Lee Jae-yong Archives | Be Korea-savvy
Samsung Signs MOU with Saudi Arabia on Entertainment City Project

Samsung Signs MOU with Saudi Arabia on Entertainment City Project

SEOUL, Oct. 30 (Korea Bizwire) — South Korea’s top conglomerate Samsung Group said Wednesday it will join a massive entertainment city development project in Saudi Arabia, with its affiliates taking part in various areas from construction to electronics. Under an agreement with Qiddiya Investment Company (QIC), Samsung will collaborate with Saudi officials on the development [...]

Samsung Heir Visits India to Discuss Mobile Business

Samsung Heir Visits India to Discuss Mobile Business

SEOUL, Oct. 7 (Korea Bizwire) — Samsung Electronics Vice Chairman Lee Jae-yong is visiting India to check the world’s largest smartphone maker’s businesses there, industry sources said Monday, raising speculations that the South Korean tech giant may make further investment to expand its presence in the world’s second-largest smartphone market. Lee arrived in India on [...]

Samsung Heir Urges Efforts to Overcome Display Unit’s Crisis

Samsung Heir Urges Efforts to Overcome Display Unit’s Crisis

SEOUL, Aug. 26 (Korea Bizwire) — Samsung Electronics Vice Chairman Lee Jae-yong called on the company’s display unit Monday to redouble efforts to tide over its current crisis by developing new technologies. Lee, the de facto head of South Korea’s top conglomerate Samsung Group, made the call during a visit to Samsung Display Co.’s factory [...]

Fate of Samsung Scion Hinges on Top Court’s Verdict over Corruption Scandal

Fate of Samsung Scion Hinges on Top Court’s Verdict over Corruption Scandal

SEOUL, Aug. 26 (Korea Bizwire) – The fate of Samsung Electronics Vice Chairman Lee Jae-yong is expected to hinge on the top court’s verdict due this week as he could be stripped of a suspended term over a massive corruption scandal involving disgraced ex-President Park Geun-hye, depending on how the court defines bribery. If he [...]

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 [...]