Reported about 4 hours ago
SK Hynix Inc. plans to raise its dividend payout by 25% to approximately $2.1 billion from 2025 to 2027, as the company solidifies its lead in the AI memory chip market. The Korean firm pledged to distribute 1,500 won per share annually, totaling about 1 trillion won ($720 million). This strategic move comes as SK Hynix outpaces rivals like Samsung Electronics in high-bandwidth memory sales for AI applications.
Source: YAHOO