Tim Culpan, Columnist

Samsung's Convenient Cover Story

Chips and displays are highly cyclical, and history has a habit of repeating itself.
Photographer: Jung Yeon-Je/Getty Images
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Samsung Electronics Co. made two major announcementsBloomberg Terminal on Tuesday amid its third-quarter earnings release. They need to be understood separately, but analyzed together.

First, South Korea's biggest company pledged to double dividend payouts next year and dish out a total of 29 trillion won ($26 billion) in the three years through 2020.