SK Hynix labor conflict escalates again: employees plan to set up new trade unions or influence plans to expand production

Comparatively, SK Hynix labor and management continue to be at an impasse over the plan to distribute performance bonuses in the form of company shares. Some employees are promoting the establishment of a new unified trade union. Currently, a “unified trade union” preparation team has been set up. The relevant community has attracted about 4,000 employees to join, accounting for 11.6% of its total workforce.

Market sources pointed out that if the labor dispute spreads to the production line, it may increase the uncertainty of SK Hynix's HBM production capacity expansion in the second half of the year. SK Hynix began mass production and shipment of HBM4 in the second quarter of this year, and plans to further expand production in the second half of this year. Currently, production has not been affected, but if the conflict escalates and spreads to manufacturing sites in the future, it may put pressure on the supply plans of major customers such as Nvidia. (Yonhap)