{
  "id": 4577523,
  "title": "Samsung, SK hynix Pay 11.2 Trillion Won in Corporate Taxes",
  "url": "https://urgent.news/2026/08/31/samsung-sk-hynix-pay-11-2-trillion-won-in-corporate-taxes",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-31T05:34:16.000Z",
  "source": {
    "name": "BusinessKorea",
    "slug": "businesskorea",
    "url": "https://www.businesskorea.co.kr/news/articleView.html?idxno=275849"
  },
  "original_language": "en",
  "account": "Samsung Electronics and SK hynix collectively paid more than 11 trillion won ($8 billion) in corporate taxes during the first half of this year. Their combined payments marked a 167% increase from the previous year, underscoring the semiconductor industry's growth and its contribution to government revenue. The Financial Supervisory Service's electronic disclosure system revealed that Samsung Electronics paid 3.99 trillion won and SK hynix paid 7.22 trillion won respectively. SK hynix achieved its highest-ever first-half corporate tax payment, surpassing its 2019 record. The tax payments were primarily based on the companies' performance from the previous year, with annual corporate tax returns typically filed in March and interim payments made in August. The two companies' earnings have surged sixfold to ninefold from last year, with Samsung Electronics posting 146.7 trillion won in operating profit and SK hynix posting 98.2 trillion won, according to the latest estimates. Industry experts estimate that if the combined operating profit reaches 500 trillion to 600 trillion won, the companies could pay over 100 trillion won annually in corporate taxes, far exceeding the previous annual record of 15.64 trillion won.",
  "summary": "Samsung Electronics and SK hynix paid more than 11 trillion won ($8 billion) in corporate taxes in the first half of this year, underscoring their growing contribution to government tax revenue as a recovery in the semiconductor industry boosted their earnings.Samsung Electronics and SK hynix paid 3",
  "key_points": [
    "Samsung and SK hynix paid over 11 trillion won in corporate taxes in H1 2023.",
    "Samsung paid 3.99 trillion won, SK hynix paid 7.22 trillion won.",
    "Combined earnings surged sixfold to ninefold, potentially increasing taxes to over 100 trillion won."
  ],
  "editors_take": "The surge in corporate tax payments from Samsung Electronics and SK hynix indicates the significant growth of the semiconductor industry and its substantial contribution to government revenue.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}