Vimeo
LinkedIn
Instagram
Share |

Samsung

February 28, 2017

Second-gen Lee Jae-yong, the vice chairman and heir apparent of electronics conglomerate Samsung, is to be indicted on multiple charges including bribery and embezzlement, according to prosecutors.

Second-gen Lee Jae-yong, the vice chairman and heir apparent of electronics conglomerate Samsung, is to be indicted on multiple charges including bribery and embezzlement, according to prosecutors.

Earlier this month, the 48-year-old was arrested for his alleged role in providing about ₩43 billion ($37 million) to a friend of South Korean president Park Geun-hye to win state approval for a controversial 2015 merger.

February 1, 2013

A court in Seoul has ruled in favour of Samsung’s second-generation chairman ensuring the current family ownership of the world’s biggest maker of smart phones will remain in place.

A court in Seoul has ruled in favour of Samsung’s second-generation chairman ensuring the current family ownership of the world’s biggest maker of smart phones will remain in place.

The court ruled in favour of Lee Kun-hee, Samsung's second-generation chairman in three cases brought against him by five of his relatives, allowing Lee to hold on to $3.7 billion (€2.7 billion) worth of company shares that the plaintiffs had tried to obtain.

December 5, 2012

South Korean family-owned Samsung Electronics, the world's largest technology company by revenues, has promoted third-gen Lee Jae-yong to vice-chairman.

South Korean family-owned Samsung Electronics, the world's largest technology company by revenues, has promoted third-gen Lee Jae-yong to vice-chairman.

The grandson of company founder Lee Byung-chull and the only son of current chairman Lee Kun-hee, Jae-yong was already chief operating officer and president at the Suwon-based family business, which he joined in 1991.

March 26, 2012

Investors in two of South Korea’s largest family-owned conglomerates are likely reaping big rewards, thanks to shares in Samsung and Hyundai reaching record values this weekend.

Investors in two of South Korea’s largest family-owned conglomerates are likely reaping big rewards, thanks to shares in Samsung and Hyundai reaching record values this weekend.

According to Yonhap News Agency, stock held by Lee Kun-hee and his family in Samsung Group rose to around 13 trillion won (€8.61 billion) on Sunday (25 March).

Citing data by Cheabol.com, the report said share value was up by 25.4% compared to last year, largely due to a “bullish stock market”.

February 15, 2012

Just days after it appeared the Bettencourt family had finally drawn a line under its family feud, another family squabble has made headlines.

Just days after it appeared the Bettencourt family had finally drawn a line under its family feud, another family squabble has made headlines.

This time, South Korean conglomerate Samsung Group is in the limelight, after the elder second-generation brother sued his younger sibling.

March 18, 2011

Chairman of Samsung Electronics, Lee Kun-hee, might just be grooming a successor. Third-generation Lee Jae-yong has been promoted to the role of president at the firm, after serving as executive vice president at Samsung Electronics.



Chairman of Samsung Electronics, Lee Kun-hee, might just be grooming a successor. Third-generation Lee Jae-yong has been promoted to the role of president at the firm, after serving as executive vice president at Samsung Electronics.



His sister Lee Boo-jin has also been promoted to president of Samsung Everland, chief executive of Hotel Shilla and advisor to Samsung C&T. Both announcements signal a step forward in the 68-year-old Lee’s succession plan.



March 24, 2010

Lee Kun Hee, the second-generation former chairman of family-controlled Samsung Group, will return to the business as chairman of Samsung Electronics after stepping down as in 2008 following a conviction for tax evasion.

Lee Kun Hee (pictured), the second-generation former chairman of family-controlled Samsung Group, will return to the business as chairman of Samsung Electronics after stepping down as in 2008 following a conviction for tax evasion. (Click here to read our coverage of the story)
 

January 4, 2010

Lee Kun Hee, the second-generation former chairman of family-controlled Samsung Group, received an official pardon last week for his conviction for tax evasion.

Lee Kun Hee, the second-generation former chairman of family-controlled Samsung Group, received an official pardon last week for his conviction for tax evasion.

The family patriarch was given a three year suspended prison sentence in July 2008 after being found guilty of tax evasion. 

December 15, 2009

Samsung Electronics Ltd, a division of South Korea’s largest conglomerate the Samsung Group, announced today third-generation Lee Jae Yong has been promoted to executive vice president and chief operating officer in a management reorganisation.

Samsung Electronics Ltd, a division of South Korea's largest conglomerate the Samsung Group, announced today third-generation Lee Jae Yong (pictured) has been promoted to executive vice president and chief operating officer in a management reorganisation.

The company also announced the promotion of Choi Gee Sung to the CEO role. In the statement released by the conglomerate this morning Choi said the new management structure was intended "to prepare for the challenges and opportunities ahead."

Click here >>
Close