Latest Jay Y. Lee news

With prison looming, Jay Y. Lee asks court to let him fight Samsung’s battles

Samsung Electronics Chairman Jay Y. Lee could be sent back to prison for 5 years if prosecutors have their way. That would be in addition to a $356,000 fine that they've sought during the retrial of Samsung's top man on chargers relating to a controversial merger that saw the Lee family extend its control over […]

By Adnan Farooqui
2 weeks ago

Samsung boss is the only Korean business person to get this unique honor

Much ink has been used to write about Samsung's outsized influence on South Korea's economy. Yet, despite the various observations and controversies surrounding the country's most valuable conglomerate, it's also the only one with a truly global presence that's recognized for its immense potential. Case in point, the list of 100 most influential people in […]

By Adnan Farooqui
2 weeks ago

Prosecutors want Samsung boss sent to jail for 5 years

Samsung Electronics Chairman Jay Y. Lee has been in and out of prison over different charges, including an 18-month stint behind bars in 2021. One of the more significant charges against him allege market irregularities in the merger that saw the Lee family solidify their control over the Samsung conglomerate. A court in verdict had […]

By Adnan Farooqui
2 weeks ago

Samsung Foundry ‘hungry to grow the business’, won’t spin off

A few days ago, executives representing Samsung's financial division, i.e., Samsung Securities, suggested that the tech conglomerate could spin off the Foundry and System LSI divisions and list them on the US stock market. The chief of Samsung Electronics has now responded, saying that the spin-offs are not in the cards. Market watchers expect Samsung's […]

By Mihai Matei
2 months ago

News For You