Lee Jae-yong Archives | Be Korea-savvy
Samsung Electronics’ Reputation Plunges on Heir’s Arrest

Samsung Electronics’ Reputation Plunges on Heir’s Arrest

SEOUL, Sept. 19 (Korea Bizwire) — Samsung Electronics Co.’s reputation plunged in 2017 compared with the year before, industry data showed Tuesday, apparently due to the arrest of its de facto head coupled with the Galaxy Note 7 debacle. According to the U.S.-based Reputation Institute, Samsung’s ranking in terms of corporate social responsibility plunged 69 [...]

Foreigners May Intervene in Samsung Management After Court Ruling

Foreigners May Intervene in Samsung Management After Court Ruling

SEOUL, Aug. 28 (Korea Bizwire) – Foreign stakeholders may expand their intervention in management decisions at Samsung Electronics Co. aftera Seoul court found its vice chairman de facto leader guilty of bribery, market watchers warned Sunday. Foreign investors who collectively hold more than 50 percent stake in the world’s largest smartphone manufacturer may demand the company’s board of directors be replaced as Vice Chairman Lee Jae-yong on Friday was sentenced to [...]

Samsung’s Strategic Decision-making in Limbo amid Leader’s Absence

Samsung’s Strategic Decision-making in Limbo amid Leader’s Absence

SEOUL, Aug. 21 (Korea Bizwire) — Crucial decision-making at global tech firm Samsung Electronics Co. has been pushed back since its de facto leader Lee Jae-yong was imprisoned in February, industry sources said Monday. According to the sources, Samsung held fewer in-house strategy meetings in the second quarter compared with the year earlier period. The [...]

Civic Groups Say He’s Guilty, Samsung Heir Lee Insists He’s Not a Bad Person

Civic Groups Say He’s Guilty, Samsung Heir Lee Insists He’s Not a Bad Person

SEOUL, Aug. 9 (Korea Bizwire) — One would think that the looming possibility of a double digit prison sentence would have the plaintiff arguing for one’s innocence. Instead, in what may well be the darkest hour of his life, Lee Jae Yong is pouring his heart out trying to convince people that he’s not a bad [...]