South Korea's top Court acquits Samsung's Lee Jae-Yong
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The South Korean Supreme Court’s ruling dispels uncertainty over Lee Jae-yong’s leadership as the tech giant faces challenges from tariffs and chip making rivals.
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Yonhap News Agency on MSNSamsung's Lee cleared to steer group through global tech headwinds following acquittalEarlier in the day, the Supreme Court finalized the acquittal of Lee on charges of stock price rigging, breach of trust and accounting fraud in connection with the controversial merger of Cheil Industries Inc. and Samsung C&T Corp., which was seen as aimed at solidifying his managerial control of the group at a lower cost.
Samsung Electronics Executive Chairman Lee Jae-yong returned to South Korea on July 14 following a whirlwind trip to the exclusive Sun Valley Conference in Idaho, marking his fourth publicly disclosed overseas trip of 2025.
SEOUL] Samsung Electronics executive chairman Lee Jae-yong was cleared of all charges related to accounting fraud and stock manipulation by South Korea’s Supreme Court, marking a major legal victory for the billionaire head of the world’s largest electronics empire.
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The Chosun Ilbo on MSN[Minute To Read] Final verdict frees Samsung’s Lee from legal shadowThe Minute to Read (Weekdays) series provides a quick overview of significant events in Korea everyday, conveniently condensed into a one-minute read. Here’s a recap of what happened yesterday: July 17.
The parade of power players to Lei Jun's door tells a story. Samsung Electronics Chairman Lee Jae-yong, Qualcomm CEO Cristiano Amon, and Nvidia CEO Jensen Huang have all made the pilgrimage to meet with Xiaomi's founder and CEO during their China visits.
President Lee Jae Myung's pick for justice minister, Democratic Party of Korea Rep. Jung Sung-ho, said Wednesday that taking away the public prosecution service