South Korea’s richest businessman will be reinstated
Samsung Electronics Vice Chairman Lee Jae-yong, the de facto chief of the country’s largest conglomerate Samsung Group, gained a presidential pardon on Aug. 12.
Justice Minister Han Dong-hoon said that the Samsung tycoon would...
Chairman Chey will double as chair of SK Telecom
South Korea’s tech giants like Samsung and LG have been pulled out all the stops to preempt the AI market. And now, brick-and-mortar outfits like SK and Hyundai Motor also join...
Lee Jae-yong will stay home this month
Samsung Group chief Lee Jae-yong opted not to visit the United States this month, according to Samsung officials. Watchers come up with various reasons why Lee did not fly to America during the...
22-year-old son's blood alcohol content amounted to 0.164%
The eldest son of Hyundai Motor Group Chairman Chung Eui-sun was indicted for allegedly driving under the influence of alcohol last month when his father was out of the country.
The Seoul Eastern...
Can Lee Jae-yong head Samsung right away?
Released no parole early Aug. 13 after seven months behind bars, Samsung Electronics Vice Chairman Lee Jae-yong moved to the head office of the world’s largest maker of semiconductors and smartphones.
This causes controversies...
After spending seven months behind bars, Vice Chairman Lee will be back
South Korea’s Ministry of Justice said on Aug. 9 that it will grant parole to imprisoned Samsung Electronics Vice Chairman Lee Jae-yong, who will be released later this...
US bizpeople asks for closer semiconductor cooperation between US and Korea
The American Chamber of Commerce in Korea (AMCHAM) said on May 20 that it asked the presidential office to release Samsung Electronics Vice Chairman Lee Jae-yong, who was imprisoned...
Samsung heir did not appear in court due to funeral
Samsung Electronics Vice Chairman Lee Jae-yong saw his trial on bribery charges restart on Oct. 26, just a day after his ailing father of Samsung Chairman Lee Kun-hee died.
The Seoul...
Chief of Korea's top conglomerate hospitalized for six years
Samsung Group Chairman Lee Kun-hee died on Oct. 25. Samsung is South Korea’s top conglomerate of which flagship unit is Samsung Electronics, the world’s No. 1 manufacturer of smartphones and memory...
Korea's richest man leaves great legacy
The following is an announcement from Samsung Electronics about the passing of Samsung Group Chairman Lee Kun-hee. He died on Oct. 25 after being hospitalized for six years.
During his leadership over the past 30 years,...