After profits hit a record high, Samsung and SK Hynix pledge to significantly boost shareholder returns

TechFlow news, August 5, Samsung Electronics stated that it is studying plans to expand shareholder returns in a sustainable manner. SK Hynix also stated that it plans to announce a plan by the end of this year to significantly increase the scale of capital returns. According to foreign media reports, Samsung Electronics said in a statement on the 5th that the company is evaluating various measures to strengthen shareholder returns in a "sustainable manner".

SK Hynix also stated in the statement that the company plans to formulate a specific shareholder return plan by the end of this year and expects to "significantly expand" the scale of capital returns. The expectation for both companies to expand shareholder returns stems from record-breaking performance driven by growing AI demand. Samsung Electronics and SK Hynix announced the highest quarterly operating profits in history last week, and the performance improvement also significantly enhanced the cash generation capabilities of both companies. Securities analysts expect Samsung Electronics' free cash flow this year to reach approximately 200 trillion won, while SK Hynix's free cash flow is expected to reach the mid-to-high range of 100 trillion won. (Jin10)