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Samsung Electronics Says It Is Not Interested in Spinning Off Foundry Business
Samsung chairperson Jay Y. Lee has said that the company is not looking to spin off its businesses of contract chip manufacturing and logic chip designing operation. Analysts say the two businesses are incurring billions of dollars of annual losses due to weak demand and have been dragging down Samsung's overall performance.
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Softbank CEO to Meet With Samsung to Discuss 'Strategic Alliance' With Arm: All Details
Softbank CEO Masayoshi Son on Thursday said he wanted to meet South Korean tech giant Samsung to discuss a strategic alliance between the company and Arm, which is backed by Softbank. Monetising Arm has become a primary preoccupation for executives at tech conglomerate SoftBank. Son's statement followed Samsung Vice Chairman Jay Y. Lee reportedly s...
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Samsung Chief Jay Y Lee Admits In Seoul Court To Unlawful Sedative Use
Samsung conglomerate chief Jay Y. Lee admitted in court on Tuesday to unlawful use of a controlled substance, as the executive's legal troubles continued despite his release on parole in August after a bribery conviction.
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Samsung Leader Jay Y. Lee Granted Parole, To Leave Prison On Friday
Samsung Electronics vice chairman Jay Y. Lee, in jail after convictions for bribery, embezzlement and other charges, has qualified for parole and is expected to leave prison this Friday, South Korea's justice ministry said.
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Samsung Chief Jailed For 2.5 Years Over Corruption Scandal
A South Korean court sentenced Samsung Electronics vice chairman Jay Y. Lee to two and a half years in prison on Monday, which could delay the group's ownership restructuring following the death of Lee's father in October.
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Samsung Heir Questioned In Succession-Related Probe
Samsung Group heir Jay Y Lee was questioned on Tuesday by prosecutors about a controversial 2015 merger and alleged accounting fraud that they said may have helped him advance his succession-planning agenda at the country's top conglomerate.
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Samsung Billionaire Apologizes For Succession Scandal, To End Family Rule
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, an unusual public sign of contrition from the country's most powerful conglomerate.
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Why The Fate Of Samsung's Billionaire Heir Turns On Horses
Jay Y Lee took a more active and urgent interest in the matter after a second meeting where Park told him again to "buy a good horse," said the court.
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Samsung Heir Jay Y. Lee's Release Lifts Hopes for New Jobs, Investment
After a year in detention, the heir to South Korea's largest business empire walked free on Monday as an appeals court suspended his jail term.
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Samsung's Jay Y. Lee Walks Free As South Korea Court Suspends Jail Term
A South Korean appeals court on Monday suspended a jail sentence handed down to Samsung Group heir Jay Y. Lee, setting him free after a year's detention amid a corruption scandal that brought down the former president.
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South Korean Appeals Court To Rule On Samsung Jay Y. Lee's Conviction And Jail Term
A South Korean appeals court will rule on Monday on Samsung Group scion Jay Y. Lee's conviction and jail term for corruption in a case that led to the ouster of the nation's president last year.
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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 Electronics CEO Kwon Oh-Hyun To Step Down
Kwon Oh-hyun oversaw the growth of Samsung's component business which now generates much of the firm's profits, dwarfing earnings from smartphones and other mobile devices.
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Samsung Group Scion Jay Y. Lee Set to Begin Appeal on Thursday
A lower court last month convicted the 49-year-old Lee, heir to the Samsung Group and one of Asia's largest technology companies.
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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 Electronics Says It Is Not Interested in Spinning Off Foundry Business
Samsung chairperson Jay Y. Lee has said that the company is not looking to spin off its businesses of contract chip manufacturing and logic chip designing operation. Analysts say the two businesses are incurring billions of dollars of annual losses due to weak demand and have been dragging down Samsung's overall performance.
-
Softbank CEO to Meet With Samsung to Discuss 'Strategic Alliance' With Arm: All Details
Softbank CEO Masayoshi Son on Thursday said he wanted to meet South Korean tech giant Samsung to discuss a strategic alliance between the company and Arm, which is backed by Softbank. Monetising Arm has become a primary preoccupation for executives at tech conglomerate SoftBank. Son's statement followed Samsung Vice Chairman Jay Y. Lee reportedly s...
-
Samsung Chief Jay Y Lee Admits In Seoul Court To Unlawful Sedative Use
Samsung conglomerate chief Jay Y. Lee admitted in court on Tuesday to unlawful use of a controlled substance, as the executive's legal troubles continued despite his release on parole in August after a bribery conviction.
-
Samsung Leader Jay Y. Lee Granted Parole, To Leave Prison On Friday
Samsung Electronics vice chairman Jay Y. Lee, in jail after convictions for bribery, embezzlement and other charges, has qualified for parole and is expected to leave prison this Friday, South Korea's justice ministry said.
-
Samsung Chief Jailed For 2.5 Years Over Corruption Scandal
A South Korean court sentenced Samsung Electronics vice chairman Jay Y. Lee to two and a half years in prison on Monday, which could delay the group's ownership restructuring following the death of Lee's father in October.
-
Samsung Heir Questioned In Succession-Related Probe
Samsung Group heir Jay Y Lee was questioned on Tuesday by prosecutors about a controversial 2015 merger and alleged accounting fraud that they said may have helped him advance his succession-planning agenda at the country's top conglomerate.
-
Samsung Billionaire Apologizes For Succession Scandal, To End Family Rule
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, an unusual public sign of contrition from the country's most powerful conglomerate.
-
Why The Fate Of Samsung's Billionaire Heir Turns On Horses
Jay Y Lee took a more active and urgent interest in the matter after a second meeting where Park told him again to "buy a good horse," said the court.
-
Samsung Heir Jay Y. Lee's Release Lifts Hopes for New Jobs, Investment
After a year in detention, the heir to South Korea's largest business empire walked free on Monday as an appeals court suspended his jail term.
-
Samsung's Jay Y. Lee Walks Free As South Korea Court Suspends Jail Term
A South Korean appeals court on Monday suspended a jail sentence handed down to Samsung Group heir Jay Y. Lee, setting him free after a year's detention amid a corruption scandal that brought down the former president.
-
South Korean Appeals Court To Rule On Samsung Jay Y. Lee's Conviction And Jail Term
A South Korean appeals court will rule on Monday on Samsung Group scion Jay Y. Lee's conviction and jail term for corruption in a case that led to the ouster of the nation's president last year.
-
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.
-
Samsung Electronics CEO Kwon Oh-Hyun To Step Down
Kwon Oh-hyun oversaw the growth of Samsung's component business which now generates much of the firm's profits, dwarfing earnings from smartphones and other mobile devices.
-
Samsung Group Scion Jay Y. Lee Set to Begin Appeal on Thursday
A lower court last month convicted the 49-year-old Lee, heir to the Samsung Group and one of Asia's largest technology companies.
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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.
