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South Korea orders arrest of two Samsung Electronics officials over affiliate"s accounting scandal

A South Korean court said on Saturday it had approved warrants to arrest two senior officials at Samsung Electronics in relation to an alleged accounting fraud at the tech giant's biopharma affiliate......»»

Category: topSource: reutersMay 10th, 2019

Samsung heir"s apology meets with skepticism, watchdog panel seeks concrete plan

Samsung Group heir Jay Y. Lee's vow to end dynastic succession at South Korea's biggest conglomerate following three generations of Lee family control sparked skepticism on Thursday......»»

Category: topSource: reutersMay 7th, 2020

Samsung sets up anti-corruption panel as chief faces trials

South Korea's Samsung Group, whose leader faces trials over a bribery scandal involving former president Park Geun-hye, has appointed external experts to a new oversight panel to stamp out criminal conduct, the chief of the committee said on Thursday......»»

Category: topSource: reutersJan 8th, 2020

Samsung heir appears at court for bribery trial

Samsung Group heir Jay Y. Lee attended the first hearing of his bribery retrial on Friday. Lee could be facing more time in prison after South Korea's top court ordered a review of his 2017 graft case. Eve Johnson reports......»»

Category: videoSource: reutersOct 25th, 2019

Samsung heir appears at court for his bribery trial

Samsung Group heir Jay Y. Lee appeared at a Seoul courtroom on Friday for the start of a bribery trial that could result in a tougher sentence after South Korea's top court ordered a review of his graft case......»»

Category: topSource: reutersOct 24th, 2019

Samsung boss could end up in jail, again

South Korea's Supreme Court has overturned a ruling in the bribery case of Samsung's de facto chief Jay Y. Lee, part of a wider national scandal that embroiled former President Park Geun-hye. Matthew Larotonda reports......»»

Category: topSource: moneycentralAug 29th, 2019

Samsung boss could end up in jail, again

South Korea's Supreme Court has overturned a ruling in the bribery case of Samsung's de facto chief Jay Y. Lee, part of a wider national scandal that embroiled former President Park Geun-hye......»»

Category: videoSource: reutersAug 29th, 2019

Factbox: South Korea"s top court ruling on Samsung heir and ex-president

Samsung Group will discover the fate of its de facto leader on Thursday as South Korea's Supreme Court rules whether to uphold the bribery conviction of Jay Y. Lee, in a scandal that unseated the president and trained public ire on corporate untouchables......»»

Category: topSource: reutersAug 28th, 2019

Samsung heir braces for top court ruling in ex-president bribery case

Samsung Group will discover the fate of its de facto leader on Thursday as South Korea's Supreme Court rules whether to uphold the bribery conviction of Jay Y. Lee, in a scandal that unseated the president and trained public ire on corporate untouchables......»»

Category: topSource: reutersAug 28th, 2019

South Korea"s top court to rule on Samsung heir"s bribery case on August 29: YTN

South Korea's Supreme Court will deliver a ruling on the bribery conviction of Samsung Group heir Jay Y. Lee on Aug. 29 in a corruption scandal that led to the ouster of the country's then-president in 2017, broadcaster YTN said on Friday......»»

Category: topSource: reutersAug 22nd, 2019

South Korea"s LG Abandons Smartphones As Electric Vehicles Business Sees Explosive Growth

South Korea's LG Abandons Smartphones As Electric Vehicles Business Sees Explosive Growth Samsung, the world's biggest smartphone maker, has just cemented its dominanc.....»»

Category: blogSource: zerohedgeApr 5th, 2021

Why Samsung’s Billionaire Scion Is Heading Back to Jail

Samsung Group’s billionaire scion, Jay Y. Lee, has been sentenced to two years and six months in prison over bribery charges, concluding a trial that brought down a South Korean president and inflamed public outrage over the cozy relationship .....»»

Category: topSource: washpostJan 18th, 2021

Why Jail Threat Hangs Over Samsung Billionaire Again

Samsung Group’s billionaire scion, Jay Y. Lee, finds out Monday whether he goes back to jail. A judge will hand down a new sentence for Lee’s involvement in a corruption case that brought down a South Korean president and ignited a backlash ove.....»»

Category: topSource: washpostJan 18th, 2021

After surprise apology, Samsung heir pressed to explain family"s intentions

Samsung Group heir Jay Y. Lee's vow to end dynastic succession at South Korea's biggest conglomerate following three generations of family control sparked skepticism in some quarters and worry in others for the future of the country's corporate champions......»»

Category: topSource: reutersMay 8th, 2020

Samsung heir"s apology fans skepticism as watchdog panel meets

Samsung Group heir Jay Y. Lee's vow to end dynastic succession at South Korea's biggest conglomerate following three generations of Lee family control sparked skepticism on Thursday......»»

Category: topSource: reutersMay 7th, 2020

A poor economic outlook may negatively affect US consumers" appetite for flagship smartphones

Early sales in South Korea of Samsung's 5G-c.....»»

Category: dealsSource: nytApr 7th, 2020

Samsung says chip factory worker tests positive for virus, output not affected

Samsung Electronics Co Ltd said on Tuesday that one of its chip factory workers in South Korea had tested positive for coronavirus, but its output has not been affected......»»

Category: topSource: reutersMar 30th, 2020

Samsung Display asks Vietnam not to quarantine 700 engineers from virus-hit South Korea

Samsung Display, a supplier for Samsung Electronics and Apple, has asked Vietnam to exempt 700 engineers from coronavirus-hit South Korea from a mandatory quarantine, saying they need to prepare for the production of screens for new smartphones......»»

Category: topSource: reutersMar 10th, 2020

Samsung starts building $220 million R&D center in Vietnam

South Korea's Samsung Electronics has started building a $220 million research and development center in Vietnam, the Vietnamese government said on Monday......»»

Category: topSource: reutersMar 1st, 2020

Samsung closes South Korea plants after confirmed virus cases, Reuters says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 1st, 2020