Business · 20 August 2026
Samsung to share $72B in chip profits: Here's how
Photo by Jonathan Kemper on Unsplash
The company will use half its available cash for the scheme, which features a special dividend, according to local news outlet MoneyToday. Directors are meeting in late August to approve the payout, sharing wealth generated by a massive boom in artificial intelligence hardware. It follows a similar 40 trillion won reward package from SK Hynix, the second biggest memory-chip producer globally.
Reported by Reuters · How we write briefs