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Samsung Electronics to convene board meeting Friday to discuss shareholder return planSouth Korea's MoneyToday reported on Thursday that the company is set to announce a new shareholder return policy later this month worth ...
Global Market Today: Asian stocks follow Wall Street lower, dollar slipsAsian bonds and equities faced a downturn, reflecting the declines witnessed on Wall Street. An uptick in US Treasury yields dampened inves...
Samsung Electroncis to announce more than $72 billion shareholder return programme, media reportsThe South Korean memory-chip maker will hold a board meeting at the end of August to approve a shareholder return plan that includes a spe...
Samsung Electroncis to announce more than $72 billion shareholder return programme: ReportSamsung Electronics plans a shareholder return policy exceeding one hundred trillion won. This significant announcement follows record prof...
Global Market: South Korean shares surge 6% as chip stocks reboundSouth Korean shares surged over 6%, led by chipmakers SK Hynix and Samsung Electronics, after a steep previous-session selloff. The KOSPI t...
South Korea’s SK Hynix announces buyback after stock crashes 50% in two months, wipes off massive retail wealthSK Hynix announced a record 40 trillion won share buyback and cancellation after its stock plunged nearly 50%. South Korea’s Kospi also tum...
SK Hynix's Korean workers launch unified union amid stalled wage talksThe launch comes as SK Hynix and its existing unions are locking horns over annual wage talks, after the chipmaker posted record quarterly ...
Korean stocks rise 22% in 10 days as chip rally regains steamThe benchmark Kospi gained as much as 4.8% on Thursday, extending its gain from a July 30 low to around 22%. Heavyweight memory chipmakers ...
Samsung, SK Hynix rally as Temasek investment report lifts chip stocksSouth Korean chipmakers rallied significantly after a media report surfaced. Temasek Holdings reportedly plans direct investments in Samsun...
Samsung, SK Hynix shareholders call for bigger payouts from AI cash mountainSamsung and SK Hynix are under pressure from investors to boost shareholder returns as they experience significant profits driven by strong...
Samsung, SK Hynix shareholders call for bigger payouts from AI cash mountainSamsung and SK Hynix face investor pressure for increased shareholder payouts. These chipmakers are generating unprecedented cash from robu...
Samsung sees chip shortage extending to 2028, touts long-term supply dealsSamsung Electronics announced a significant chip profit increase and new supply agreements. The company expects global chip shortages to wo...
SK Hynix's record profit misses forecasts; shares slump 10% despite robust AI chip demandThe Nvidia supplier's quarterly operating profit soared more than sixfold to a record high, but it said delays in shipments of some advance...
Explainer: Why investors are betting big on China’s chipmaker CXMTChina's ChangXin Memory Technologies (CXMT) became the country's most valuable listed company after its shares surged 470% on their Shangha...
Chipmaker CXMT debut spotlights China's state-funded path to tech powerChipmaker CXMT's significant IPO showcases China's state-led funding model for strategic technology. Hefei city investors hold a substantia...
Global Market: CXMT's blockbuster IPO rewards Hefei's decade-long semiconductor investmentChina's largest memory chipmaker, ChangXin Memory Technologies (CXMT), is set to debut on the Shanghai Stock Exchange after raising $8.6 bi...
Global Market Update | SK Hynix set to gain as South Korea eases capital-raising rulesSouth Korea's ruling party seeks to ease rules for SK Hynix joint ventures. This move aims to attract outside capital for new chip factorie...