Lee Jae-yong
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Samsung Expects Chip Demand to Recover in 2023 as Q3 Profits Fall, Names Lee Jae-Yong Executive Chairman
Samsung on Thursday said Q3 operating profits fell 31.39 percent year-on-year, as "demand for consumer products remained weak". The South Korean company also announced that Samsung heir and de facto leader Lee Jae-yong, who received a presidential pardon in August over a fraud conviction, would be promoted to executive chairman.
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Samsung Boss Lee Jae-Yong Receives Presidential Pardon in Bribery, Embezzlement Cases
Samsung boss Lee Jae-Yong received a presidential pardon in the cases which convicted him of corruption on economic grounds. The billionaire is given a chance to "contribute to overcoming the economic crisis" of the country. Lee will now be allowed to fully return to work as his five-year post-prison employment restriction has been lifted.
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Billionaire Samsung Boss, Convicted In Bribery Case, Gets Presidential Pardon
The heir and de facto leader of Samsung group received a presidential pardon today, the latest example of South Korea's long tradition of freeing business leaders convicted of corruption on economic grounds.
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Samsung Vice Chairman Convicted, Fined For Illegal Anaesthetic Drug Use
The de-facto leader of South Korea's sprawling Samsung group Lee Jae-yong was convicted Tuesday of illegally using the anaesthetic drug propofol, the latest legal travail to beset the multi-billionaire.
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Jailed Samsung Chief Granted Release On Parole
The jailed de facto leader of the giant Samsung group will be released early on parole this week, South Korea's justice ministry said Monday, easing concerns over a possible leadership vacuum at the conglomerate.
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Samsung Heir Charged With Fraud Over Succession-Linked Deal
South Korean prosecutors indicted the heir to the Samsung empire Tuesday over a controversial merger of two business units seen as a key step towards his succession, in the latest legal blow to the sprawling conglomerate.
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South Korean Prosecutors Seek Arrest Warrant For Samsung Heir
South Korean prosecutors have asked for an arrest warrant for Samsung vice-chairman and heir Lee Jae-yong as part of an investigation into a controversial 2015 merger of two Samsung units, their office said Thursday.
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"This Is My Fault": Samsung Heir Apologises Over Corruption Scandal
The heir to the Samsung empire bowed in apology Wednesday for company misconduct including a controversial plan for him to ascend to the leadership of the world's largest smartphone maker.
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Samsung Heir Faces New Bribery Trial
Lee Jae-yong has effectively been at the helm of the sprawling Samsung group since his father and group chairman Lee Kun-hee was left bedridden by a heart attack in 2014.
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Samsung Heir in India, Likely to Meet PM Narendra Modi and Mukesh Ambani: Report
Samsung Electronics Vice Chairman Lee Jae-yong is currently in India, provoking speculation that the South Korean tech giant may make further investments to expand its presence in the country, industry sources said on Monday.
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Court Orders Retrial For Samsung Heir In Bribery Case
South Korea's top court on Thursday ordered a new trial for Samsung heir Lee Jae-yong, who was convicted of offences including bribery and embezzlement in connection with the scandal that brought down former president Park Geun-hye.
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Samsung to Focus on Its Core Amid Rising Uncertainties
Samsung Electronics Vice Chairman Lee Jae-yong met with five heads of the company's major divisions over the weekend.
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Samsung Heir Lee Jae-Yong Released From Prison on Appeal
Lee, vice chairman of Samsung Electronics, was convicted of bribery in connection with the sprawling corruption scandal that brought down former South Korean president Park Geun-Hye.
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Samsung Scion Denies Corruption Charges as Legal Appeal Nears End
Jay Y. Lee, the 49-year-old heir to one of the world's biggest corporate empires, has been detained since February.
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Samsung Scion Jay Y. Lee Appeals Against 5-Year Jail Term for Bribery
The sentencing of the billionaire Samsung scion was a watershed for South Korea's decades-long economic order.
