Samsung Electronics expects shareholder returns up to $80 billion this year

SEOUL, – Samsung Electronics said on Friday that it expects its shareholder returns for this year could reach up to 110 trillion won ($79.54 billion), which includes 30 trillion won in cash dividends in the third quarter.

Samsung, which, like rival SK Hynix, has seen earnings soar as the AI ‌boom creates insatiable ⁠demand ⁠for chips, has been under much pressure to return gains to shareholders given their record-breaking profits.

The 110 trillion won would be over five times the size of the previous ​high in shareholder returns of 20.3 trillion won in 2020.