Shares Plummet Despite Record Earnings Amid "Disappointment Over Shareholder Returns"

South Korea's KOSPI and KOSDAQ indices fell over 3%, driven by weak U.S. tech earnings, including a 12.64% drop in Alphabet. Samsung Electronics and SK Hynix, among others, declined. Retail investors bought, while foreign and institutional investors sold.

Samsung Electronics (005930.KS) plans to invest 84.4 trillion won ($59.1 billion) in capital expenditure this year, a record. The company will allocate 76.8 trillion won to its semiconductor business, reflecting increased demand for AI memory. This spending is 60% higher than last year and exceeds initial projections by over 10 trillion won. Samsung aims to strengthen its lead in advanced memory and contract chip manufacturing.

Samsung Electronics plans 84 trillion won in facility investments to address memory supply shortages, reporting a Q3 operating profit of 107.4 trillion won. Its DX division faced an 800 billion won operating loss due to high memory prices. The Fed kept interest rates unchanged at 3.75%-4%, with Chairman Kevin Wash emphasizing price stability but offering no clear signal on a December rate hike. The government announced plans to supply 76,700 homes in six cities.

Samsung Electronics plans to increase capital expenditure by 60% to $63.1B, targeting market share from SK Hynix and Micron. Despite a 15-fold surge in semiconductor profits, its stock fell due to lack of profit-sharing plans. Samsung has secured long-term supply agreements but faces competition in advanced memory chips like HBM4.

Samsung Electronics reported record Q3 earnings (195T won revenue, 107T won profit), but shares fell 4.13% after the company delayed shareholder return plans. Investors expected more than the 30T won cash dividend announced, with the rest postponed until January 2027. The KOSPI index also dropped 1%.

Samsung Electronics reported a record 107.44 trillion won operating profit for Q3, driven by AI chip demand. Revenue surged 126.9% YoY. The DS division was the top contributor, while the DX division posted a loss. Despite strong profits, shares fell 4.13% due to lack of specific shareholder return plans.