Samsung and Sony have a partnership in the form of S-LCD and the latest rumor suggests that both the companies might extend the partnership further when top executive from both the companies will meet together next week. The dinner meeting between Samsung’s chairman Lee Kun-hee and Sony CEO, Howard Stringer will take place on […]
Lee Kun-Hee
Lee Kun-hee’s return good or bad for Samsung?
If you’re unaware, Lee Kun-hee who had resigned from his post in 2008 over fraud and ethics, returned to the Samsung Group as a chairman of Samsung Electronics. While the move is said to save Samsung from the crisis they’re facing, there is a mixed feeling about his return. KoreaTimes has done a detailed […]
Samsung to reappoint Lee Kun-hee as Chairman
Lee Kun-hee who had resigned couple of years back following his fraud and ethics scandal will join the Korean conglomerate soon. Lee, 68 will join the Samsung Group as a chairman of memory chips, mobile phones and TV units (Samsung Electronics) but won’t serve on the Board of Directors. Lee Kun-hee is the son […]
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 […]