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Samsung Group news

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Heirs of Samsung's Lee don't plan to sell shares in holding firm IPO: source
SEOUL (Reuters) - The children of the Samsung Group's [SAGR.UL] patriarch do not plan to sell their shares in an IPO by Cheil Industries Inc, the de facto holding company for South Korea's largest conglomerate, a source with direct knowledge of the ...
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Waiting in the wings
Today the Samsung group, whose 74 companies have estimated annual revenues of more than 400 trillion won ($387 billion) and 369,000 employees, is into everything from washing-machines and holiday resorts to container ships and life insurance.
Samsung has more employees than Google, Apple, and Microsoft combined  Ars Technica
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Samsung SDS Files for $1.1 Billion IPO Amid Restructure
The listing is another step in helping Lee Jae Yong, the heir apparent to South Korea's most powerful chaebol, restructure Samsung Group to retain control after his 72-year-old father Lee Kun Hee was hospitalized in May. The conglomerate, with ...
Samsung IT Unit Set For $1.1B IPO As Parent Restructures  Law360 (subscription)
Samsung SDS sets IPO price range at 170000 won to 190000 won a share  GlobalPost
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Hyundai Motor, Samsung Group Lose 27 Trillion Won in Market Cap in Q3
The Samsung Group's market capitalization dropped by 16.6661 trillion won (US$15.8191 billion) between the end of June and September 27, and the amounts were 10.0294 trillion won (US$9.5222 billion) and 3.1966 trillion won (US$3.0324 billion) for ...
Samsung Group's solar business may go dark
Despite such a promising outlook, Samsung SDI in the second quarter reported that its electronics material division, which includes its solar energy business, suffered a 15 percent year-on-year drop in revenue to 365.9 billion won ($342.5 million).
Samsung to Scale down Solar Cell Business While Strengthening Medical ...  The Korea Bizwire
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Samsung Group heiress files for divorce
Lee Boo-jin, the eldest daughter of Samsung Group chairman Lee Kun-hee, is going through divorce proceedings, the company said Saturday.
Lee Kun-hee, Samsung CEO, died on May 16. Samsung's defense?  Korea IT Times (press release)
Samsung Chairman's eldest daughter files for divorce  Yonhap News
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Samsung Electronics Third-Quarter Profit Plunges
... Mr. Lee's only son, Jay Y. Lee, inherit the company from his father. The younger Mr. Lee, a vice chairman of Samsung Electronics, remains the biggest shareholder of a de facto holding company of the Samsung Group, South Korea's biggest conglomerate.
Samsung Group Q3 earnings shows why Apple rules the world  The Hoops News
Apple may be getting last laugh as Samsung earnings implode  VentureBeat
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Samsung Group paid Microsoft Corporation $1 Billion in royalties last year for ...
Microsoft profiting from the success of Android. The company's new lawsuit against Samsung Group revealed some interesting numbers like $1 Billion and 'mere' $6.9 Million for late payment.
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Samsung Group launches Galaxy Note 4 ahead of the iPhone 6 in China
Apparently Samsung wants to capture the same heat that Apple has kindled and is now having a change of heart about its October launch.
Samsung rushes Note 4 to market  Korea JoongAng Daily
Samsung launches Note 4, S watch in Dubai
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Samsung SDS sets preliminary price for $1 billion-plus float: source
The sale of shares in Samsung SDS, the IT services affiliate of Samsung Group, could raise at least 1 trillion won ($962 million), local media have reported.
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