{
  "id": 16853680,
  "title": "SK Hynix unveils $75 billion shareholder return plan after posting record profit",
  "url": "https://urgent.news/2026/10/28/sk-hynix-unveils-75-billion-shareholder-return-plan-after-posting",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-28T05:22:00.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40446286/sk-hynix-unveils-75-billion-shareholder-return-plan-after-posting-record-profit"
  },
  "original_language": "en",
  "account": "South Korean chipmaker SK Hynix announced plans on Wednesday to return $75 billion to shareholders this year, following a record-breaking increase in quarterly profit. The surge in earnings was driven by a surge in demand for AI infrastructure, which continues to push up prices of memory chips. The company also revealed that it has exhausted its stock of HBM and DRAM chips until 2029, with HBM demand currently being twice the amount it can supply. SK Hynix expects AI investment momentum to persist, despite some market jitters about the sustainability of AI spending. CFO Kim Woo-hyun stated that customers are now scrutinizing project feasibility and profitability, as well as refining the timing of their investments.\n\nSK Hynix's return policy for the year totals approximately 100 trillion won, consisting of more than 30 trillion won in cash dividends and over 60 trillion won in share repurchases and cancellations. The company also plans to return a significant portion of the profits generated from its investment in Japanese peer Kioxia through a special dividend. SK Hynix is currently the world's leading supplier of HBM chips, accounting for nearly half of the market, and a major provider of DRAM chips. The company has signed long-term agreements with 14 major customers to better forecast mid-to-long-term demand, securing more than 50% of its production capacity for 2027 and 2028. To meet the growing demand, SK Hynix intends to significantly increase its capital expenditure next year, focusing on advanced chipmaking processes and expanding its infrastructure in South Korea and abroad. The company's strong quarterly profit, a record 83.3 trillion won, has helped alleviate market concerns and could potentially see operating profit reach 100 trillion won in the fourth quarter.",
  "summary": "SEOUL: South Korean chipmaker SK Hynix said on Wednesday it would return about $75 billion to shareholders this year, after reporting a more than seven-fold jump in quarterly profit as AI infrastructure demand continues to drive up memory chip prices. The Nvidia supplier also said it has sold out of HBM and DRAM chips until 2029, that HBM demand was double what it can supply, and that a chip…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 7,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "SK Hynix Q3 profit beats expectations, vows $75 bln in shareholders returns",
        "url": "https://urgent.news/2026/10/27/sk-hynix-q3-profit-beats-expectations-vows-75-bln-in-shareholders",
        "published": "2026-10-27T23:48:28.000Z"
      },
      {
        "outlet": "Techmeme",
        "title": "SK Hynix reports Q3 revenue up 328% YoY to ~$78.8B, vs. ~$74.07B est., and operating profit up 632% to ~$62.76B, vs. ~$57.78B est. (Jenny Lee/CNBC)",
        "url": "https://urgent.news/2026/10/27/sk-hynix-reports-q3-revenue-up-328-yoy-to-78-8b-vs-74-07b-est-and",
        "published": "2026-10-27T23:50:02.000Z"
      },
      {
        "outlet": "Channel News Asia",
        "title": "SK Hynix Q3 profit jumps more than 7-fold, beats forecasts",
        "url": "https://urgent.news/2026/10/27/sk-hynix-q3-profit-jumps-more-than-7-fold-beats-forecasts",
        "published": "2026-10-27T23:50:27.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "SK Hynix posts 7-fold jump in Q3 profit, unveils shareholder return plan worth US$75 billion",
        "url": "https://urgent.news/2026/10/28/sk-hynix-posts-7-fold-jump-in-q3-profit-unveils-shareholder-return",
        "published": "2026-10-28T00:03:31.000Z"
      },
      {
        "outlet": "BusinessKorea",
        "title": "SK hynix Posts Record 104.6 Trillion Won in Quarterly Revenue, Unveiling 100 Trillion Won Shareholder Return Plan",
        "url": "https://urgent.news/2026/10/28/sk-hynix-posts-record-104-6-trillion-won-in-quarterly-revenue",
        "published": "2026-10-28T00:38:52.000Z"
      },
      {
        "outlet": "Korea IT Times",
        "title": "SK hynix Posts Record 83.3 Trillion Won Profit as HBM4 and Long-Term Deals Strengthen Growth",
        "url": "https://urgent.news/2026/10/28/sk-hynix-posts-record-83-3-trillion-won-profit-as-hbm4-and-long-term",
        "published": "2026-10-28T02:50:51.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}