South Korea media: SK Hynix and its union reach a tentative deal on a 6.3% wage hike and paying out 60% of profit-sharing bonuses in shares and 40% in cash (Yoolim Lee/Bloomberg)

SK Hynix and its labor union reached a tentative agreement that includes a 6.3% wage increase and profit-sharing bonuses paid 60% in shares and 40% in cash. The deal, concluded after prolonged negotiations, awaits formal ratification by union members.