Prosecutors are seeking a warrant to arrest Samsung Group’s Jay Y Lee for allegations including bribery, a stunning turn for the scion of South Korea’s richest family groomed for decades to take over the company from his father. Lee, 48, the de facto
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Prosecutors questioned Samsung Electronics’ vice chairman and heir apparent for about 22 hours in an influence-peddling probe that has reached the highest levels of government and business in South Korea. Jay Y Lee was released early
Samsung Electronics vice chairman Jay Y Lee was called for questioning by South Korea’s special prosecutors over allegations that the country’s biggest conglomerate paid bribes to gain support for a merger of affiliates. Special prosecutors
Samsung Group is getting pulled deeper into the scandal engulfing Korea’s president, with prosecutors homing in on whether an US$830 000 horse and millions in other payments were made to smooth succession at the top of the country’s
Samsung Electronics has posted profit that beat estimates as buoyant memory chip prices helped the world’s largest smartphone maker bounce back from the death of its fire-prone Galaxy Note7. Operating income rose by
Samsung Electronics didn’t quite come out and actually say it, but Korea’s most valuable company is probably going to split as soon as next year. Samsung’s stock reached its highest since going public
Samsung Electronics took out out full-page newspaper advertisements in the US to apologise for its fire-prone Galaxy Note7 phones, seeking to restore its battered reputation. The message from the world’s
An influence-peddling scandal shadowing Korean President Park Geun-hye is raising fresh questions about decades of cozy ties between the nation’s big conglomerates and those in power. Successive governments
The financial burden of Samsung Electronics’ Galaxy Note7 crisis is becoming clearer, as Korea’s largest company tallies the cost of recalling and terminating production of the fire-prone smartphone. The Suwon-based
Samsung Electronics is corporate royalty in Korea. It’s also a company recognised for its marketing smarts and engineering savvy worldwide, so much so that consulting firm Interbrand ranked it as the world’s seventh most