SK Hynix labor and management approve collective wage agreement amendment… Cash payment proportion increased to 50%

57.1% in favor of the amendment… 50% cash proportion

(Seoul = Yonhap News) Reporter Kang Tae-woo = The revised wage and collective agreement (wage agreement) prepared by SK Hynix labor and management after the rejection of the existing provisional agreement was passed in a vote of union members.

According to the industry on the 16th, the SK Hynix full-time (production worker) union (Icheon, Cheongju) held a two-day vote from the 15th to this day for the '2026 wage agreement re-agreement plan'. As a result, the amendment was finally passed with the approval of a majority of union members (57.08%, 8,731 votes).

Accordingly, labor and management will begin the process of reaching a collective wage agreement about three weeks after the first provisional agreement was rejected by 25 votes on the 25th of last month.

The amendment includes provisions to increase the proportion of cash payments in excess profit distribution (PS) from 40% to 50% and to lower the proportion of stock payments from 60% to 50%.