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The Economic Times
The Economic Times
National

Samsung Electronics expects shareholder returns up to $80 billion this year

Samsung SK Hynix United States

SEOUL, - Samsung Electronics said ​on Friday that it expects ​its shareholder returns for this year could reach up ​to 110 trillion won ($79.54 billion), which includes 30 trillion won in cash dividends in the third quarter.

Samsung, which, like rival SK Hynix, has seen earnings soar as the AI ‌boom creates insatiable ⁠demand ⁠for chips, has been under much pressure to return gains to shareholders given their record-breaking ​profits.

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