SK Hynix staff to receive 60% of bonuses in shares following 500% stock surge

According to a Reuters report, South Korean semiconductor firm SK Hynix has reached a tentative wage agreement to distribute 60% of employee bonuses as stock, with the remaining 40% paid in cash. The company's stock value has climbed more than 500% over the past year, driven by the massive demand for AI memory chips. Projections suggest that employees could see an average bonus payout of $547,000 (approximately ₹5.2 crore) for the year 2026.

by shortkt.com
1 hour ago
SK Hynix staff to receive 60% of bonuses in shares following 500% stock surge | ShortKT