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Samsung, South Korea
South Korea Prosecutors Seek 5-Year Jail Term for Samsung Elec Chief in Appeals Case
SEOUL (Reuters) - South Korean prosecutors requested on Monday a five-year jail term for Samsung Electronics Chairman Jay Y. Lee over actions in a controversial merger of Samsung affiliates that helped solidify his control in a case being tried at an appeals court.
South Korean prosecutors request 5-year jail sentence for Samsung chief Jay Lee
South Korean prosecutors sought a five-year prison sentence and a 500 million KRW fine, equivalent to $375,000, for Samsung Electronics chief Jay Y. Lee
South Korea Prosecutors Demand Five-Year Jail Term for Samsung Electronics Chairman
South Korean prosecutors have requested a five-year prison sentence for Samsung Electronics Chairman Jay Y. Lee. The case, tried at an appeals court, revisits allegations surrounding a controversial merger of Samsung affiliates that prosecutors argue bolstered Lee’s control over the conglomerate at the expense of minority shareholders.
South Korea prosecutors seek 5-yr jail term for Samsung Elec chief in appeals case
South Korean prosecutors requested on Monday a five-year jail term for Samsung Electronics Chairman Jay Y. Lee over actions in a controversial merger of Samsung affiliates that helped solidify his control in a case being tried at an appeals court.
South Korea prosecutors seek 5-year jail term for Samsung Electronics chief in appeals case
South Korean prosecutors requested on Nov 25 a five-year jail term for Samsung Electronics chairman Lee Jae-yong over his actions during a controversial merger of affiliates that helped solidify his control,
Prosecutors appeal, seeking five-year sentence for Samsung chairman
Jae-yong Lee, chairman of Samsung Electronics (Samsung), was indicted in September 2020 on charges related to illegal inheritance and management practices. He has faced judicial risks for nearly four years,
South Korea prosecutors seek 5-yr jail term for Samsung Electronics chief in appeals case
SEOUL: South Korean prosecutors requested on Monday (Nov 25) a five-year jail term for Samsung Electronics Chairman Jay Y Lee over actions in a controversial merger of affiliates that helped solidify his control in a case being tried at an appeals court.
(LEAD) Prosecutors again demand 5-yr sentence for Samsung chief in controversial 2015 merger case
Prosecutors on Monday demanded a five-year prison sentence for Samsung Electronics Co. Chairman Lee Jae-yong in an appeal against a court decision that acquitted the chairman over the controversial 2015 merger of two Samsung affiliates.
Prosecutors seek 5-year prison term for Samsung’s Lee Jae-yong in appeal
Prosecutors have called for a five-year prison sentence and a fine of 500 million won ($380,000) for Samsung Electronics Chairman Lee Jae-yong in his appellate trial over allegations of illegal succession of management control.
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1d
Samsung chief is sole Korean on Fortune's 100 most influential people in business
Samsung Electronics Executive Chairman Lee Jae-yong was the sole Korean entrant on U.S. magazine Fortune's list of the 100 ...
17h
Anwar's meeting with chaebol aims to attract more South Korean investments
SEOUL: Prime Minister Datuk Seri Anwar Ibrahim met with a representative from a "chaebol", a prominent figure from South ...
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9h
South Korean bank joins multi-billion dollar Qatar project
Upon completion in 2029, the project is expected to supply 16 percent of Qatar’s total electricity and 17 percent of the Gulf ...
8d
Samsung Shares Jump on $7 Billion Buyback After Missing AI Boom
Samsung Electronics Co. shares surged after South Korea’s biggest company announced a surprise plan to buy back about 10 ...
5d
What’s the ‘Korea discount’ and why is it a problem?
Investors often price shares of major Korean companies below book value and those of overseas rivals. Read more at ...
1d
Samsung SDI builds EV momentum with Audi, Hyundai deals
Samsung SDI is charging ahead to claim a bigger slice of the electric vehicle battery market, bolstered by new supply ...
6h
Tech war: China’s AI hopes face fresh setbacks as US set to restrict advanced memory chip exports
South Korea’s SK Hynix and Samsung dominate the supply of HBMs, each controlling about 48 per cent of the global market share ...
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