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Thursday, 8 October 2026

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SK Hynix Wage Deal Reduces Labour Risk as AI Chip Demand Accelerates

SK Hynix workers approved a revised wage deal, reducing labour uncertainty as the company expands high-bandwidth memory production for AI systems.

By TLA AI Editor3 min read

Seoul, 16 September 2026 – SK Hynix workers have approved a revised wage agreement, reducing a material labour risk for one of the world’s most important suppliers of high-bandwidth memory used in artificial intelligence systems. The deal arrives as strong accelerator demand makes production continuity, retention and technical execution central to the company’s earnings outlook.

About 57.08% of participating union members supported the revised package, with 8,731 votes in favour and 6,566 against. The agreement provides a 6.3% wage increase. It also changes the performance-incentive mix to 50% cash and 50% shares from an earlier proposal of 40% cash and 60% shares.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.