Lee Kun-Hee

Samsung chairman Lee Kun-hee, head of South Korea's biggest conglomerate, dies at 78

Lee died with his family by his side, including Jay Y Lee, the Samsung Electronics vice chairman.

Oct 25, 2020, 15:28 PM IST

Arrest warrant sought for Samsung heir Lee Jae-yong over accounting fraud

Samsung BioLogics has been suspected of committing a fraudulent accounting to help the Samsung heir inherit a management control over the entire group from his ailing father, Samsung Electronics Chairman Lee Kun-hee.

Jun 04, 2020, 11:10 AM IST

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

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

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