SK Hynix reached a new wage and collective bargaining agreement with its union, raising the cash portion of profit-sharing bonuses to 50%, with the remaining 50% paid in company stock. About 57% of union members voted in favor of the revised agreement after rejecting an earlier 40:60 cash-to-stock proposal. The deal ends roughly two weeks of renewed negotiations. SK Hynix last year agreed to remove the cap on profit-sharing bonuses and allocate 10% of annual operating profit to employee bonuses for 10 consecutive years.