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Thursday, May 06, 2021

Samsung Electronics


Samsung's Lee family to pay more than 12 trillion won inheritance taxes

April 28, 2021 11:17 am

His estate, valued at around 26 trillion won ($23.4 billion) according to local media, included shareholdings in Samsung affiliates valued at $17 billion.

Samsung's worst fall in 5 months pulls down KOSPI after group leader's prison sentence

January 18, 2021 3:06 pm

Samsung Electronics plunged 3.4%, logging its sharpest fall in five months, leading losses, while other heavyweights such as LG Chem, Samsung BioLogics and Samsung SDI also slid 1.5%, 2% and 4.2%, respectively.

Explained: Why Samsung scion had to apologise, and what this means for the global conglomerate

May 08, 2020 2:23 pm

Some observers say Lee’s statements that were delivered at Samsung’s headquarters in Seoul, were a result of consistent pressure that the Samsung heir has been under, particularly since March, following years of corruption and criticism.

Samsung Electronics posts record third quarterly profits, replaces CEOs

October 31, 2017 1:18 pm

Samsung Electronics is the key subsidiary of the sprawling Samsung Group, whose heir Lee Jae-Yong was found guilty in August of bribery, perjury and other charges stemming from payments to the secret confidante of ousted president Park Geun-Hye.

South Korea prosecutors seek 12-year jail term for Samsung scion Lee Jae-yong

August 07, 2017 11:41 am

Lee, the de facto leader of one of Asia's largest conglomerates, has been in detention since February, on trial for charges ranging from embezzlement to perjury, in a scandal that led to the ouster of former president Park Geun-hye.

Park refuses order to testify in Samsung heir's trial

July 19, 2017 3:18 pm

The corruption scandal centres on Choi Soon-Sil, a former close confidante of Park who is accused of using her close presidential ties to force local firms to "donate" nearly $70 million to two dubious foundations.

Samsung Electronics says it may add NAND capacity at China plant amid demand surge

May 29, 2017 4:37 pm

Tech giant Samsung Electronics Co Ltd said it is considering adding NAND memory chip production capacity at its manufacturing base in China.

Samsung Galaxy Tab S2 launched: All the key specs and features

July 21, 2015 8:58 am

Samsung Galaxy Tab S2 will now come in two screen versions: one with 9.7-inch display and one with an 8-inch version.

BlackBerry, Samsung deny takeover talks

January 16, 2015 3:18 am

BlackBerry stock jumped nearly 30 per cent, or $2.89, Wednesday to close at $12.60.

Smartphone woes drag Samsung Electronics Q3 profit to more than 3-year low

October 30, 2014 10:45 am

Samsung lags behind Apple in premium market and overtaken by Lenovo, Xiaomi at bottom end.


World's largest mobile phone factory: News in Numbers

June 22, 2020 6:23 pm