SEOUL, Jun. 11 (Korea Bizwire) — Chung Hyun-ho, president of Samsung Electronics, was questioned by prosecutors on Tuesday about his suspected involvement in alleged accounting fraud at the company’s biotech affiliates. The 59-year-old Chung, known as one of the closest aides to Samsung Electronics Vice Chairman Lee Jae-yong, arrived at the Seoul Central District Prosecutors [...]
SEOUL, Jun. 3 (Korea Bizwire) — Sometimes, in the world of business, the best defense is a good offense, and it seems like Samsung Electronics Co. Vice Chairman Lee Jae-yong wanted to share this message with a handful of key figures at the South Korean tech giant to fend off rising challenges to its business. [...]
SEOUL, Feb. 19 (Korea Bizwire) — “I’m the father of two children. That’s why I am interested in the concerns of the South Korean youth. I will strive to create new hopes and dreams for those who will always be loved,” said Lee Jae-yong, vice chairman of Samsung Electronics Co. at the 2019 business dialogue [...]
SEOUL, Jan. 9 (Korea Bizwire) — A record-breaking performance last year by Samsung Electronics Co., immediately followed by the earnings shock the company experienced in the fourth quarter last year is clearly bad news for Samsung Electronics Vice Chairman Lee Jae-yong, due to concerns that the company’s legendary semiconductor business may falter under his watch. [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
SEOUL, Mar. 30 (Korea Bizwire) — Samsung Electronics Co.’s Vice Chairman Lee Jae-yong, heir apparent to South Korea’s No. 1 business conglomerate, is expected to resume his duties as early as next month after being released from prison last month, industry sources said Friday. Lee, who is currently overseas on business trips, plans to return [...]