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Samsung chief urged to diversify top executives, board members

Lee Jae-yong, who was promoted from vice chairman to chairman of Samsung Electronics, the crown jewel of Samsung Group, on Oct. 27, faces the daunting task of weathering multiple challenges, including a chip market slump, legal risks and finding new growth engines to keep the nations largest conglomerate competitive. To this end, industry experts stressed that Lee needs to fill the chipmakers board with directors capable of fiercely discussing the direction of the industry, while rallying mid-le...
Cholla Namdo South Korea Soult Ukpyolsi United States Pusan Gwangyoksi Kyonggi Do

Samsung, SK woo ASML to gain edge over rival TSMC

Samsung Electronics Chairman Lee Jae-yong and SK Group Chairman Chey Tae-won accompanied President Yoon Suk-yeol for tea at the presidential office with Dutch Prime Minister Mark Rutte and ASML CEO Peter Wennink on Thursday. Their meeting took place an hour before the leaders of the two countries held a summit. According to the presidential office, Yoon asked ASML to make additional investments in Korea.
Soult Ukpyolsi South Korea Kyonggi Do Frederic Schneider Maunoury Yoon Suk Yeol Mark Rutte

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