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Latest Lee Jae-yong news
Here you will find the latest news and most recent developments on the Lee Jae-yong, with regular updates and all the information you need.
Tesla CEO Elon Musk meets Samsung boss Lee Jae-yong to discuss car chips
Tesla CEO Elon Musk met Samsung Electronics Executive Chairman Lee Jae-yong for the first time during the latter's recent business trip to the US. The two top-level executives discussed ways to collaborate on automotive semiconductor chips. The meeting was held at Samsung Research America Headquarters in Silicon Valley, California, USA. Reports suggest that Elon Musk […]
- By Asif Iqbal Shaik
- 6 months ago
Lee Jae-yong to soon meet with the CEOs of Apple, Google, Microsoft
Samsung's Lee Jae-yong is reportedly preparing to embark on a lengthy business trip to the USA. There, the Samsung leader is expected to meet with some of the tech industry's most influential people and reinforce Samsung's partner network while creating new plans for future business ventures. Industry sources (via Hankyung) say that Chairman Lee will […]
- By Mihai Matei
- 7 months ago
Samsung and SK Hynix looking for a way around the US-China chip dispute
The increased restrictions by the US on China and the policies enforced by the US government on China have put two of the top South Korean memory chipmakers—Samsung and SK Hynix—in a tough spot. The leaders of both memory chip firms are expected to visit the US next month. According to a report by BusinessKorea, Samsung Electronics Chairman […]
- By Sagar Naresh
- 8 months ago
Samsung Chairman Lee visits EV battery line in Suwon
Samsung Electronics Executive Chairman Lee Jae-Yong visited Samsung SDI's pilot production line in Suwon, South Korea, to focus on the production of solid-state EV batteries for future growth. Solid-state batteries are termed ‘dream batteries' which is why the South Korean conglomerate wants to tap into them and boost its future growth to overcome the downturn in the […]
- By Sagar Naresh
- 9 months ago
Samsung’s Lee Jae-yong may not join the board of directors this year
Samsung's Executive Chairman board membership was not among the topics of discussion during the company's recent board of director meeting, held Tuesday. Lee Jae-yong joined the board of directors in 2016 but left in October 2019 when he was facing bribery charges connected to former President of Korea Park Geun-hye. Samsung's board of directors held […]
- By Mihai Matei
- 9 months ago
Two former Ericsson executives join Samsung Networks
The latest information from Business Korea confirms that Samsung Electronics has hired two former Ericsson executives. Samsung has taken this move to expand its telecommunications equipment business by bringing on board the experience of the two former Ericsson executives. Henrik Jansson, formerly the strategic sourcing manager for Ericsson, has been named to lead the Strategy Task […]
- By Sagar Naresh
- 10 months ago
Samsung President returns home after a long business trip
Executive Chairman of Samsung Electronics, Lee Jae-Yong, has returned to South Korea from a 10-day long business trip to Southeast Asia, reports The Korea Times. During his trip, the company's chief visited Malaysia, Singapore, and Vietnam. The aim of his visit to the three countries was to reportedly “pinpoint the next sustainable growth drivers of […]
- By Asif Iqbal Shaik
- 11 months ago
Samsung holds high-level meeting to discuss recession woes next year
In a very rare meeting, the South Korean conglomerate Samsung Group recently held a meeting with all its CEOs from all affiliates. On Wednesday, the meeting mainly discussed the economic downturn next year and the recession woes, including falling semiconductor prices, dipping currency rates, and further rate hikes. The high-level meeting took place Monday at […]
- By Sagar Naresh
- 11 months ago
VIPs attend the opening ceremony of Samsung’s R&D center in Vietnam
Samsung began the construction of its R&D center in Hanoi, Vietnam, back in March 2020. On Friday, Samsung officially opened the newly constructed R&D center, and VIPs attended the opening ceremony. The R&D center in Vietnam is reportedly the largest facility in the Southeast Asian country set up by a foreign firm. During the opening […]
- By Sagar Naresh
- 11 months ago
Samsung chairman to visit Vietnam to celebrate completion of $220 million R&D center
In March 2020, Samsung began the construction of a new research and development center in Hanoi, Vietnam, which is expected to cost Samsung $220 million. Reportedly, the construction of this R&D center is now complete, and the Executive Chairman of Samsung Electronics, Lee Jae-yong, will visit Vietnam this week to celebrate the achievement. According to The […]
- By Asif Iqbal Shaik
- 11 months ago
Samsung and BMW chiefs meet to discuss cooperation on EV batteries
Samsung Electronics Chairman Lee Jae-Yong and BMW CEO Oliver Zipse had a meeting on December 17, 2022, to solidify the cooperation between the two companies on EV batteries. The chiefs of both companies met at the BMW Driving Center in Yeongjong Island, Incheon, South Korea, along with other executives. The meeting involved discussions around facilitating […]
- By Sagar Naresh
- 11 months ago
Samsung chief Lee goes on his first business trip to UAE as chairman
Reportedly, Lee Jae-Yong has left for the UAE, his first overseas business trip after taking over as the Executive Chairman of Samsung Electronics in October this year. Lee landed in Abu Dhabi, the capital of the United Arab Emirates, on Sunday. He is visiting the UAE to attend a private forum hosted by UAE President […]
- By Sagar Naresh
- 12 months ago
Samsung announces its first ever female president
Samsung has officially announced that it has promoted a female executive to the position of President. According to Yonhap News Agency, Samsung Electronics has promoted Lee Young-hee to the President's post of the Global Marketing Center for the Samsung DX (Device eXperience) division. It is the same department that oversees its smartphone business. This is […]
- By Sagar Naresh
- 12 months ago
Lee Jae-yong becomes Executive Chairman of Samsung Electronics
Samsung has just announced that Lee Jae-yong has been appointed as Samsung Electronics' Executive Chairman. The board approved the appointment after the recommendation by current board chairman Kim Han-jo. The post had been vacant for the past two years since the death of former Chairman Lee Kun-hee. Samsung Group's board said that the company needs […]
- By Asif Iqbal Shaik
- 1 year 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
- 1 year ago