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Samsung, South Korea
South Korea Prosecutors Seek 5-Year Jail Term for Samsung Elec Chief in Appeals Case
SEOUL (Reuters) - South Korean prosecutors requested on Monday a five-year jail term for Samsung Electronics Chairman Jay Y. Lee over actions in a controversial merger of Samsung affiliates that helped solidify his control in a case being tried at an appeals court.
South Korea prosecutors seek 5-yr jail term for Samsung Elec chief in appeals case
South Korean prosecutors requested on Monday a five-year jail term for Samsung Electronics Chairman Jay Y. Lee over actions in a controversial merger of affiliates that helped solidify his control in a case being tried at an appeals court.
Prosecutors appeal, seeking five-year sentence for Samsung chairman
Jae-yong Lee, chairman of Samsung Electronics (Samsung), was indicted in September 2020 on charges related to illegal inheritance and management practices. He has faced judicial risks for nearly four years,
South Korea Prosecutors Demand Five-Year Jail Term for Samsung Electronics Chairman
South Korean prosecutors have requested a five-year prison sentence for Samsung Electronics Chairman Jay Y. Lee. The case, tried at an appeals court, revisits allegations surrounding a controversial merger of Samsung affiliates that prosecutors argue bolstered Lee’s control over the conglomerate at the expense of minority shareholders.
(LEAD) Prosecutors again demand 5-yr sentence for Samsung chief in controversial 2015 merger case
Prosecutors on Monday demanded a five-year prison sentence for Samsung Electronics Co. Chairman Lee Jae-yong in an appeal against a court decision that acquitted the chairman over the controversial 2015 merger of two Samsung affiliates.
Datacenter Dynamics
10h
Samsung SDS acquires site in South Korea for data center, appoints new CEO
In March 2023, it opened a new data center in South Korea as part of plans to expand its cloud offering. Located in Dongtan, ...
12h
Samsung's Fold SE didn't launch globally, but another Galaxy Slim flagship could
A new leak suggests that Samsung's rumored Galaxy S25 Slim could see a global launch, unlike the Galaxy Z Fold Special ...
Digi Times
1d
Micron targets Samsung's home turf with 'on-the-spot hiring' to attract talent
Micron has intensified its recruitment efforts in South Korea, targeting university campuses with "on-the-spot hiring" ...
3d
on MSN
South Korea to roll out $10 billion in loans next year to support chip industry
South Korea plans to roll out 14 trillion won ($10 billion) of low-interest loans next year to support its chip industry, the ...
DMR News (English) on MSN
1d
South Korea Invests in Semiconductor Growth with $10 Billion Loan Plan
South Korea will provide 14 trillion won ($10 billion) in low-interest loans next year to support its chip industry, ...
Digi Times
22h
China's semiconductor industry makes significant strides, putting pressure on South Korean firms
China's largest foundry operator, SMIC, surpassed the US$2 billion revenue mark for the first time in the third quarter of ...
3d
Samsung Chairman Admits To South Korean Court That Samsung ‘Is In Trouble ‘& That He Needs To Be Out Of Prison
The Chairman of Samsung Lee Jae-yong, in what is seen as a ‘desperation’ move to win freedom, has finally admitted in a South ...
Datacenter Dynamics
1d
Samsung and Korea Southeast Power to develop fully integrated hydrogen-powered data center in South Korea
Will utilize a 900MW hydrogen plant and 300MW of battery energy storage to support the operations of a large-scale data ...
2d
South Korea to start providing $10B in loans from 2025 to boost local chip industry - report
South Korea plans to begin providing 14T won (about $10B) in low-interest loans next year to boost its chip industry.
3d
South Korea to roll out $10 bln in loans next year to support chip industry
South Korea plans to roll out 14 trillion won ($10 billion) of low-interest loans next year to support its chip industry, the ...
Business Times
2d
Samsung gets first woman CEO outside founding family in 86 years
FOR Samsung Group, this has been a year of milestones. First, a rare public apology from its flagship Samsung Electronics, ...
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