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SK Hynix's stock surged over 12% in Seoul on August 20, 2026, following the announcement of an accelerated 40 trillion won ($28.7 billion) share repurchase and cancellation program. The move not only bolstered investor confidence but also signaled the company's optimism about medium- to long-term gr

SK Hynix, after posting record profits amid high memory prices, encountered a labor dispute with employees over profit-sharing and wage increases, which threatened potential collective action by the union. However, after negotiations, management and the labor union reached a tentative agreement that