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BlockBeats News, June 16th, according to a exclusive report by The Korea Economic Daily, SK Hynix plans to launch a mega-scale shareholder return policy of up to 100 trillion Korean won in the fourth quarter of this year. The specific measures include stock buybacks and cash dividends. This move is seen by the outside world as a major strategic bet by SK Group Chairman Choi Tae-won, aiming to enhance the company's position and valuation in the global capital market. According to investment bank and semiconductor industry sources, SK Hynix's stock buyback this time will account for just over 2% of outstanding shares and will officially begin after completing its American Depositary Receipt (ADR) listing. The ADR listing is expected to be completed in mid-next month. This mega-scale shareholder return plan is designed to dispel concerns from the outside world about potential dilution of existing shareholder value from the ADR listing, while further solidifying SK Hynix's market image as a top global semiconductor company.

Golden Ten Data reported on June 16 that, according to equipment sources, TSMC has recently launched a "CoWoS Glass Substrate Development Plan" to its supply chain, confirming collaboration with ABF substrate supplier Ibiden and panel manufacturer Innolux to jointly verify the feasibility of introducing glass substrates into CoWoS advanced packaging. This marks TSMC's first public disclosure of its glass substrate technology application process, signifying that glass substrates have officially entered the stage of industrialization verification. However, full-scale mass production of glass substrates is still some way off. TSMC emphasized that ongoing research and verification are needed regarding glass thickness and large-scale CoWoS packaging layouts in the future.

Glonghui, June 16 — Dave & Buster's (PLAY.US) shares plunged nearly 14% in pre-market trading. The company’s net profit for the first quarter plummeted from $21.7 million (or $0.62 per share) a year earlier to $5.7 million (or $0.16 per share). Excluding one-off items, adjusted earnings per share stood at $0.22, well below analysts' consensus expectation of $0.56 to $0.90. Revenue for the quarter was $559.2 million, down 1.5% year-on-year, also missing the market forecast of around $580 million.