South Korean prosecutors on Monday sought a 12-year prison term for Samsung Electronics Vice Chairman Lee Jae-yon, over charges that include allegedly bribing the former president for government support to help Lee cement control of the group. Lee, the de facto leader of one of ...
Apple is giving a nod to several up-and-coming technology trends, unveiling a new "smart" home speaker and device features touching on virtual reality, online privacy and a form of artificial intelligence called machine learning. The HomePod speaker unveiled Monday is similar to devices from rivals, ...
Samsung Electronics will begin selling its Galaxy S8 smartphone in Japan next month, in a bid to win back market share lost to Apple following the recall of the fire-prone Samsung Galaxy Note 7, Yonhap News Agency reported Sunday. The Galaxy S8 release comes after ...
A South Korean retail giant has shelved controversial expansion plans, while a large bank made hundreds of contract jobs permanent after President Moon Jae-in took office vowing to reform the family-run conglomerates that dominate the economy. The 64-year-old liberal leader campaigned on a platform of ...
The Samsung brand is best known for its smartphones and wide-screen TVs. Yet behind the scenes the conglomerate is also making a name as a contract manufacturer of complex medicines to treat diseases like cancer. On a piece of reclaimed land along the western coast ...
Samsung has unveiled its new Galaxy S8 smartphones, incorporating the virtual assistant Bixby, as the market leader seeks to rebound from a chaotic handset recall and a corruption scandal. The South Korean giant's mobile chief, DJ Koh, told a New York event Wednesday the Galaxy ...
The end of the Samsung era may herald the downfall of a wide range of South Korean manufacturing sectors from shipbuilding to steel and automobiles.
South Korean President Park Geun-hye colluded with a friend to take bribes from Samsung Group aimed at cementing Samsung Chief Jay Y. Lee's control of the conglomerate, the special prosecutor's office said Monday, paving the way for Park to be prosecuted if removed from ...
Once a driver of growth and a source of national pride, South Korea's family-led conglomerates are becoming objects of scorn as a massive corruption scandal puts them under mounting pressure to reform. Tuesday's indictment of the heir to the Samsung empire, Lee Jae-yong, and four ...
Samsung's new product showcase is notable for what's missing: a new flagship phone. Instead, Samsung this week is spotlighting new Android and Windows tablets after delaying the Galaxy S8 smartphone — an indirect casualty of the unprecedented September recall of the fire-prone Note 7 phone. ...
The legal drama playing out in Seoul over whether Samsung scion Lee Jae-yong engaged in bribery and embezzlement has the feel of a Greek tragedy. It is a tale of an ambitious son trying to live up to his father's legacy — and the ...
Prosecutors said Tuesday they would make a second attempt to arrest the de facto head of South Korean giant Samsung over a corruption scandal that led to the impeachment of President Park Geun-Hye. Lee Jae-yong, Samsung Electronics vice chairman and the son of Samsung group ...
