SEOUL, Sept. 5 (Korea Bizwire) – In a move signaling strengthening ties between South Korea and the United States, Lee Jae-yong, the executive chairman of Samsung Electronics, met with a delegation of U.S. senators and the U.S. Ambassador to South Korea, Philip Goldberg, to discuss ways to boost business cooperation between the two countries. The meeting, [...]
SEOUL, Dec. 27 (Korea Bizwire) — The chief of global tech titan Samsung Electronics Co. has remained South Korea’s richest stockholder as the value of shares held by the country’s wealthiest 100 swelled nearly 20 percent over the past year, a corporate tracker said Wednesday. Samsung Electronics Executive Chairman Lee Jae-yong held stocks worth 14.7 [...]
SEOUL, May 7 (Korea Bizwire) — Samsung Electronics Executive Chairman Lee Jae-yong has recently met with leaders of global pharmaceutical companies in the United States, the company said Sunday, in line with its efforts to find new growth engines beyond semiconductors. Lee held the series of meetings with CEOs from five major companies: Joaquin Duato [...]
SEOUL, March 26 (Korea Bizwire) — Samsung Electronics Executive Chairman Lee Jae-yong has visited a semiconductor components manufacturing site in China run by a Samsung affiliate, the company said Sunday, in the first such trip to the neighboring country in three years. Lee visited the manufacturing facility in Tianjin, operated by Samsung Electro-Mechanics Co., on [...]
SEOUL, Oct. 27 (Korea Bizwire) — Samsung Electronics Co.’s new Chairman Lee Jae-yong called on employees Thursday to rise up to challenges and to focus more on technology development. “Now is time for us to mount more bold challenges. Our survival depends on future technologies,” he said in a message posted on the company’s internal [...]
SEOUL, Oct. 11 (Korea Bizwire) — Samsung Group’s de facto leader Lee Jae-yong on Tuesday attended the opening ceremony of the fourth plant of Samsung Biologics Co., the biotech arm of South Korea’s Samsung Group, in a sign of the group’s dedication to nurture biopharmaceuticals as one of its next growth drivers. The plant, which [...]
SEOUL, Sep. 12 (Korea Bizwire) — Samsung Electronics Vice Chairman Lee Jae-yong has visited key production sites run by Samsung units and other affiliated firms in Mexico as he steps up activities as the de facto head of South Korea’s largest business enterprise. Lee has been visiting the Central American country since last Thursday (local [...]
SEOUL, Aug. 12 (Korea Bizwire) — Samsung Electronics Vice Chairman Lee Jae-yong was given a presidential pardon on Friday, in a move widely expected to help him consolidate his leadership and speed up business decision-making in the country’s biggest conglomerate. The decision comes as the tech giant has been faced with intensifying global competition from [...]
SEOUL, Aug. 12 (Korea Bizwire) — President Yoon Suk-yeol granted his first special pardons to Samsung heir Lee Jae-yong, Lotte Group Chairman Shin Dong-bin and 1,691 others on the occasion of next week’s Liberation Day anniversary, the government said Friday. The government announced the pardons to be effective from Liberation Day on Monday. Former President [...]
SEOUL, June 15 (Korea Bizwire) – Samsung’s de facto leader Lee Jae-yong discussed ways to boost cooperation in the semiconductor business with ASML CEO Peter Wennink, the company said Wednesday. Samsung Electronics Vice Chairman Lee, who is currently on a business trip in Europe, met with Wennink and CTO Martin van den Brink at the [...]