We do know that Samsung Group is one of the biggest companies in the whole world but how big is it in South Korea? Well, it is the biggest conglomerate on the Korea Exchange that accounts for more than 25 percent of net profit on the exchange. Last year, Samsung and its 12 listed […]
Samsung Group
Former Samsung executive convicted over bond deals
Lee Kun-Hee, who served as a chairman of Samsung Group has been convicted of doing illegal bond transactions that caused massive loss to Samsung’s SDS subsidiary. Kun-Hee is sentenced to a three-year prison suspended term and has to pay a fine of 110 billion won (USD89.2 million). In 1999, on direction of Kun-Hee, the […]