2023: Samsung Electronics plans AI expansion, pays $7.3B in dividends, despite net profit drop.
Samsung Electronics, the largest memory chip maker, expects high macroeconomic uncertainties in 2023 but is optimistic about new opportunities in artificial intelligence (AI). The company's Vice Chairman and CEO, Han Jong-hee, informed shareholders of plans to expand technological innovation in AI and new businesses for sustainable growth. Despite a 72.2% drop in net profit, Samsung plans to pay a total of 9.8 trillion won ($7.3 billion) in dividends for 2023.
March 20, 2024
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