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April 18, 2024
Samsung C&T president makes her first business trip to Milan
Samsung C&T President Lee Seo-hyun, the younger sister of Samsung Electronics Chairman Lee Jae-yong, visited Italy on her first business trip after her recent comeback to a management role in the com...nt place for Samsung Group, particularly for the company's design innovation,...
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April 09, 2024
Hotel Shilla CEO to sell W440b of Samsung shares
...on imposed on Samsung Group family members following the demise of the late Samsung Group Chairman Lee Kun-hee in 2020. To settle one of the world's largest inheritance tax bills, the family members h...in Samsung Electronics valued at about 2.17 trillion won, which she, along...
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April 01, 2024
Family, business leaders mourn Hyosung honorary chairman
Lee and Cho Hyun-joon are close friends, both born in 1968 and studying together at Keio University in Japan. When Lee’s father Lee Kun-hee passed away in October 2020, Cho visited the funeral to pay respect for two days in a row. At the time, Cho recalled ...
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March 29, 2024
Daughter of late Samsung chairman becomes Samsung C&T president
Lee Seo-hyun, the second daughter of late Samsung Group Chairman Lee Kun-hee and the younger sister of Samsung Electronics Chairman Lee Jae-yong, is returning to the management as she takes the post of president at Samsung C&T. Samsung C&T, the construction ...
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February 29, 2024
Yoon, Zuckerberg discuss AI, digital ecosystem in Seoul
...our. On Wednesday, Zuckerberg met with business leaders here, including Samsung Electronics Chair Lee Jae-yong and LG Electronics CEO Cho Joo-wan, separately, to discuss ways to expand cooperation in...o leaders officially met in Korea in 2013 and 2014. Samsung's Seungjiwon was used as...
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February 22, 2024
Meta CEO to visit Seoul next week possibly on AI partnership
...rip are unknown, sources predicted that the Meta founder could meet with Samsung Electronics Chair Lee Jae-yong, as he did during his first trip to Korea in June 2013. If the two tycoons meet, the ag... Lee and Zuckerberg reunited and discussed expanding their partnership. W...
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January 26, 2024
Hyundai takes earnings crown after profit surge
...businesses. But with ‘return-to-normalcy,’ opened a new chapter for the automotive industry,” said Lee Ho-geun, a car engineering professor at Daeduk University. “Hyundai took the opportunity and boos...e two conglomerates also clashed over the automotive business when the late Sams...
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January 02, 2024
[KH explains] Nexon’s failed stake sale reignites dispute over ‘punitive’ inheritance tax
...ing stakes to pay their succession tax bill worth 12 trillion won since the late Samsung patriarch Lee Kun-hee died in 2010 with an estate valued at 20 trillion won. Other heirs of some of the countr...mber, a group of local professors, including Park Sung-ook who teaches tax...
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December 12, 2023
Samsung sets out in search of ‘unprecedented’ technology
...mpany on Monday. The latest organizational restructuring of the tech giant comes as its chairman, Lee Jae-yong, has emphasized technological development as the key to survival amid growing uncertaint... Vice Chairman Jun Young-hyun, as its leader. Eyes are on what items the new team w...
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November 07, 2023
Samsung family to sell stakes worth W2.6tr to pay tax
...ung Group, South Korea’s biggest conglomerate, are selling stakes worth some 2.57 trillion won ($1.97 billion) to pay their inheritance tax bill, according to a regulatory filing on Monday. Hong Ra-hee, the widow of the late former Samsung Group Chairman Lee Kun-hee
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October 23, 2023
Samsung chief bolsters ties with Japanese partners
Samsung Electronics Executive Chairman Lee Jae-yong met with a group of top executives from Japanese electronic parts vendors for their annual meeting in Seoul, which had been suspended due to the CO... Sunday. The annual meeting between Samsung and its Japanese electronic parts makers i...
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October 19, 2023
Scholars shed light on late Samsung chief’s management initiatives
A week ahead of the third anniversary of the late Samsung Group Chairman Lee Kun-hee’s death, scholars gathered at a global academic conference in Seoul on Wednesday, looking back on his management i...n Resources Development Center in Yongin, Gyeonggi Province. His son Samsun...
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September 21, 2023
Late Samsung chairman’s Jindo dog project gets spotlight
Samsung Group late Chairman Lee Kun-hee’s Jindo dog preservation project is getting a renewed spotlight as the group’s guide dog school marks its 30th anniversary this year. According to industry so...r Samsung Electronics Chairman Lee Jae-yong, the late chairman’s...
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September 20, 2023
Samsung’s guide dog school marks 30th anniversary
Samsung Group’s guide dog school, which began operations after the late Chairman Lee Kun-hee’s new management declaration in September 1993, celebrated its 30-year anniversary Tuesday. Samsung held ...shed essay. Tuesday’s ceremony was attended by 200 people, including Sams...
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August 06, 2023
Hotel Shilla CEO Lee Boo-jin becomes director of family-run scholarship foundation
...nted as the director of the Dooeul Scholarship Foundation, local reports said Friday. The Dooeul Scholarship Foundation was established in commemoration of Park Doo-eul, the late founder of Samsung Lee Byeong-cheol’s wife in 2000. Lee In-hee, an advisor to Hansol ...
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July 24, 2023
Museum for late Samsung chief’s art collection gets regulatory approval
A new art museum featuring some 23,000 artworks collected by the late Samsung Group Chairman Lee Kun-hee is expected to be built in central Seoul in 2028 after getting regulatory approval Thursday. The museum was one of the six construction projects whose feasibility reviews ga...
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May 15, 2023
Samsung, Tesla chiefs meet in Silicon Valley
Samsung Electronics Chairman Lee Jae-yong met with Tesla CEO Elon Musk at the Korean tech giant’s chip complex in Silicon Valley on Wednesday to discuss ways to strengthen cooperation in future tech ...longest stay overseas since he took over the group’s management when his father, the ...
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April 06, 2023
Ho-Am Foundation picks prize winners
...a diploma and a Ho-Am Prize medal with prize money of 300 million won ($228,400). The Ho-Am Prize Ceremony is scheduled to be held on June 1. Named after the penname of Samsung group’s late founder Lee Byung-chull, the Samsung Ho-Am Prize was established in 1990 by Lee ...
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March 23, 2023
Samsung Group celebrates low-key 85th anniversary
...ow-key manner. It is the first year that the big day has been celebrated following de facto leader Lee Jae-yong’s promotion to executive chairman of Samsung Electronics. Industry sources and Samsung ... Samsung, originally March 1, was changed to the 22nd after the late founder's thir...
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February 15, 2023
Samsung chief unlikely to seek board membership
Samsung Electronics Chairman Lee Jae-yong is unlikely to seek board membership at the company, as it was not included in the list of agenda items to be discussed in the upcoming general shareholders ... 2017. Lee was first appointed as a board member in 2016, two years after hi...