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Samsung Group news

  
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After Night in Cell, Samsung Scion Taken for Questioning
Handcuffed and tied with white rope, the scion of one of the world's biggest conglomerates, Samsung Group, was taken on Saturday for questioning by South Korean authorities after spending a night in a small detention cell.
Samsung chief Lee arrested as South Korean corruption probe deepens  Reuters UK
Samsung Group to disband its corporate strategy office after probe ends
SEOUL, Feb 6 (Reuters) - Samsung Group said it will disband its corporate strategy office after a special prosecution probe ends, setting a timeline on a pledge to wind up a power centre that has been criticised for its role in South Korea's graft scandal.
Samsung Group to disband corporate strategy office after South Korea graft ...  The New Indian Express
Samsung group affiliates ordered to trim cross-holdings
Samsung SDI, the group's battery-making unit, said it would sell a 2.6 per cent stake worth about Won727.5bn ($625m) in Samsung C&T, the group's de facto holding company, to comply. “We are considering whether to ask for the FTC to extend the deadline ...
Samsung Affiliates Drop as Regulator Seeks Cut to Holdings  Bloomberg
Samsung SDI to sell 5 million Samsung C&T shares after ruling  Reuters
Elliott targets Samsung again with call to split flagship
Last year, Elliott pursued an unsuccessful campaign to derail a merger between two other Samsung group companies, which most analysts in Seoul considered a deal aimed at cementing the founding Lee family's control, rather than driving shareholder value ...
Samsung shares rise to record high as activist investor calls for reforms  The Guardian
Picking a fight  Breakingviews
Samsung Group offices get raided again in political scandal
Samsung Group's offices have been raided for a third time in connection with the political scandal roiling South Korea.
Samsung Group offices raided by Korean prosecutors  Ars Technica UK
With Samsung chief in jail, one-time mentor seen taking charge
SEOUL The arrest of Samsung Group scion Jay Y. Lee on bribery charges could hamper decisions on strategic investments and acquisitions at the sprawling conglomerate, insiders and former executives say, even with a strong leadership bench at its many ...
Samsung boss faces arrest as South Korea corruption scandal grows
Special prosecutors alleged that Jay Y Lee, heir apparent to the Samsung group, had paid bribes totalling more than $36m (�30m) to Choi Soon-sil, a longtime friend of the country's impeached president, Park Geun-hye, in return for business favours.
South Korea prosecutors seek arrest of Samsung chief Jay Y Lee for bribery  CNBC
Samsung Electronics shareholders OK board seat for Samsung Group scion
Jay Y. Lee, the only son of Samsung Electronics chairman Lee Kun-hee and the company's vice chairman, attends the 2015 HO-AM Prize ceremony which was established by Lee Kun-hee, in Seoul, South Korea, June 1, 2015.
Samsung Scion's Reign Begins Amid Note 7 Smartphone Crisis  Bloomberg
Samsung profits dive 30% following recall fiasco as heir apparent ushered in  The Guardian
UPDATE 7-Samsung chief Lee arrested as S.Korean corruption probe deepens
SEOUL, Feb 17 Samsung Group chief Jay Y. Lee was arrested early on Friday over his alleged role in a corruption scandal rocking the highest levels of power in South Korea, dealing a fresh blow to the world's biggest maker of smartphones and memory ...
Samsung Group leader Lee arrives at S.Korea prosecution office for questioning
SEOUL, Jan 12 (Reuters) - Samsung Group leader Jay Y. Lee on Thursday arrived at the South Korean special prosecutor's office for questioning over bribery suspicions as part of a widening political scandal that may permanently unseat President Park ...
Samsung Group leader questioned in South Korea government scandal  CBC.ca
Samsung Group Leader Is Named a Suspect in South Korean Bribery Inquiry  New York Times