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SK Hynix plans a special dividend of about 16 trillion won, valued at $12 billion, derived from 20 trillion won gains on its Kioxia stake. The supplier of high-bandwidth memory for AI data centers expects to announce the payout when it reports third-quarter earnings on Wednesday, according to the DongA Ilbo newspaper.
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Summary by ByteBrief
SK Hynix Shares Plunge 10% Amid Tech Rout