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South Korea president pardons Samsung leader Jay Y Lee

South Korea's President Yoon Suk-yeol has pardoned Samsung Electronics Vice Chairman Jay Y Lee, with the justice ministry saying the business leader was needed to help overcome a "national economic crisis".

World • 12 Aug 22

Samsung said the investments up to 2023 are expected to help it strengthen its global standing in key industries such as the chip sector

Samsung to invest $206 billion over next three years

Samsung Group said it will invest 240 trillion won ($205.64 billion) in the next three years to expand footprint in biopharmaceutical, artificial intelligence, semiconductor and robotics industries in the post-pandemic era.

Business • 24 Aug 21

Samsung Group heir Jay Y Lee, has been set free after a year's detention

Samsung heir Lee walks free as court suspends jail term

A South Korean appeals court has suspended a jail sentence handed down to Samsung Group heir Jay Y Lee, setting him free after a year's detention amid a corruption scandal that brought down the former president.

Business • 05 Feb 18

Samsung Electronics CEO and vice chairman Kwon Oh-hyun in shock announcement to step down

Samsung CEO Kwon in shock resignation as profits surge

Samsung Electronics said today that its chief executive and vice chairman Kwon Oh-hyun plans to step down from management.

Business • 13 Oct 17

Lee had paid bribes in anticipation of favours from then president Park Geun-hye, according to a landmark ruling by a Seoul court

Samsung leader given 5-year jail sentence for bribery

The billionaire head of South Korea's Samsung Group, Jay Y Lee, has been jailed for five years for bribery after a six-month trial over a scandal that brought down the president.

Business • 25 Aug 17

Pre-orders for Samsung's Galaxy S8 launched in April were better than many analysts had expected

Samsung's highest quarterly operating profit since 2013

Samsung Electronics has flagged stronger earnings and announced a cancellation of treasury shares after posting a solid first-quarter profit boosted by the memory chip business.

Business • 27 Apr 17

Samsung's Jay Y Lee is facing bribery, embezzlement and other charges

Jailed Samsung chief may still play a corporate role

The head of South Korea's Samsung Group, Jay Y Lee, may be in a jail cell but he is allowed plenty of visitors.

Business • 14 Mar 17

Jay Y Lee is the 48-year-old third-generation leader of the Samsung giant

Samsung chief's trial to start next week

Samsung Group leader Jay Y Lee will go on trial for bribery and embezzlement on Thursday, a court said, amid a corruption scandal that has rocked South Korea.

Business • 03 Mar 17

Samsung Group chief Jay Y Lee and four other executives to be charged

Samsung Group chief to be charged amid scandal

South Korea's special prosecutor's office said today it will charge Samsung Group chief Jay Y Lee and four other executives with bribery and embezzlement amid a political scandal that has rocked the country.

Business • 28 Feb 17

Samsung's group chief Jay Y Lee was arrested today

Samsung boss arrested as corruption probe deepens

Samsung Group chief Jay Y Lee was arrested today over his alleged role in a corruption scandal rocking the highest levels of power in South Korea.

Business • 17 Feb 17

Samsung's record chip earnings glossed over the Note 7 smartphone fiasco in the fourth quarter

Samsung warns of political risks

Samsung said it expects profit growth in 2017 despite challenges arising from political uncertainty, after record chip earnings glossed over the Note 7 smartphone fiasco in the fourth quarter.

Business • 24 Jan 17

Jay Y Lee