Samsung Electronics

SAMSUNG Electronics plans to return as much as 110 trillion won (US$80 billion) to investors this year, joining SK Hynix in sharing an AI windfall and putting in motion the largest shareholder return programme in South Korea’s history.

Leading Chinese smartphone manufacturers are expected to experience substantially greater shipment pressure

The package is expected to range between 90 trillion won (US$65 billion) and 110 trillion won

Enthusiasm for tech hardware stocks is returning on evidence of continued massive AI spending by global big tech firms

Both firms saw a brutal sell-off in July as doubts grew over the pace of rapid AI infrastructure buildout

Morgan Stanley estimates the deleveraging process is more than half over

The move comes after shares of the company lost over one-third of their value since June’s record highs

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

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