Lee Kun-Hee

South Korea prosecutors seek 12-year jail term for Samsung scion Jay Y. Lee

South Korea prosecutors seek 12-year jail term for Samsung scion Jay Y. Lee

The court ruling is expected before August 27, when Lee`s current period of detention ends. Other charges he faces include wrongfully transferring assets overseas and hiding the proceeds of a crime. 

Aug 07, 2017, 14:23 PM IST

South Korean prosecutors seek arrest of Samsung heir Lee Kun-Hee

South Korean prosecutors on Monday sought the arrest of the heir to giant conglomerate Samsung for bribery in connection with a political scandal that has seen President Park Geun-Hye impeached. 

Jan 16, 2017, 14:57 PM IST
Shareholders back Samsung's key $8 billion merger plan in close vote

Shareholders back Samsung's key $8 billion merger plan in close vote

Samsung C&T Corp shareholders on Friday approved an $8 billion takeover offer from sister firm Cheil Industries Inc.

Jul 17, 2015, 10:25 AM IST

Samsung heir apologises in public for MERS spread

The heir of the Samsung business group made a deep bow in apology as criticism mounts on a Samsung hospital for its role in spreading the Middle East respiratory syndrome.

Jun 23, 2015, 15:02 PM IST

Samsung Electronics says no plans to merge with Samsung SDS

"The management wants me to express clearly that we do not have a plan to merge with SDS," Robert Yi, Samsung Electronics` head of investor relations, said at a company event in Seoul.

Jun 03, 2015, 15:09 PM IST

Samsung to merge two major units

Samsung Group announced Tuesday the merger of two major affiliates, as the South Korean business giant accelerates restructuring efforts ahead of a generational power transfer within the founding Lee family.

May 26, 2015, 09:33 AM IST
South Korea's Samsung Group heir apparent takes key leadership roles

South Korea's Samsung Group heir apparent takes key leadership roles

Samsung Group heir apparent Jay Y Lee will take over from his father Lee Kun-hee as head of two key foundations, the conglomerate said on Friday, suggesting that a transfer of leadership is underway at South Korea`s largest conglomerate.

May 15, 2015, 05:53 AM IST

Samsung Heavy scraps Samsung Eng takeover on $1.5 billion stock buy back costs

Shareholders doubting the synergies of the merger had asked the two companies to buy back their stock for a higher-than-budgeted $1.5 billion.

Nov 19, 2014, 10:35 AM IST

Samsung Electronics faces falling profits as succession looms

Samsung`s cash cow handsets business is suffering from slowing market growth and improving product quality from Chinese manufacturers such as Huawei Technologies Co Ltd and Lenovo Group Ltd.

Jul 07, 2014, 10:15 AM IST

Samsung's "crown prince'' in focus as father hospitalised

The younger Lee became Samsung`s vice chairman in 2012 after a spell as CEO in what appeared to be a well choreographed long-term succession plan.

May 14, 2014, 10:25 AM IST

Samsung says chairman 'stable', no disruption

Lee, 72, is largely credited with turning Samsung - founded by his father in 1938 - into a global brand which is now the world's top chip and smartphone maker.

May 12, 2014, 13:54 PM IST

Samsung Electronics chief Lee hospitalised after cardiac procedure

The chairman of Samsung Electronics Co, the flagship of South Korea`s biggest conglomerate, underwent a cardiac procedure on Sunday and is now recovering, the Samsung Medical Center said in a statement.

May 11, 2014, 11:33 AM IST

India offers help to Samsung chief over court appearance

India will help Samsung in "whatever way" it can to avoid the South Korean company`s chairman being forced to appear in an Indian court over a payment dispute, a top government official said Saturday.

Apr 05, 2014, 21:25 PM IST

Samsung says chairman has no link to Indian court case

South Korea`s Samsung Electronics said Thursday its chairman Lee Kun-Hee had no link "whatsoever" to a case that has led India`s Supreme Court to demand his appearance at a trial hearing.

Apr 03, 2014, 07:25 AM IST

SC directs Samsung Chairman Lee Kun-hee to appear in court

In fresh trouble for Samsung Electronics Chairman Lee Kun-hee, who is facing an arrest warrant, the Supreme Court has directed him to appear before a Ghaziabad court in a 1.4 million dollar cheating case filed against him.

Apr 02, 2014, 13:29 PM IST

SC orders Samsung chief to appear before a Ghaziabad court

The Supreme Court has ordered Samsung chairman Lee Kun-hee to appear before a trial court in Ghaziabad in a criminal case.

Apr 02, 2014, 12:17 PM IST

Daughter of Samsung boss promoted to top job

The second daughter of Samsung chairman Lee Kun-Hee has been made a president at the firm's de-facto holding company, it said today, cement his family's hold on the South Korean giant.

Dec 02, 2013, 16:14 PM IST

Samsung boss wins ‘inheritance battle’ against siblings

Lee Kun-Hee won a court ruling against demands from his siblings to hand over billions of dollars in shares in various companies in the group.

Feb 02, 2013, 18:58 PM IST