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 [...]
SEOUL, Nov. 18 (Korea Bizwire) — Samsung Group’s de facto leader Lee Jae-yong has met with leaders of Moderna and Verizon in the United States to enhance cooperation with the global partners, Samsung said Thursday, as part of efforts to secure the conglomerate’s next growth engines. Lee, vice chairman of Samsung Electronics Co., met Noubar [...]
SEOUL, Nov. 14 (Korea Bizwire) — Lee Jae-yong, the de facto chief of Samsung Group, embarked on a business trip to North America on Sunday reportedly aimed at finalizing a project to build a new U.S. chip plant and holding talks over COVID-19 vaccines with Moderna Inc. According to industry sources, Lee is scheduled to [...]
SEOUL, Oct. 26 (Korea Bizwire) — Samsung Group heir Lee Jae-yong was fined 70 million won (US$60,055) Tuesday for illegally using propofol, an anesthetic medication, dozens of times over a period of years. The Seoul Central District Court also ordered an additional forfeiture of 17 million won as it convicted Lee of violations of the [...]
SEOUL, Oct. 5 (Korea Bizwire) — Lee Jae-yong, the chief of South Korea’s top conglomerate Samsung Group, remains the country’s richest stockholder despite a fall in the value of his shareholdings, a corporate tracker said Tuesday. Stock holdings of Lee, vice chairman of global tech titan Samsung Electronics Co., were valued at 14.17 trillion won [...]