50-50 cash-stock bonus deal ends SK hynix pay dispute
SK hynix production workers approved a revised labor agreement Wednesday after the chipmaker increased the cash portion of its profit-sharing bonuses, ending weeks of negotiations without a strike. The agreement received 57.08 percent support in a two-day vote by unions representing production workers at the company’s Icheon and Cheongju plants. Of 16,039 eligible members,15,297 voted, with 8,731 in favor and 6,566 opposed. Under the revised plan, profit-sharing bonuses will be split evenly betw