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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 [...]

Samsung Marks 80th Anniversary of Founding in Low-key Manner

Samsung Marks 80th Anniversary of Founding in Low-key Manner

SEOUL, Mar. 20 (Korea Bizwire) — South Korea’s largest conglomerate Samsung is set to celebrate its 80th anniversary this week without official events, industry watchers said Tuesday, as it seeks to avoid public attention after the release of its de facto heir Lee Jae-yong from prison. The family-controlled group, whose major affiliates include Samsung Electronics [...]

Leading S. Korean University to Make Corporate Ethics Class a Core Requirement

Leading S. Korean University to Make Corporate Ethics Class a Core Requirement

SEOUL, Feb. 7 (Korea Bizwire) – Faculty at the elite Seoul National University business school have created a new class teaching corporate ethics that will be a core requirement for students going forward. Starting this spring term, the class, titled “Corporate Philosophy and Ethics” will be mandatory for business management students in their freshman year. [...]

Samsung Executive Pledges to Make Efforts for ‘Speed Management’

Samsung Executive Pledges to Make Efforts for ‘Speed Management’

SEOUL, Feb. 6 (Korea Bizwire) — A top executive at Samsung Electronics Co. vowed Tuesday to engage in “speed management,” which could be seen as a move by the tech giant to make aggressive business decisions. Samsung Electronics Vice Chairman Yoon Boo-keun made the comments in a brief meeting with reporters after attending a forum [...]