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Samsung Electronics vice-chairman Lee Jae-yong said he would not allow his children to succeed him at the firm. I will make sure that there will be no more controversy over the succession of management, Lee said during a news conference at the companys office building in Seoul, South Korea, May 6, 2020. He added: I will never take any actions that go against the law. (Photo | AP)

Samsung heir Lee apologises for scandal over his succession and case...

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

6 May 2020 9:29 AM

Lee Jae-yong, vice chairman of Samsung Electronics Co., gets into a car to leave after attending a hearing at the Seoul Central District Court in Seoul, South Korea. (Photo: AP)

Samsung heir's troubles multiply, charged with fraud in taking over...

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

1 Sept 2020 11:04 AM

Researchers from US-based artificial intelligence company, Insilico Medicine, developed a novel deep-learning based model that predicts the biological age of a muscle.

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...

8 Aug 2018 6:56 AM

The vice-chairman of Samsung Electronics, 49, arrived at Seoul Central District Court on a justice ministry bus handcuffed (Photo: AP)

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

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

25 Aug 2017 7:13 AM

Samsung is by far the biggest of the chaebols, as the family-controlled conglomerates that dominate Asias fourth-largest economy are known, with its revenues equivalent to around a fifth of the countrys GDP. (Photo: File)

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...

28 Aug 2017 10:26 AM

Samsung is trying to court shareholders and improve its corporate structure as the cause of the fires in its Galaxy Note 7 cellphones remains a mystery.

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 7:01 AM