Lee Jae-yong Archives | Be Korea-savvy
Samsung Vice Chairman Discusses Contingency Plan for Japan’s Export Curbs

Samsung Vice Chairman Discusses Contingency Plan for Japan’s Export Curbs

SEOUL, Jul. 14 (Korea Bizwire) — Samsung Electronics Vice Chairman Lee Jae-yong has convened a meeting with top executives to discuss countermeasures against Japan’s export restrictions of key materials and possibilities of expanding the measures to other areas, company officials said Sunday. On Saturday, Lee met with Kim Ki-nam, head of the company’s device solution [...]

Samsung Electronics President Grilled About Accounting Scandal at Biotech Affiliates

Samsung Electronics President Grilled About Accounting Scandal at Biotech Affiliates

SEOUL, Jun. 11 (Korea Bizwire) — Chung Hyun-ho, president of Samsung Electronics, was questioned by prosecutors on Tuesday about his suspected involvement in alleged accounting fraud at the company’s biotech affiliates. The 59-year-old Chung, known as one of the closest aides to Samsung Electronics Vice Chairman Lee Jae-yong, arrived at the Seoul Central District Prosecutors [...]

Samsung Vice Chairman Focuses on New Growth Engines and CSR

Samsung Vice Chairman Focuses on New Growth Engines and CSR

SEOUL, Jan. 9 (Korea Bizwire) — A record-breaking performance last year by Samsung Electronics Co., immediately followed by the earnings shock the company experienced in the fourth quarter last year is clearly bad news for Samsung Electronics Vice Chairman Lee Jae-yong, due to concerns that the company’s legendary semiconductor business may falter under his watch. [...]

Samsung Heir Lee Jae-yong Makes Surprise Appearance in Company Cafeteria

Samsung Heir Lee Jae-yong Makes Surprise Appearance in Company Cafeteria

SEOUL, Jan. 4 (Korea Bizwire) — Samsung Electronics Vice Chairman Lee Jae-yong made a surprise visit to the company’s cafeteria. During the morning of January 3, Lee visited Samsung Electronics’ Suwon plant and attended a ceremony celebrating the opening of a new production line that will produce 5G network communication equipment. His appearance was captured [...]

Pyongyang Visit Has Many Speculating on Samsung’s Future Relationship with Gov’t

Pyongyang Visit Has Many Speculating on Samsung’s Future Relationship with Gov’t

SEOUL, Sept. 17 (Korea Bizwire) — Lee Jae-yong, the Vice Chairman of Samsung Electronics, was one of the top corporate leaders to be included on the list of people invited to the inter-Korean summit to be held in Pyongyang. On a list released by the Blue House yesterday, the nation’s leading business leaders including Chey [...]

Samsung Announces Massive Domestic Investment and New Hires

Samsung Announces Massive Domestic Investment and New Hires

SEOUL, Aug. 9 (Korea Bizwire) — Lee Jae-yong, Vice Chairman of Samsung Electronics, attended only two public functions in the six months following his release from prison when his sentence was suspended on appeal in February. Lee’s reason for keeping a low profile is said to be due to his urge to focus on discovering [...]

Samsung Head Lee Jae-yong Visits China

Samsung Head Lee Jae-yong Visits China

SEOUL, May 3 (Korea Bizwire) — Samsung Electronics Vice Chairman Lee Jae-yong’s Wednesday visit to the “Silicon Valley” of China, the special economic zone of Shenzhen in Guangdong Province, has promoted speculation on the visit’s purpose. Some say that Lee may have a specific outcome in mind as his entourage included upper-management officials overlooking Samsung’s [...]

Samsung’s Heir Apparent Plans to Make More Overseas Trips: Sources

Samsung’s Heir Apparent Plans to Make More Overseas Trips: Sources

SEOUL, April 4 (Korea Bizwire) – Samsung Electronics Co. Vice Chairman Lee Jae-yong, the heir apparent of the family-controlled conglomerate Samsung, plans to make more overseas business trips down the road to foster new growth engines for the company, industry sources said Wednesday. Lee’s plans to go abroad come as state prosecutors are looking into allegations that Samsung Group actively stamped out any moves to create labor unions among [...]