Channel NewsAsia
Channel NewsAsia
AsiaPac · 48 mins ago

Samsung, SK Hynix pledge stronger shareholder returns

FILE PHOTO: The logo of Samsung Electronics is seen at the technology company's store in Seoul, South Korea, April 15, 2025. REUTERS/Kim Hong-Ji/File Photo 05 Aug 2026 08:18PM Aug 5 : Samsung Electronics is exploring ways to enhance shareholder returns in a "sustainable manner," the South Korean company said in a statement to Reuters on Wednesday.Its smaller rival SK Hynix also said in a separate statement to Reuters that the company is preparing concrete shareholder return plans by the end of the year and expects to "meaningfully expand" capital return.Last week, the two companies reported record-smashing quarterly profits on AI-driven demand for memory chips. Source: Reuters
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