follow the latest progress in Samsung in different sites most famous technicals /Maya Kosoff by 2017-01-16 at 14:48
as mentioned in
Samsung Heir Faces Arrest as Corruption Scandal Deepens
- Samsung can't catch a break.Its Galaxy Note 7 smartphones—and their replacements—finally seem to have stopped exploding (The cause of the explosions, something of a public-relations disaster late last year, was the phone's battery).But a bigger, more existential problem faces the company.Lee Jae-yong, also known as Jay Y. Lee, who is Samsung's vice-chairman and heir apparent, is facing arrest on charges that he had tried to bribe South Korean president Park Geun-hye.
. read more from here
Move to Arrest Samsung Leader Threatens a Carefully Crafted Narrative
- "Beyond the arrest itself, this is going to be a big blow to the narrative they've been building," said Geoffrey Cain, the author of a forthcoming book on Samsung."It's hard to convince shareholders and partners they are a hip Silicon Valley-style company when these charges show them to be a company run like a feudal dynasty."Advertisement Continue reading the main storyMr. Lee's legal troubles are unlikely to have an immediate impact on Samsung's day-to-day business, as operations are run mainly by professional managers in autonomous teams, analysts said.And his role at Samsung is not necessarily over.South Korea has a long history of pardoning the leaders of its largest family-run companies, known as chaebols.
. read more from here
Samsung Heir Faces Arrest In Presidential Corruption Scandal
- The vice chairman and billionaire heir apparent of Samsung, Jay Y. Lee, is the latest high-profile figure to be implicated in the presidential corruption scandal that has rocked South Korea.Prosecutors there claim Lee gave 43 billion won ($36 million) in bribes to President Gun-Hye Park and her close advisor, Soon-sil Choi.The money allegedly came in the form of donations to Choi's non-profit foundations in an effort to curry favor with the government and help consolidate his family's control over Samsung.The Central District Court of Seoul is now deciding whether or not to issue the warrant, which would make Lee the first executive in the country to be arrested because of the scandal.
. read more from here
to read more visit us Samsung
Post a Comment