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South Korea's SK Hynix union approves tentative wage deal with management, source says

Global Published 16 September 2026, 11:10 · archived 16 Sep 2026

SEOUL: Chipmaker SK Hynix’s South Korean union has approved a tentative wage agreement with management, a source familiar with the matter said on Wednesday, ending weeks of uncertainty after workers narrowly rejected an earlier deal. The revised agreement won the backing of 57.1% of voting union members, with 8,731 votes in favour, the source said. The vote covered members of the company’s production workers’ union at its Icheon and Cheongju sites. The approval comes after workers rejected an initial tentative agreement reached on August 20, forcing management and labour representatives back t...

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