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Activist shareholders want Samsung to stop hoarding cash
Activist investors have long had issues with how some of South Korea's largest family-run conglomerates operate. They routinely accuse the founding families of prioritizing their control over the empires instead of boosting shareholder value by paying dividends. Similar claims have been made against several Samsung entities in South Korea, with the latest move coming from […]
- By Adnan Farooqui
- 3 months ago
Samsung to make homes in Britain more energy efficient with SmartThings Energy
Samsung has announced in an official blog that it is teaming up with British Gas to help customers make their homes more energy-efficient across Britain. Samsung will integrate its SmartThings Energy with British Gas' PeakSave incentive program. This will provide British customers with easier control over their energy usage in their daily lives. Chanwoo Park, […]
- By Sagar Naresh
- 3 months ago
As risks grow, Samsung’s ‘control tower’ may return to prevent disaster
Like most chaebols or big family businesses in South Korea, the family of Samsung founder Lee Byung-chul continues to exercise control over the conglomerate. Samsung is in the unique position of being the largest and most powerful chaebols in the country. Samsung previously had a centralized management structure, basically a “control tower,” run by handpicked […]
- By Adnan Farooqui
- 2 years ago
Samsung’s Texas factory troubles are a huge issue, but not for Samsung
What started last month as a routine factory line reset at Samsung's chipmaking plant in Austin is developing into a full-fledged, freakish outliner. But in spite of the temporary setbacks this turn of events will cause for the industry, on the whole, Samsung expects to navigate out of this mess relatively unscathed. Namely, South Korean […]
- By Dominik Bosnjak
- 3 years ago
Samsung Group’s business strategies hindered by leader’s imprisonment
Samsung Electronics Vice Chairman Lee Jae-yong and the de facto heir to the Samsung Group has been imprisoned for nearly four months now. His time behind bars is impacting the group's business strategies which is facing hurdles in trying to navigate its way without its leader at the helm, according to industry watchers. Lee was […]
- By Adnan Farooqui
- 7 years ago
Samsung’s Harman acquisition complete, will retain workforce and brands
Everything in life is a process, but the end to some processes is a cause for celebration. That is the case for Samsung, as its Harman International acquisition is now complete after four months of hard work to see it through. Harman stockholders will receive $112 per share, with a total purchase payment of $8 billion […]
- By Deidre R.
- 7 years ago
