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Samsung Electronics to boost dividends after record Q3 profit

It promises US$26b over next 3 years; starting with 9.6 trillion won next year

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Samsung said the earnings outlook was positive thanks mainly to the chip business, with conditions in that market likely to "remain favourable" in 2018. It also forecast greater sales of flexible OLED screens used in smartphones.

Seoul

SOUTH Korean technology giant Samsung Electronics Co Ltd promised to return US$26 billion to shareholders over the next three years as it reported record third-quarter profit on the back of the global boom in memory chips.

The world's biggest maker of semiconductors,

sentifi.com

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