Samsung Electronics Co Ltd said on Friday its CEO and Vice Chairman Kwon Oh-hyun plans to step down from management, deepening concerns over a leadership vacuum at the tech giant after group scion Jay Y. Lee was jailed for bribery. More »
Jay Y. Lee, the billionaire heir to South Korea's Samsung Group, should find some comfort that its crown jewel Samsung Electronics Co Ltd has reported record profit every quarter since he was jailed in February, making him even richer. More »
Samsung Electronics Vice Chairman Jay Y. Lee has filed an appeal against the five-year jail term he was given for bribery and other charges through his lawyer, according to the Seoul Central District Court's website on Monday. More »
Samsung Electronics Vice Chairman Jay Y. Lee fought back tears and denied wrongdoing on Monday as prosecutors sought a 12-year jail term on charges that include bribing the former president to help cement control of the South Korean tech giant. More »
South Korean police on Monday raided a management office for residences of Samsung Electronics Chairman Lee Kun-hee and his family over alleged misappropriation of company funds used to pay for interior renovations, they said. More »
Employees walk in the main office building of Samsung Electronics in Seoul, South Korea, in this file photo taken on January 6, 2016. REUTERS/Kim Hong-Ji Samsung Electronics Co Ltd (005930.KS) on Friday said its second-quarter operating profit likely rose 72 p... More »
The logo of Samsung Electronics is seen in front of its building in Seoul, South Korea, February 28, 2017. Picture taken February 28, 2017. REUTERS/Kim Hong-Ji Tech giant Samsung Electronics Co Ltd on Thursday named a new head of mobile marketing and a new Chi... More »
Samsung Electronic’s Galaxy S8 and S8+ are displayed at its store in Seoul, South Korea, April 27, 2017. REUTERS/Kim Hong-Ji Samsung Electronics Co Ltd on Thursday flagged stronger earnings and announced a cancellation of treasury shares after posting a solid ... More »
Kwon Oh-Hyun, co-chief executive officer of Samsung Electronics Co., speaks during the company’s annual general meeting at the Seocho office building in Seoul, South Korea, on Friday, March 24, 2017. REUTERS/SeongJoon Cho/Pool Samsung Electronics Co Ltd (00593... More »
Shareholders walk past the logo of Samsung Electronics before their general meeting at a company’s building in Seoul, South Korea, March 24, 2017. REUTERS/Kim Hong-Ji Tech giant Samsung Electronics Co Ltd (005930.KS), one of several South Korean companies caug... More »
South Korea’s ousted leader Park Geun-hye leaves a prosecutor’s office in Seoul, South Korea, March 22, 2017. REUTERS/Kim Hong-Ji Former South Korean President Park Geun-hye left prosecutors’ offices early on Wednesday after being questioned in an investigatio... More »
Samsung Group chief, Jay Y. Lee arrives at the office of the independent counsel team in Seoul, South Korea, February 19, 2017. REUTERS/Kim Hong-Ji/Files A South Korean court said on Friday it has reassigned Samsung Group chief Jay Y. Lee’s bribery trial to an... More »
South Korea’s ousted leader Park Geun-hye greets her supporters as she arrives at her private home in Seoul, South Korea, March 12, 2017. REUTERS/Kim Kyung-Hoon min Park More »
Protesters supporting South Korean President Park Geun-hye clash with riot policemen near the Constitutional Court in Seoul, South Korea. Kyodo/via REUTERS South Korea’s Constitutional Court removed President Park Geun-hye from office on Friday over a graft sc... More »
Samsung Group chief, Jay Y. Lee arrives at the office of the independent counsel team in Seoul, South Korea, February 19, 2017. REUTERS/Kim Hong-Ji The head of South Korea’s Samsung Group, Jay Y. Lee, denies all charges against him, his lawyer said on Thursday... More »
Special prosecutor Park Young-soo announces the results of their investigation over an influence-peddling scandal involving South Korean President Park Geun-hye, in Seoul, South Korea, March 6, 2017. REUTERS/Kim Hong-Ji min Park More »
Samsung Group chief, Jay Y. Lee arrives at the office of the independent counsel team in Seoul, South Korea, February 22, 2017. REUTERS/Kim Hong-Ji/File Photo Samsung Group leader Jay Y. Lee will go on trial for bribery and embezzlement on Thursday, a court sa... More »
A building of Samsung Electronics (R) is seen in Seoul, South Korea, November 8, 2016. REUTERS/Kim Hong-Ji Tech giant Samsung Electronics (005930.KS) is tightening board oversight on donations while two senior Samsung Group [SAGR.UL] executives reportedly offe... More »
Choi Gee-sung, chief executive of South Korea’s Samsung Electronics, speaks during an annual shareholders’ meeting at the company headquarters in Seoul March 18, 2011. REUTERS/Truth Leem Two senior Samsung Group [SAGR.UL] executives have offered to resign to t... More »
