world’s second-largest memory-chip maker and supports continuity of semiconductor supply.

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