Subject: Re: Make Berkshire Compound Again!
What I just wrote that my insider said canīt be, right? My mind refuses to believe it. Please somebody knowing about Hynix and this pay package for their core developers tell me where I misunderstood my guy.
Hynix is South Korean. It would make a lot more sense if this were KRW (South Korean Won), where 650M W is $417K USD.
I've never heard of a pay package like $65M USD annually (let alone $650M USD annually) in development of any kind, outside of a couple of rumors of 9-figure signing bonuses from Meta for elite AI researcher/developer types. The math doesn't add up for $50-100B USD revenue and 300 employees making $.65B USD.
650M KRW / 415K USD is what I'd expect critical, principal developers to be making before performance bonus. While reading up on this, the South Korean employees have a profit sharing based bonus pool, and everybody is benefiting from the memory shortage. It sounds like a lot of employees are looking at 6 and low 7 figure bonuses this year.