SEOUL, Aug 21 : Samsung SDI said on Friday it will sell 13.09 million shares in affiliate Samsung Display to the display maker for about 4.45 trillion won ($3.21 billion), to raise funds for investments in future growth engines. Samsung Display plans to buy the shares as treasury stock at 340,000 won each, Sa

Proposal comes as rival SK Hynix plans massive share buyback program

SEOUL, Aug 21 : Samsung Electronics will hold a board meeting on Friday afternoon to discuss a new shareholder return package, a person familiar with the matter said, after media…