Samsung
Samsung rejects calls to restructure
During the general shareholders meeting on Friday, Samsung Electronics CEO Kwon Oh-hyun stated the company wants to hold off on restructuring the company into a holding company. Investors have been calling for such reform as…
Impeachment of South Korean President Park justified by court
On Friday, South Korean President Park Guen-hye was removed from office after the country’s Constitutional Court upheld her impeachment. Park allegedly violated the constitution and broke the law by helping her confidante, Choi Soon-sil, take…
Samsung chief Lee Jae-yong indicted on bribery charges
Samsung Group chief Lee Jae-yong was indicted with bribery and embezzlement by South Korean prosecutors. On February 17th, Lee was arrested over his alleged role in the corruption scandal involving impeached President Park Guen-hye. Lee…
Factory Riots Flare Up in Vietnam over Samsung’s Violence Against Workers
Thousands of workers milled around the gate of the construction site of a Samsung Display factory in Vietnam, scuttling with private security forces after security guards threw a worker to the ground, according to multiple…
Samsung: modern technology, medieval labor practices
This week, Samsung’s modern face is on full display at the Mobile World Congress in Barcelona, where tech industry giants are gathering to unveil the latest smartphones, tablets and mobile technology. What they don’t show…
Financial Times wants no leniency for Samsung’s Lee Jae-yong as protesters cheer his arrest
Lee Jae-yong, Samsung Electronics Co., Ltd vice chairman now under arrest on bribery charges, must be punished to the full extent of the law if convicted, The Financial Times insisted in a February 19 editorial….
Top Samsung Group executives offer to resign
According to news agency Yonhap, two senior Samsung Group executives have offered to resign. They take responsibility in the involvement of the conglomerate in the corruption scandal that led to the arrest of Lee Jae-Yong…
Samsung Group chief Lee Jae-yong arrested
The chief of Samsung Group Jay Y. Lee is arrested over his alleged role in a corruption scandal at the highest levels of power in South Korea. Lee is accused of bribing a close friend…
Bribery scandal increases pressure on Samsung
The Nikkei Asian Review published special edition on Samsung as the pressure on the company turned up by the latest bribery scandal. Tax avoidance scandals and suspicions of bribery are not new to the company….