Members of SK Hynix’s union voted down a temporary wage agreement on Tuesday,
with 50.08% of the 15,045 employees who voted opposing the deal. The pact,
reached last week, included a 6.3% pay increase and revisions to the company’s
profit-sharing bonus—40% to be paid in cash and 60% in company stock. SK Hynix,
the world’s second-largest memory-chip maker, is benefiting from surging demand
for high-bandwidth memory (HBM) from AI applications and has seen strong
profits.
