Samsung, SK Hynix Corporate Taxes Surge 167% Amid AI Chip Boom

Samsung, SK hynix tax payments surge 167% on chip boom

Samsung Electronics and SK hynix paid a combined 11.21 trillion won ($7.99 billion) in corporate taxes in the first half, up 167 percent from a year earlier, as the AI-driven chip boom translated into higher tax bills. According to regulatory filings Sunday, Samsung paid 3.99 trillion won, up from 1.12 trillion won a year earlier. SK hynix paid a record 7.22 trillion won, more than double the previous year’s 3.07 trillion won. The combined total was the second-highest for any first half, trailin

By The Korea Herald