Samsung boosts dividend, but will retain most of its cash

Samsung Electronics is increasing its stock dividend by 79% this year, but the company plans to retain most of its $50 billion in cash to deal with a technology industry "in turmoil," co-CEO Kwon Oh-hyun told investors. "In order to have better dividends in the future, we need to have sustained growth," Kwon said. "... Some of the companies that we thought were too big to fail are now struggling through difficulties."

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