ChipsTom's Hardwareabout 3 hours ago
Samsung and SK hynix bonuses flagged as inflation risk
1 min read
The Bank of Korea named performance bonuses at Samsung Electronics and SK hynix as a risk to inflationary stability, with IT sector special pay up 60.6% year over year in Q1 versus 2.1% wage growth elsewhere. The bank projects full-year inflation of 2.7%, above its 2% target, and held its benchmark rate at 2.50%.
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