
SK Hynix union rejects proposed wage agreement, demands more in wake of surging profits
Union wanted an eight percent increase but was offered 5.7 percent
Union wanted an eight percent increase but was offered 5.7 percent
Reducing operating costs of training by 72 percent
South Korean company looks lean on data center cooling offerings
Plans to offer GPUaaS from Gasan data center
Well funded business plan to combine forces
Union now has more than 36,500 members
Transaction valued at $538.4m
Stage X had been poised to become South Korea's fourth carrier
Information stolen was valued at $24.5 million
Union held victory rally at Giheung Campus ahead of the talks
Decision made after management failed to engage in pay and benefits negotiations
Negotiations over pay and benefits have once again broken down
Company also looking to streamline its growing list of subsidiaries
Blames the 5G market for being saturated
New company plans data centers in Taipei, Johor, and Seoul
Stage X had been set to launch mobile services next year
Facility to launch later this year
Wants South Korea to become market leader in AI chip space
Workers angry over below-average pay rises and being blamed for “obvious management failures”
Incident occurred at Giheung chip fab earlier this week
The 30-year-old woman was arrested last month
Company also planning more data centers in Malaysia, the Philippines, Thailand, and South Korea
Country wants to challenge Taiwanese fabless rivals and increase market share
Jun has been with the company for 24 years