Samsung plans a 90 trillion won buyback to fund a chip-worker bonus

Samsung Electronics is preparing a share buyback worth about 90 trillion won, one of the largest repurchase programmes a South Korean company has attempted, the Yonhap News Agency reported on Wednesday, citing unidentified industry sources. The figure works out to $58.61bn at the won’s current level, and the news sent Samsung shares up more than 6% […] This story continues at The Next Web