Sunday, Feb 25, 2024 | Last Update : 11:41 PM IST

Lee Jae-Yong

Samsung heir's troubles multiply, charged with fraud in taking over reins of company

Lee Jae-yong, vice chairman of Samsung Electronics, committed stock manipulation, breach of trust and other offences, prosecutors said.

01 Sep 2020 4:34 PM

Samsung heir Lee apologises for scandal over his succession and case for bribing former president

S Korean president Park Guen-hye was ousted for allegedly accepting bribes to ensure a smooth transition for Lee to succeed his ill father.

06 May 2020 2:59 PM

Samsung to put USD 22 billion in artificial intelligence, autos

Samsung said on Wednesday it will spend the sum, amounting to 25 trillion won, to hire artificial intelligence researchers.

08 Aug 2018 12:26 PM

South Korean media mounting division over Samsung heir verdict

Chaebols were instrumental in South Korea's economic rise but have long had murky connections with political authorities.

28 Aug 2017 3:56 PM

Samsung heir Lee Jae-Yong convicted of bribery, embezzlement gets 5 yrs jail

The court found the money was in return for policy favours including government support for Lee's hereditary succession at the group.

25 Aug 2017 12:43 PM


Samsung to sell refurbished Galaxy Note 7s post battery humiliation  

They will be priced below 700,000 won (USD 616) and sales are slated to start July 7.

27 Jun 2017 12:31 PM