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Samsung board set to discuss huge shareholder return package on Friday

Samsung board set to discuss huge shareholder return package on Friday

By Cynthia Kim and Hyunjoo Jin SEOUL, Aug 21 (Reuters) - Samsung Electronics will hold a board meeting on Friday afternoon to discuss a new shareholder return package, a person familiar with the matter said, after media reports put the plan's worth at more than $70 billion.

SK Hynix to pay 60% of employee bonuses in stock under preliminary deal, source says

SK Hynix to pay 60% of employee bonuses in stock under preliminary deal, source says

By Hyunjoo Jin SEOUL, Aug 20 (Reuters) - South Korean chipmaker SK Hynix has agreed to pay 60% of this year's employee bonuses in shares and the remaining 40% in cash under a preliminary wage agreement, a person familiar with the matter said.

JPMorgan Chase Analysts Project $130 Billion in Additional Returns for SK Hynix

JPMorgan Chase Analysts Project $130 Billion in Additional Returns for SK Hynix

JPMorgan Chase Analysts Project $130 Billion in Additional Returns for SK Hynix

Micron unveils $10 billion AI memory research lab in Boise

Micron unveils $10 billion AI memory research lab in Boise

Aug 20 (Reuters) - Micron Technology said on Thursday it plans to spend $10 billion on its newly established research lab at Boise, Idaho, over the next decade to advance memory technologies, develop compute systems and support future chip manufacturing.

Samsung Electronics Raises Foundry Prices by Up to 15% Amid Surging AI Chip Demand

Samsung Electronics Raises Foundry Prices by Up to 15% Amid Surging AI Chip Demand

Samsung Electronics Raises Foundry Prices by Up to 15% Amid Surging AI Chip Demand

SK Hynix Announces $29 Billion Share Buyback and Increased Shareholder Returns

SK Hynix Announces $29 Billion Share Buyback and Increased Shareholder Returns

SK Hynix Announces $29 Billion Share Buyback and Increased Shareholder Returns

SK Hynix plans $28.6 billion buyback after share price declines

SK Hynix plans $28.6 billion buyback after share price declines

SEOUL, Aug 19 (Reuters) - SK Hynix will buy back and cancel 40 trillion won ($28.61 billion) of treasury shares and allocate more than 50% of free cash flow generated between 2025 and 2027 to boost shareholder returns, it said on Wednesday.

Samsung hikes chipmaking prices by up to 15% on demand spike, sources say

Samsung hikes chipmaking prices by up to 15% on demand spike, sources say

Aug 19 (Reuters) - Samsung Electronics has raised prices for some advanced contract chipmaking services by up to 15% for new orders, two people familiar with the matter said, as demand for AI chips tightens capacity in a business long dominated by TSMC.

SK Hynix to buy back, cancel $29 billion worth of treasury shares

SK Hynix to buy back, cancel $29 billion worth of treasury shares

SEOUL, Aug 19 (Reuters) - SK Hynix said on Wednesday it would buy back and cancel 40 trillion won ($28.61 billion) worth of treasury shares and allocate more than 50% of free cash flow generated between 2025 and 2027 to boost shareholder returns.

Shares fall in Asia, with Kospi down 5.2%, while oil prices jump

Shares fall in Asia, with Kospi down 5.2%, while oil prices jump

Shares are sharply lower in Asia after Wall Street pulled further from its all-time high as artificial-intelligence stocks resumed their decline

Nvidia Considers Reducing Memory in Rubin Ultra Accelerators Amidst HBM Supply Constraints, Raising Concerns for Micron

Nvidia Considers Reducing Memory in Rubin Ultra Accelerators Amidst HBM Supply Constraints, Raising Concerns for Micron

Nvidia Considers Reducing Memory in Rubin Ultra Accelerators Amidst HBM Supply Constraints, Raising Concerns for Micron

South Korea and Taiwan Transition from Tech Rivals to AI 'Frenemies'

South Korea and Taiwan Transition from Tech Rivals to AI 'Frenemies'

South Korea and Taiwan Transition from Tech Rivals to AI 'Frenemies'