After spending seven months behind bars, Vice Chairman Lee will be back
South Korea’s Ministry of Justice said on Aug. 9 that it will grant parole to imprisoned Samsung Electronics Vice Chairman Lee Jae-yong, who will be released later this...
US bizpeople asks for closer semiconductor cooperation between US and Korea
The American Chamber of Commerce in Korea (AMCHAM) said on May 20 that it asked the presidential office to release Samsung Electronics Vice Chairman Lee Jae-yong, who was imprisoned...
Samsung heir did not appear in court due to funeral
Samsung Electronics Vice Chairman Lee Jae-yong saw his trial on bribery charges restart on Oct. 26, just a day after his ailing father of Samsung Chairman Lee Kun-hee died.
The Seoul...
Chief of Korea's top conglomerate hospitalized for six years
Samsung Group Chairman Lee Kun-hee died on Oct. 25. Samsung is South Korea’s top conglomerate of which flagship unit is Samsung Electronics, the world’s No. 1 manufacturer of smartphones and memory...
Korea's richest man leaves great legacy
The following is an announcement from Samsung Electronics about the passing of Samsung Group Chairman Lee Kun-hee. He died on Oct. 25 after being hospitalized for six years.
During his leadership over the past 30 years,...
Desk column: Time-honored chaebol system draws wide attention
Instead of his bed-ridden father, Samsung Electronics Vice Chairman Lee Jae-yong is practically leading the country’s largest conglomerate, Samsung Group.
And people would have believed that his 20-year-old only son would eventually take...
Lack of evidence prompts police to wrap up investigation
Police said last week that they had wrapped up a probe into allegations that Hotel Shilla CEO Lee Boo-jin illegally took an addictive drug called propofol, due to lack of evidence.
The...
Officials remain silent about whether to book Samsung heiress
The police strive to finish the probes over Hotel Shilla CEO Lee Boo-jin, who was questioned this month for her alleged use of an addictive drug called propofol.
An official at the...
Samsung heiress investigated for suspected drug use
It took a full year for the police to summon Hotel Shilla CEO Lee Boo-jin to look into the suspicions that she took an addictive drug for non-medical purposes a few years ago.
The...
Samsung heir faces drug abuse probe
On early January 19, 2017, Samsung Electronics Vice Chairman Lee Jae-yong was waiting for the court decision all night at a detention center near Seoul.
Back then, he was ensnared in a bribery scandal involving...
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Upbit successfully detects crypto frauds
Korean outfit comes up with advanced anti-fraud system
South Korea’s leading crypto-exchange Upbit announced on Sept. 26 that the outfit had discovered fraudulent exchanges amounting...
