The Straits Times·Business

SK Hynix unveils S$96 billion shareholder return plan

Summarised by Spiced Kopi · 28 October 2026, 00:45 UTC ·9 sec listen

SK Hynix announced a shareholder return plan worth S$96 billion after third-quarter profit rose sevenfold. The company is benefiting from continued demand for artificial intelligence infrastructure, which is pushing up memory chip prices across the sector.

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