The de facto leader of Samsung Group, Jay Y Lee, appeared before a Korean court on Monday, awaiting a ruling on whether new allegations will send him back to jail.
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South Korean prosecutors have summoned Samsung Electronics vice chairman Jay Y Lee for questioning in an ongoing investigation into alleged accounting fraud and a controversial 2015 merger of two Samsung affiliates.
Jay Y Lee, the billionaire scion of Samsung Group, issued a personal apology for his company’s role in a scandal over succession that rocked South Korea and promised not to hand down leadership to his children.
Samsung Display plans to spend $11-billion developing and building next-generation displays, responding to a flood of supply and price pressure from fast-moving Chinese rivals.
South Korea’s highest court has ordered the retrial of Samsung Electronics vice chairman Jay Y Lee over bribery charges, reviving legal uncertainty around the country’s largest company.
Samsung Electronics vice chairman Jay Y Lee said the company will pursue investment in future businesses including 6G mobile networks and system semiconductors.
Samsung Electronics grabbed centre stage in Barcelona at Mobile World Congress with the unveiling of its latest flagship handset, the Galaxy S9. The South Korea-based technology giant is banking on new features such as
A South Korean appeals court let Samsung Electronics vice chairman Jay Y Lee walk free from prison after suspending his sentence for bribery, a stunning reversal that raises questions about the government’s
The CEO of Samsung Electronics is stepping down in a surprise resignation after decades at the company, saying it needed new leadership following a bribery scandal that led to the imprisonment of its de facto chief. Kwon Oh-hyun, who
History was made in a Seoul court on Friday when Jay Y Lee, scion of the family that founded the giant Samsung conglomerate, was convicted on bribery and embezzlement charges and sentenced to five years in prison