Samsung Electronics Shares Fall Despite Record Third-Quarter Profit
The chipmaker said AI-driven memory demand lifted profit above 100 trillion won, but investors wanted faster details on future buybacks and dividends.
- On Thursday, Samsung Electronics announced a 30 trillion won dividend payment for the third quarter, increasing the per-share payout to 4,601 won amid operating profit exceeding 100 trillion won.
- Record results were driven by the Device Solutions Division, which logged 147.1 trillion won in sales and 106.5 trillion won in operating profit, as high bandwidth memory 4 sales expanded significantly due to artificial intelligence demand.
- Samsung Electronics retained its position as the world's largest smartphone vendor, shipping 57.8 million units for a 22.7 percent market share, though the Device Experience Division posted an 800 billion won operating loss.
- Shares closed down 4.13 percent on Thursday as investors expressed disappointment over the lack of new shareholder return details, though the company plans to return 55 trillion to 75 trillion won pending board approval.
- Memory chip supply is expected to remain tight through 2028, driven by accelerated artificial intelligence infrastructure investment, while Samsung partnered with Mistral AI to integrate technology into semiconductor manufacturing processes.
13 Articles
13 Articles
Samsung Electronics announced detailed earnings by business division today (the 29th). As expected, the semiconductor division generated the majority of the profit. Following SK Hynix's announcement of 20,000 won per share yesterday (the 28th), the company also announced a record-breaking third-quarter cash dividend. Kim Jong-min
(Seoul = Yonhap News) Reporters Park Cho-rong and Kang Tae-woo = Samsung Electronics, which decided on a cash dividend of 30 trillion won for the third quarter of this year, stated that its remaining funds for shareholder returns this year could reach up to 75 trillion won...
During its third-quarter earnings conference call on the 29th, Samsung Electronics announced that its remaining funds for shareholder returns this year amount to 55 to 75 trillion won, and that it plans to pursue a significant volume of treasury stock buybacks and cancellations alongside cash dividends. Samsung Electronics projected its total shareholder return for the year to be between 90 and 110 trillion won. The amount of shareholder returns…
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