Samsung’s Lee reinstated; big moves in store for top conglomerate

Samsung’s Lee reinstated; big moves in store for top conglomerate

Lee Jae-yong, Samsung Group’s de facto leader, on Friday had his right to work restored, paving the way for big moves for South Korea’s ...

Exhibition: Samsung heir’s donation of Lee Jung-seob works

Exhibition: Samsung heir’s donation of Lee Jung-seob works

The late Samsung Group chairman Lee Kun-hee was an avid arts collector.Though the business magnate did not mention names, it was easy to guess who h...

Carlyle CEO Lee’s sudden exit puts the PE’s Korea strategy in spotlight

Carlyle CEO Lee’s sudden exit puts the PE’s Korea strategy in spotlight

The sudden resignation of The Carlyle Group Inc. Chief Executive Kewsong Lee has not just surprised the global investment community but raised quest...

KIC taps investment strategy head Lee Hoon as CIO

KIC taps investment strategy head Lee Hoon as CIO

Korea Investment Corporation (KIC) is set to appoint Lee Hoon, the senior managing director and head of the investment strategy & innovation d...

Samsung Elec. executes surprise chip executive reshuffle

Samsung Elec. executes surprise chip executive reshuffle

Samsung Electronics Co. undertook an unexpected personnel reshuffle on Thursday, involving 20 employees, to hold them accountable for a lower-than-e...

Samsung leader Lee, Intel CEO Gelsinger discuss chip alliance

Samsung leader Lee, Intel CEO Gelsinger discuss chip alliance

Samsung Group’s de facto leader Jay Y. Lee on Monday met with visiting Intel Corp. Chief Executive Pat Gelsinger in Seoul to explore ways to f...

Yoon, Biden highlight 'economic security alliance' following Samsung tour

Yoon, Biden highlight 'economic security alliance' following Samsung tour

South Korean President Yoon Suk-yeol and visiting US President Joe Biden emphasized the two countries' iron-clad commitment to economic security all...

Time for Samsung to get another Fukuda Report

Time for Samsung to get another Fukuda Report

Eight years ago today, the late Samsung Group leader Lee Kun-hee collapsed at his home following a heart attack, a harbinger of doom six years later...

Jay Y. Lee absence raises risks for Samsung chip biz

Jay Y. Lee absence raises risks for Samsung chip biz

Samsung Electronics Co. is losing its hegemony in the global semiconductor market as a sustained leadership vacuum has kept the world’s top me...

CJ integrates AI infrastructure and data to launch CJ AI center

CJ integrates AI infrastructure and data to launch CJ AI center

CJ Corp. launched an artificial intelligence center Wednesday, which it hopes will lead the conglomerate's digital innovation. The new CJ AI Cente...

Samsung Group hires governance expert for unprecedented reorganization

Samsung Group hires governance expert for unprecedented reorganization

Samsung Electronics Co. has hired a 20-year governance veteran for its much-awaited corporate governance restructuring, according to those familia...

BOK governor nominee stokes slower rate hike expectations

BOK governor nominee stokes slower rate hike expectations

South Korea’s nominee for its new central bank governor stoked expectations that the Bank of Korea may raise interest rates less than predicte...

Samsung heirs sell Samsung Elec shares for $1.1 bn

Samsung heirs sell Samsung Elec shares for $1.1 bn

The wife and two daughters of the late Samsung Group Chairman Lee Kun-hee raised a combined 1.37 trillion won ($1.1 billion) in block sale of Samsun...

Construction Workers taps former Credit Union head as new CIO

Construction Workers taps former Credit Union head as new CIO

Construction Workers Mutual Aid Association (CWMA) has named Lee Seong-yeong as its new chief investment officer and is in the final stage of the no...

IMM to buy Samsung Life stake once owned by Jay Y. Lee's sister

IMM to buy Samsung Life stake once owned by Jay Y. Lee's sister

IMM Private Equity is set to acquire a 1.73 percent stake in Samsung Life Insurance Co., according to investment banking sources on Jan. 27. The sta...

