Samsung

At present, both Samsung and SK Hynix target shareholder returns equivalent to half of free cash flow

The company is facing stiff competition from SK Hynix and Micron Technology

Recollections of brutal boom-and-bust cycles are weighing heavily on memory makers’ shares

MSCI’s Asia Pacific equities gauge slips 0.4%, with a regional semiconductor benchmark down 1.6%

The semiconductor division posted an operating profit of US$61.1 billion

An ex-Hyundai Motor executive has been hired to head the new unit

The chipmaker is reportedly in the early stages of exploring a potential US offering of American depositary receipts

South Korea hopes to double its memory-chip production capacity within five years

The solid-state drive is part of a package for artificial intelligence data centres