Jay Y Lee

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.

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 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.

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.

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.

Jay Y. Lee, the 49-year-old heir to one of the world's biggest corporate empires, has been detained since February.

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.

The sentencing of the billionaire Samsung scion was a watershed for South Korea's decades-long economic order.

Seoul Central District Court was delivering its verdict on charges against Lee ranging from bribery to perjury in a scandal that led to the ouster of President Park Geun-hye.

A South Korean court hearing bribery charges against the leader of Samsung Group, Jay Y Lee, said on Friday he had provided bribes anticipating support from the then-president, Park Geun-hye, the Yonhap news agency reported.

Samsung faces two crucial moments this week - the launch of a new smartphone and a hearing that will determine whether its vice chairman will spend the next 12 years in jail.

The head of South Korea's Samsung Group, Jay Y Lee, denies all charges against him, his lawyer said on Thursday, at the start of what the special prosecutor said could be the "trial of the century" amid a political scandal that has rocked the country.

For Jay Y Lee, the third-generation leader of South Korea's massive Samsung Group and scion of the country's wealthiest family, home is now a 6.56 square meter (71 square foot) detention cell with a toilet in the corner behind a partition.

The heir apparent to the Samsung business empire appeared at a South Korean court on Wednesday as a judge began deliberating whether to formally arrest him over his alleged role in a snowballing corruption scandal engulfing President Park Geun-Hye.

South Korea's special prosecutor said on Sunday it will take into account the economic impact of whether to arrest Samsung Group leader Jay Y. Lee in connection with an influence-peddling investigation involving the president.

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.

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 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.

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.

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.

Jay Y. Lee, the 49-year-old heir to one of the world's biggest corporate empires, has been detained since February.

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.

The sentencing of the billionaire Samsung scion was a watershed for South Korea's decades-long economic order.

Seoul Central District Court was delivering its verdict on charges against Lee ranging from bribery to perjury in a scandal that led to the ouster of President Park Geun-hye.

A South Korean court hearing bribery charges against the leader of Samsung Group, Jay Y Lee, said on Friday he had provided bribes anticipating support from the then-president, Park Geun-hye, the Yonhap news agency reported.

Samsung faces two crucial moments this week - the launch of a new smartphone and a hearing that will determine whether its vice chairman will spend the next 12 years in jail.

The head of South Korea's Samsung Group, Jay Y Lee, denies all charges against him, his lawyer said on Thursday, at the start of what the special prosecutor said could be the "trial of the century" amid a political scandal that has rocked the country.

For Jay Y Lee, the third-generation leader of South Korea's massive Samsung Group and scion of the country's wealthiest family, home is now a 6.56 square meter (71 square foot) detention cell with a toilet in the corner behind a partition.

The heir apparent to the Samsung business empire appeared at a South Korean court on Wednesday as a judge began deliberating whether to formally arrest him over his alleged role in a snowballing corruption scandal engulfing President Park Geun-Hye.

South Korea's special prosecutor said on Sunday it will take into account the economic impact of whether to arrest Samsung Group leader Jay Y. Lee in connection with an influence-peddling investigation involving the president.