A man performs during the ceremony to mark a year to the 2018 PyeongChang Winter Olympic Games in Pyeongchang, South Korea February 9, 2017. REUTERS/Kim Hong-Ji South Korean conglomerate Samsung Group will make good on its sponsorship promises to the 2018 Wint... More »
Samsung Group chief, Jay Y. Lee, leaves the Seoul Central District Court in Seoul, South Korea, February 16, 2017. Picture taken on February 16, 2017. Shin Wong-soo/News1 via REUTERS Samsung Group chief Jay Y. Lee was arrested on Friday over his alleged role i... More »
FILE PHOTO – Choi Gee-sung, chief executive of South Korea’s Samsung Electronics, speaks during an annual shareholders’ meeting at the company headquarters in Seoul March 18, 2011. REUTERS/Truth Leem/File Photo The arrest of Samsung Group scion Jay Y. Lee on b... More »
Lee Jae-yong (C), vice chairman of Samsung Electronics, arrives to be questioned as a suspect in a corruption scandal that led to the impeachment of President Park Geun-Hye, at the office of the independent counsel in Seoul. REUTERS/Jung Yeon-Je/Pool min Park More »
Samsung Group chief, Jay Y. Lee, is surrounded by media as he arrives at the Seoul Central District Court in Seoul, South Korea, January 18, 2017. REUTERS/Kim Hong-Ji South Korea’s special prosecutor’s office said it is planning to indict Samsung Group chief J... More »
A pedestrian stands to look at an electronic board showing the stock market indices of various countries outside a brokerage in Tokyo, Japan, February 26, 2016. REUTERS/Yuya Shino Asian stock markets took a breather on Friday from their recent surge as investo... More »
FILE PHOTO – Lee Boo-jin, daughter of Samsung Electronics chairman Lee Kun-hee and president and chief executive of Hotel Shilla, arrives to preside over the annual general meeting of the hotel stockholders in Seoul March 16, 2012. REUTERS/Lee Jae-Won/File Pho... More »
Samsung Group said on Friday it will do its best to ensure that the truth is revealed in future court proceedings, after the arrest of its chief, Jay Y. Lee. More »
Samsung Group chief, Jay Y. Lee, leaves after attending a court hearing to review a detention warrant request against him at the Seoul Central District Court in Seoul, South Korea, January 18, 2017. REUTERS/Kim Hong-Ji South Korea’s special prosecutor’s office... More »
The logo of Samsung Electronics is seen at its headquarters in Seoul, South Korea, July 4, 2016. REUTERS/Kim Hong-Ji/File Photo Samsung Electronics (005930.KS) shares fell for a fourth consecutive session on Wednesday, after South Korean special prosecutors sa... More »
FILE PHOTO – Samsung Group chief, Jay Y. Lee, leaves after attending a court hearing to review a detention warrant request against him at the Seoul Central District Court in Seoul, South Korea, January 18, 2017. REUTERS/Kim Hong-Ji/File Photo min Park More »
Lee Jae-yong (C), vice chairman of Samsung Electronics, arrives to be questioned as a suspect in a corruption scandal that led to the impeachment of President Park Geun-Hye, at the office of the independent counsel in Seoul on February 13, 2017. REUTERS/Jung Y... More »
The South Korean special prosecutor’s office said on Monday it will decide whether to seek arrest warrants for more Samsung Group [SAGR.UL] executives amid a widening influence-peddling scandal that could topple President Park Geun-hye. More »
Samsung Group chief, Jay Y. Lee, arrives for a court hearing to review a detention warrant request against him at the Seoul Central District Court in Seoul, South Korea, January 18, 2017. REUTERS/Kim Hong-Ji min Park More »
Jay Y. Lee, center, vice chairman of Samsung Electronics, arrives to be questioned as a suspect in bribery case in the influence-peddling scandal that led to the president’s impeachment at the office of the independent counsel in Seoul, South Korea, Thursday, ... More »
Samsung Electronics vice chairman Jay Y. Lee arrives to attend a hearing at the National Assembly in Seoul, South Korea, December 6, 2016. REUTERS/Kim Hong-Ji min Park and Se Young Lee More »
Jay Y. Lee, center, vice chairman of Samsung Electronics, arrives to be questioned as a suspect in bribery case in the influence-peddling scandal that led to the president’s impeachment at the office of the independent counsel in Seoul, South Korea, Thursday, ... More »
The National Pension Service (NPS) Chairman Moon Hyung-pyo is summoned to the Independent Counsel Team in Seoul, South Korea, December 27, 2016. News1 via REUTERS min Park More »
The logo of Samsung Electronics is seen at its headquarters in Seoul, South Korea, July 4, 2016. REUTERS/Kim Hong-Ji/File Photo South Korea’s Samsung Electronics Co Ltd (005930.KS) will consider splitting itself into two as proposed by U.S. activist hedge fund... More »
