Every SK hynix employee could receive $477,000 bonuses this year, almost $900,000 next year — 35,000 workers reportedly set to benefit from share of $169 billion projected operating profit
Source
Published
TL;DR
AI GeneratedSK hynix employees could receive substantial bonuses averaging $477,000 this year and nearly $900,000 next year due to the AI chip supercycle generating significant profits. The company agreed to allocate 10% of its annual operating profit directly to employees, with a projected bonus pool of $169 billion to be shared among around 35,000 workers. Meanwhile, Samsung Electronics' labor union is in dispute over compensation, with the union pushing for a higher percentage of earnings. The potential bonuses mark a significant turnaround from previous years, driven by high demand for AI-oriented memory products.