… Its workers were promised 10 per cent of operating profits for the next 10 years. That would mean an average bonus of Won710mn, about €405,400, for each of SK Hynix’s 35,000 workers, based on projections of an operating profit of Won250tn, about €142.8bn. …
… Hynix has agreed to set aside 10 per cent of its operating profit for workers for the next decade. For SK Hynix workers, that could be a tidy little earner. Broker Meritz Securities forecasts SK Hynix will make 250tn won €146.8bn in operating profit this year. …
… The row centred on the 70,000-strong union’s demand for workers to get a slice of operating profits. Last year, SK Hynix promised staff 10 per cent of operating profits each year for 10 years, creating a rather awkward pay gap between the chip groups. …
… In a rare scrap of good news, the union said it would “not stop trying to reach a settlement even during the strike.” Samsung’s union workers are demanding 15 per cent of the company’s annual operating profit in bonuses. …
… Share Previous Article Google chucks Gemini at your digital chores Featured articles AI News May 20, 2026 Google chucks Gemini at your digital chores Google is shoving Gemini deeper into people’s lives with Spark, a personal AI agent for… AI News May 20, 2026 Kiwi government uses AI as an excuse to… …
… In the pope’s version, Babel is the corporate mega-project built from pride, profit and a fondness for making everyone behave the same. …
… Last month, IBM reported higher first-quarter revenue of $15.92 billion and higher profit, driven by growing adoption of artificial intelligence tools. The numbers beat expectations, but the share price still fell, because investors can find a cloud in any spreadsheet. …