Lee Jae Yong News - Latest Updates & Headlines
South Korea loses suit on compensation to Mason Capital over Samsung merger
Seoul, March 21: South Korea has lost a lawsuit seeking to annul an investor-state dispute settlement (ISDS) ruling that ordered it to pay compensation to US hedge fund Mason Capital over losses from tech major Samsung's controversial 2015 merger of two units.
Samsung Chairman Lee Jae-yong calls for do-or-die mindset to overcome crisis
Seoul, March 17: Samsung Electronics Chairman Lee Jae-yong has urged executives to adopt a "do-or-die" mindset to navigate the intense challenges posed by the new era driven by artificial intelligence (AI), industry sources said on Monday.
Samsung decides to cancel over $2 billion worth of treasury stocks
Seoul, Feb 18: Samsung Electronics said on Tuesday it has decided to cancel 3 trillion won ($2.01 billion) worth of treasury stocks as part of its buyback plan to enhance shareholder value.
Prosecution requests panel to deliberate on whether to appeal Samsung Chairman acquittal
Seoul, Feb 6: The prosecution has requested for a panel of outside experts to decide whether it should appeal the recent acquittal of Samsung Electronics Chairman Lee Jae-yong in relation to a 2015 merger case, judiciary sources said on Thursday.
Softbank's Son had 'good discussion' with chiefs of Samsung, OpenAI
Seoul, Feb 4: SoftBank Group head Masayoshi Son said on Tuesday he had a "very good discussion" with Samsung Electronics Co. Chairman Lee Jae-yong and OpenAI chief Sam Altman, as the three gathered to discuss artificial intelligence (AI) cooperation in the midst of the rapidly changing industrial landscape.
Samsung reacts with 'cautious optimism' to Chairman Lee's acquittal ruling
Seoul, Feb 3: Samsung Electronics on Monday responded with caution to an appellate court's acquittal of its Chairman Lee Jae-yong in an accounting fraud case that experts here say has removed many uncertainties for both Lee and Samsung.
2015 merger case: Appeals court upholds acquittal of Samsung Chairman Lee
Seoul, Feb 3: An appellate court on Monday upheld the acquittal of Samsung Electronics Co. Chairman Lee Jae-yong in accounting fraud and other irregularities related to the controversial merger of two Samsung affiliates in 2015.