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Samsung Expects Chip Demand to Recover in 2023 as Q3 Profits Fall, Names Lee Jae-Yong Executive Chairman
Samsung on Thursday said Q3 operating profits fell 31.39 percent year-on-year, as "demand for consumer products remained weak". The South Korean company also announced that Samsung heir and de facto leader Lee Jae-yong, who received a presidential pardon in August over a fraud conviction, would be promoted to executive chairman.
-
Samsung Boss Lee Jae-Yong Receives Presidential Pardon in Bribery, Embezzlement Cases
Samsung boss Lee Jae-Yong received a presidential pardon in the cases which convicted him of corruption on economic grounds. The billionaire is given a chance to "contribute to overcoming the economic crisis" of the country. Lee will now be allowed to fully return to work as his five-year post-prison employment restriction has been lifted.
-
Billionaire Samsung Boss, Convicted In Bribery Case, Gets Presidential Pardon
The heir and de facto leader of Samsung group received a presidential pardon today, the latest example of South Korea's long tradition of freeing business leaders convicted of corruption on economic grounds.
-
Samsung Vice Chairman Convicted, Fined For Illegal Anaesthetic Drug Use
The de-facto leader of South Korea's sprawling Samsung group Lee Jae-yong was convicted Tuesday of illegally using the anaesthetic drug propofol, the latest legal travail to beset the multi-billionaire.
-
Jailed Samsung Chief Granted Release On Parole
The jailed de facto leader of the giant Samsung group will be released early on parole this week, South Korea's justice ministry said Monday, easing concerns over a possible leadership vacuum at the conglomerate.
-
Samsung Heir Charged With Fraud Over Succession-Linked Deal
South Korean prosecutors indicted the heir to the Samsung empire Tuesday over a controversial merger of two business units seen as a key step towards his succession, in the latest legal blow to the sprawling conglomerate.
-
South Korean Prosecutors Seek Arrest Warrant For Samsung Heir
South Korean prosecutors have asked for an arrest warrant for Samsung vice-chairman and heir Lee Jae-yong as part of an investigation into a controversial 2015 merger of two Samsung units, their office said Thursday.
-
"This Is My Fault": Samsung Heir Apologises Over Corruption Scandal
The heir to the Samsung empire bowed in apology Wednesday for company misconduct including a controversial plan for him to ascend to the leadership of the world's largest smartphone maker.
-
Samsung Heir Faces New Bribery Trial
Lee Jae-yong has effectively been at the helm of the sprawling Samsung group since his father and group chairman Lee Kun-hee was left bedridden by a heart attack in 2014.
-
Samsung Heir in India, Likely to Meet PM Narendra Modi and Mukesh Ambani: Report
Samsung Electronics Vice Chairman Lee Jae-yong is currently in India, provoking speculation that the South Korean tech giant may make further investments to expand its presence in the country, industry sources said on Monday.
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Court Orders Retrial For Samsung Heir In Bribery Case
South Korea's top court on Thursday ordered a new trial for Samsung heir Lee Jae-yong, who was convicted of offences including bribery and embezzlement in connection with the scandal that brought down former president Park Geun-hye.
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Samsung to Focus on Its Core Amid Rising Uncertainties
Samsung Electronics Vice Chairman Lee Jae-yong met with five heads of the company's major divisions over the weekend.
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Samsung Heir Lee Jae-Yong Released From Prison on Appeal
Lee, vice chairman of Samsung Electronics, was convicted of bribery in connection with the sprawling corruption scandal that brought down former South Korean president Park Geun-Hye.
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Samsung Scion Denies Corruption Charges as Legal Appeal Nears End
Jay Y. Lee, the 49-year-old heir to one of the world's biggest corporate empires, has been detained since February.
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Samsung Scion Jay Y. Lee Appeals Against 5-Year Jail Term for Bribery
The sentencing of the billionaire Samsung scion was a watershed for South Korea's decades-long economic order.
