Lee Jae-yong, vice chairman of Samsung Electronics, committed stock manipulation, breach of trust and other offences, prosecutors said.
01 Sep 2020 4:34 PM
S Korean president Park Guen-hye was ousted for allegedly accepting bribes to ensure a smooth transition for Lee to succeed his ill father.
06 May 2020 2:59 PM
Samsung said on Wednesday it will spend the sum, amounting to 25 trillion won, to hire artificial intelligence researchers.
08 Aug 2018 12:26 PM
Chaebols were instrumental in South Korea's economic rise but have long had murky connections with political authorities.
28 Aug 2017 3:56 PM
The court found the money was in return for policy favours including government support for Lee's hereditary succession at the group.
25 Aug 2017 12:43 PM
They will be priced below 700,000 won (USD 616) and sales are slated to start July 7.
27 Jun 2017 12:31 PM