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📈 Business
Samsung and SK Hynix cash in on memory boom with massive shareholder returns
Surging demand for memory chips is driving outsized profits and massive free cash flow at both SK Hynix and Samsung Electronics. Both companies plan to return large sums to shareholders through buyback programmes, with Samsung set to outscale rival SK Hynix in the effort. The move reflects the memory market's current boom as supply struggles to keep pace with demand.
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