AssetID: 55933928
Headline: UNCAPTIONED: Samsung to Return Up to $80 Billion to Shareholders as AI Profits Surge
Caption: Samsung to Return Up to $80 Billion to Shareholders as AI Profits Surge. Samsung Electronics plans to return between $65 billion and $80 billion to shareholders this year through dividends and share buybacks, marking the company’s largest-ever payout. This is roughly five times larger than Samsung’s previous record shareholder return in 2020, as investors press the South Korean chipmaker to distribute more of the profits generated by AI. Samsung said it will spend about $10.5 billion on share buybacks between Monday and November 21, while paying around $21 billion in third-quarter cash dividends. The company will decide next January how to distribute the remaining fourth-quarter funds, with further dividends, additional buybacks and share cancellations among the options. The announcement comes after Samsung's semiconductor business delivered exceptionally strong results. Operating profit rose more than 12-fold year-on-year to over $100 billion in the first half, driven by demand for memory chips used in AI data centres. Rival SK Hynix has also announced an aggressive shareholder-return strategy, highlighting the enormous cash generation of South Korea’s leading memory-chip manufacturers. However, investors have begun questioning whether the extraordinary demand for AI-related chips can continue, with Samsung and SK Hynix shares falling sharply from their June peaks. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: Current Affairs & Politics,Samsung Electronics,chips,AI,business,profits,dividends,shares,buybacks,payout,record,income,SK Hynix,South Korea,fall,sharply,sustainability,stocks,Seoul,technology
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