Lee Jae-yong Archives | Be Korea-savvy
Samsung’s Compliance Committee Urges Group Heir to Apologize over Succession, Labor Union Issues

Samsung’s Compliance Committee Urges Group Heir to Apologize over Succession, Labor Union Issues

SEOUL, March 11 (Korea Bizwire) — Samsung Group’s independent compliance committee on Wednesday urged group heir Lee Jae-yong to apologize over issues related to his succession and address problems regarding the conglomerate’s labor union policy. The seven-member committee said it sent a letter of suggestion to Lee — Samsung Electronics vice chairman and the de-facto [...]

Samsung Heir Visits Virus-hit Plant in S. Korea

Samsung Heir Visits Virus-hit Plant in S. Korea

SEOUL, March 3 (Korea Bizwire) — Samsung Electronics Vice Chairman Lee Jae-yong visited one of the company’s South Korean plants affected by the new coronavirus on Tuesday and encouraged employees there to overcome the crisis. Lee, the heir apparent of Samsung Group, South Korea’s top conglomerate, inspected Samsung Electronics’ smartphone plant in the southeastern city [...]

Prosecution Begins Probe into Samsung Heir’s Alleged Drug Abuse, Samsung Denies

Prosecution Begins Probe into Samsung Heir’s Alleged Drug Abuse, Samsung Denies

SEOUL, Feb. 13 (Korea Bizwire) — Prosecutors have launched an investigation into Samsung heir-apparent Lee Jae-yong’s suspected drug use, while the top conglomerate has flatly denied the allegation. The Seoul Central District Prosecutors Office began the probe after a whistleblower reported the case to the state anti-corruption watchdog, demanding an investigation into the allegation, according [...]

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 [...]