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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 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.
South Korean prosecutors request 5-year jail sentence for Samsung chief Jay Lee
South Korean prosecutors sought a five-year prison sentence and a 500 million KRW fine, equivalent to $375,000, for Samsung Electronics chief Jay Y. Lee
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.
South Korea prosecutors seek 5-year jail term for Samsung Electronics chief in appeals case
South Korean prosecutors requested on Nov 25 a five-year jail term for Samsung Electronics chairman Lee Jae-yong over his actions during a controversial merger of affiliates that helped solidify his control,
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,
(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.
12h
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 ...
12h
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 ...
The Edge Singapore
10h
South Korea eyes US$10 bil in support for chipmakers in 2025
South Korea plans to bolster its fiscal support for domestic chipmakers next year, shoring up an industry that may face ...
abp LIVE
1h
Samsung Names First Woman CEO Outside Founding Family In 86 Years: Report
Kim will now act as the president and CEO of Samsung Bioepis Co. The executive has over two decades of experience in biologic ...
2h
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.
8h
on MSN
Samsung Electronics replaces chip business heads, CFO in sweeping reshuffle
CEO as well as head of its memory chip business and appointed Han Jin-man as company president and head of the foundry ...
15h
Tech war: China’s AI hopes face fresh setbacks as US set to restrict advanced memory chip exports
South Korea’s SK Hynix and Samsung dominate the supply of HBMs, each controlling about 48 per cent of the global market share ...
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