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 [...]
SEOUL, June 15 (Korea Bizwire) — Samsung’s de facto leader Lee Jae-yong discussed ways to boost cooperation in the semiconductor industry with Dutch Prime Minister Mark Rutte, the company said Wednesday. Samsung Electronics Vice Chairman Lee, who is currently on a business trip in Europe, met with Rutte at his office in the Hague, the [...]
SEOUL, June 3 (Korea Bizwire) — Samsung Electronics Vice Chairman Lee Jae-yong will leave for the Netherlands next week, in a business trip widely expected to secure highly advanced chipmaking machines by the Dutch chip equipment maker ASML. On Thursday, Lee asked for permission to be absent from his ongoing trial at the Seoul Central [...]
SEOUL, Dec. 6 (Korea Bizwire) — Samsung Group’s de facto leader Lee Jae-yong left for the United Arab Emirates on Monday in the latest move to expand global networks and seek new business opportunities. The trip will also take the vice chairman of Samsung Electronics Co. to Saudi Arabia. Lee plans to enhance cooperation in [...]
SEOUL, Nov. 23 (Korea Bizwire) — Samsung Electronics Co. Vice Chairman Lee Jae-yong has met with the chiefs of Google and Microsoft to discuss future cooperation in chips, software and others, Samsung officials said Tuesday. The meetings earlier this week with Google CEO Sundar Pichai and Microsoft CEO Satya Nadella came as the world’s largest [...]