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...
Korea's top carrier to stop serving peanuts
It seems that not a single day goes by without Korean Air making headlines. This time around, it is about peanuts, with which the country’s flag carrier has some history.
The Seoul-based company announced...
Chairman Chey's grip on SK feared to weaken
Dec. 3 marked the 59th birthday of SK Group Chairman Chey Tae-won, who has spearheaded South Korea’s third-largest conglomerate over the past 20 years.
The 59-year-old tycoon would have been happy with many...
Chairman Lee hae-wook facing prosecution
Daelim Industrial Group Chairman Lee Hae-wook seems to be having a rough first year as head of the construction conglomerate headquartered in Seoul.
Korea’s anti-trust watchdog said earlier this month that it was fining Daelim Industrial...
Vice Chairman Lee warns of crisis
Samsung Vice Chairman Lee Jae-yong, the de facto chief of Korea’s leading conglomerate, sounds like his bed-ridden father, Chairman Lee Kun-hee, in requesting a “sense of crisis.”
Samsung Electronics said June 16 that Vice Chairman...
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...
Forensic work is underway for a full month
The police are continuing their investigation into suspicions that Hotel Shilla CEO Lee Boo-jin took an addictive drug for non-medical purposes a few years ago.
The Seoul Metropolitan Police Agency said May 8...
Chairman Chey will double as chair of SK Telecom
South Korea’s tech giants like Samsung and LG have been pulled out all the stops to preempt the AI market. And now, brick-and-mortar outfits like SK and Hyundai Motor also join...
President gets close to Samsung just ahead of verdict on tycoon
All eyes are on Korea’s Supreme Court, which is expected to come up with a ruling on Samsung Group’s de facto chief, Vice Chairman Lee Jae-yong, this month.
The country’s...
Tycoon’s family members keep suffering
How’s the life of Korea’s richest man, Samsung Group Chairman Lee Kun-hee? Ordinary people would envy the super-rich businessman whose total wealth amounts to more than $15 billion.
From the perspective of Lee, however, his life...
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Ottogi taps actor Kim Woo-bin as ads model
Kim will promote Korean food giant’s product
South Korean food company Ottogi announced on May 30 that the outfit had tapped actor Kim Woo-bin as...
