Korea Joongang Daily
Korea JoongAng Daily

SK hynix set a new bonus standard. It could jeopardize competitiveness across sectors.

SK hynix's decision last year to carve out a slice of operating profit for its workers is becoming a template across Korean industries, with unions of other major companies demanding bonuses paid out from 10 percent of profit or more.

2026-05-13

SK hynix CEO to meet Bill Gates, Satya Nadella during Microsoft CEO Summit

Kwak Noh-jung, CEO of SK hynix, is expected to meet with Microsoft co-founder Bill Gates and the company's CEO Satya Nadella in the United States, industry sources said Tuesday.

2026-05-12

Senior Blue House official calls for returning Samsung, SK's 'excess' chip profits to the public

Korea’s presidential policy chief proposed a “public dividend” system to share record-high profits earned by Samsung Electronics and SK hynix with all Koreans.

2026-05-12

Who gets the windfall? Unions push for a larger share of extraordinary profits.

What began as a dispute over semiconductor bonuses is metastasizing into something far larger — to a full-scale reckoning over how corporate Korea distributes wealth.

2026-05-09

Brokerages raise target prices on 'undervalued' Samsung Electronics, SK hynix stocks

Brokerages raised their target prices for Samsung Electronics and SK hynix with expectations of a prolonged semiconductor rally. Agencies argue that despite recent gains, Korean chipmakers remain undervalued.

2026-05-07

Top chip stock concentration nears 50% of Kospi market cap

The Korean stock market's Kospi index has broken the 7,000-point barrier for the first time in history, but the rally is raising uncomfortable questions about just how narrow its foundations are.

2026-05-07

Kospi blasts past 7,000 as Samsung tops $1 trillion, trump signals Iran deal progress

The Kospi surged past the 7,000 milestone on Wednesday, roughly two months after first breaching 6,000, as investors piled into semiconductor stocks after the United States signaled that a potential deal to end the conflict with Iran happen soon.

2026-05-06

Got a hot date? This secondhand SK hynix jacket is 'perfect' as bonuses raise company's cachet.

Want to stand out on a blind date? An SK hynix employee jacket, apparently, is now being marketed on a secondhand market as the look that does the trick.

2026-05-06

AI chip boom upends Asian economies: Taiwan flies, Korea rises, Japan drifts

Asia’s economic order is being reshaped in the age of AI, with Korea emerging as a key pivot point in a shifting regional hierarchy.

2026-05-06

'Sell in May and go away?' Not this time, as Kospi continues record-setting rally.

The “sell in May and go away” strategy does not appear to be working in Seoul this year, as the benchmark Kospi continues its record-setting rally, breaking above 6,900 points on Monday to near the 7,000 milestone.

2026-05-04