Samsung Heir

Samsung's sudden $122 billion wipeout shows cost of sleeping on AI

South Korea's biggest company has become a stark example of how quickly fortunes can turn in an industry where the spoils go to those who maintain a technological edge

Samsung heirs commit $13-billion shares to buy time for tax bill

Most of the Samsung stock is parked with a court as collateral for the inheritance tax levy of more than 12 trillion won ($10.1 billion)

Samsung heirs' legacy plan: $11 billion in tax, 23,000 artworks

The Lee family's estate is valued at around $23 bn; private art collection donated to the public

Samsung family donating mass art trove to pay a massive inheritance tax

Samsung's founding family will donate rare artworks, including Picassos and Dalis, and give hundreds of millions of dollars to medical research to help them pay a massive inheritance tax

Samsung scion Lee Jae-yong will not appeal prison sentence for bribery

Samsung scion Lee Jae-yong and prosecutors have decided not to appeal a court ruling that convicted him for bribing South Korea's former president for business favours, confirming a prison term of two and a half years for the country's most influential corporate leader, according to lawyers and court officials on Monday. But Lee's legal troubles aren't over. He has been indicted separately on charges of stock price manipulation, breach of trust and auditing violations related to a 2015 merger between two Samsung affiliates. The deal helped strengthen Lee's control over Samsung's corporate empire. The bribery allegation involving Lee was a key crime in the 2016 corruption scandal that ousted Park Geun-hye from the presidency and sent her to prison. In a much-anticipated retrial of Lee last week, the Seoul High Court found him guilty of bribing Park and one of her close confidantes to win government support for the contentious merger between Samsung C&T and Cheil Industries, which ..

Samsung scion Lee Jae-Yong faces new bribery trial in corruption scandal

Lee's father and grandfather -- Samsung founder Lee Byung-chull -- had brushes with the law themselves but never served time behind bars

Samsung heir likely to make investment announcement in India: Report

Samsung is one of the key supplier to the country's largest telecom operator Reliance Jio and is very keen to get involved in 5G business

Samsung heir Lee Jae-Yong jailed for 5 years on corruption charges

Seoul Central District Court convicted Lee, 49, the vice-chairman of Samsung Electronics

Samsung heir Lee Jae-Yong begins testimony, denies corruption charges

Lee & four other executives are accused of bribing powerful confidante of then-President Park Geun

Samsung heir Lee Jae-Yong arrested in corruption probe

Lee Jae-Yong is accused of paying nearly $40 million in bribes