chaebol
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Samsung Heir Is Getting Out of Jail Because of… the Chip Shortage?
It was a huge deal when South Korea decided to convict Samsung heir Lee Jae-yong — also known as Jay Y. Lee in the west — for bribery in one of the most bizarre scandals in the country’s history. It was also massive when, after getting off easy in 2018, Lee was sent back to…
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Samsung Heir Makes History By Pledging To End Family’s Corporate Dynasty
There are a few things to know about Samsung’s heir apparent Lee Jae-yong and how his family runs the company—he does not make frequent media appearances, apologies are rare, and family succession is a given. But in a press conference on Wednesday, Lee not only publicly apologised for his role in a bribery scandal involving…