Squid Game Player 001 wins as best TV supporting actor at Golden Globes

Squid Game Player 001 wins as best TV supporting actor at Golden Globes

Netflix mega-hit Squid Game’s actor Oh Young-soo, Player 001, has won Best Performance by an Actor in a Supporting Role on TV at the 79th Gold...

SK Telecom taps AI expert as new technology chief

SK Telecom taps AI expert as new technology chief

SK Telecom Co., South Korea's top mobile carrier, has tapped its e-commerce arm's chief executive and artificial intelligence (AI) expert Lee Sang-h...

Samsung Elec launches dedicated team for China

Samsung Elec launches dedicated team for China

Samsung Electronics Co., South Korea’s top tech giant, has established a dedicated team for the Chinese market, where its smartphone and home ...

Bank of Korea raises interest rates, signals further hikes

Bank of Korea raises interest rates, signals further hikes

South Korea’s central bank increased its policy interest rate for the second time in three months and signaled further hikes to stem rising in...

Samsung likely to announce US foundry investment plan this week

Samsung likely to announce US foundry investment plan this week

Samsung Electronics Co. is expected to announce an investment plan for its second US-based semiconductor foundry plant this week. As the South Kor...

Jay Y. Lee meets Verizon CEO and Moderna co-founder

Jay Y. Lee meets Verizon CEO and Moderna co-founder

Samsung Electronics Co. Vice Chairman Jay Y. Lee has met with biopharmaceutical conglomerate Moderna’s co-founder and telecommunications g...

Samsung heir Lee on US trip for foundry investment, COVID vaccines

Samsung heir Lee on US trip for foundry investment, COVID vaccines

Jay Y. Lee, vice chairman and de facto leader of South Korea’s top conglomerate Samsung, has embarked on a business trip to North America to f...

MBK's Lee listed among Forbes' power Asia businesswomen

MBK's Lee listed among Forbes' power Asia businesswomen

MBK Partners' first female partner Lee In-kyung has made it to the list of Forbes Asia's 20 power businesswomen published in its November issue. For...

Goldman promotes TMT banker to MD in Seoul

Goldman promotes TMT banker to MD in Seoul

Goldman Sachs Group Inc. on Nov. 2 announced the promotions of two Korean executive directors in its Seoul office to managing directors (MDs), the b...

SM Entertainment founder’s final audition: New owner

SM Entertainment founder’s final audition: New owner

“It was not like an M&A negotiation but rather an audition by Lee Soo-man,” said a source at a company that is looking to buy a stak...

Teachers' Pension CIO to enter 1-yr extended term

Teachers' Pension CIO to enter 1-yr extended term

The Teachers' Pension in South Korea has extended the term of its Chief Investment Officer Lee Kyu-hong by one year until the end of September 2022,...

Samsung shares struggle as big strategic decisions still await Lee

Samsung shares struggle as big strategic decisions still await Lee

Shares of Samsung Electronics Co. have been trapped in a boxed range since the start of the year, dashing retail investors’ hope that the tech...

Samsung's Lee to be released on parole on Aug. 13

Samsung's Lee to be released on parole on Aug. 13

Samsung Group leader Jay Y. Lee will be released on parole on Friday after having been imprisoned since January of this year on charges of bribery a...

Samsung Electronics’ stock stages a rebound as outlook concerns ease

Samsung Electronics’ stock stages a rebound as outlook concerns ease

Shares of Samsung Electronics Co. have risen above the psychologically important level as foreign and institutional investors returned amid easing c...

Lee Kun-hee’s art collection exhibited from this month in Seoul

Lee Kun-hee’s art collection exhibited from this month in Seoul

The lavish art collection donated by the Samsung Group following the death of group chairman Lee Kun-hee will be shown to the public from July 21. The...

S.Korean game developer Krafton acquires Japan’s ADK for $517 million S.Korea's stablecoin frenzy fuels stock rally despite regulatory uncertainty SK Hynix joins Samsung in 200 trillion won market cap club Samsung on hiring spree to bolster US foundry sales LS Electric poised to join Nvidia's supply chain via Vertiv deal