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Will a 6-day workweek for executives help Samsung avert crisis?

Samsung Group’s latest decision is to make the executives of its key tech affiliates — Samsung Electronics, Samsung SDI, Samsung SDS and Samsung Display — work an extra day per week as part of the group’s emergency measures to tackle ongoing business uncertainties

Ukraine , Israel , South-korea , Iran , Taiwan , Korea , Hwang-yong-sik , Lee-jae-yong , Sk-group , Korea-herald-asia-news-network , Samsung-electronics

[Column] Are chaebol firms just pizza pies for families to divvy up as they please?

The way Korea’s chaebol families blatantly use affiliate spinoffs to secure inherited control over conglomerates is rarely seen in other advanced economies

Sweden , Busan , Pusan-gwangyoksi , South-korea , Germany , South-korean , Lee-jae-yong , Cho-hyun-joon , Yoon-suk-yeol , Kwack-jung-soo , Cho-seok-rae ,

[KH Explains] Will 6-day workweek for executives help Samsung avert crisis?

Doubts have been raised over Samsung Group’s latest decision to make the executives of its key tech affiliates -- Samsung Electronics, Samsung SDI, Samsung SDS and Samsung Display -- work an extra day per week as part of the group's emergency measures to tackle ongoing business uncertainties. Critics pointed out that the six-day workweek for executives is "outdated and inefficient," and that it l...

Ukraine , Israel , Taiwan , Iran , South-korea , Korea , Lee-jae-yong , Hwang-yong-sik , Samsung , Samsung-heavy-industries , Sejong-university-college-of-business-administration

[Column] Are chaebol firms just pizza pies for families to divvy up as they please?

The way Korea’s chaebol families blatantly use affiliate spinoffs to secure inherited control over conglomerates is rarely seen in other advanced economies

Germany , Sweden , South-korea , Busan , Pusan-gwangyoksi , South-korean , Yoon-suk-yeol , Kwack-jung-soo , Cho-seok-rae , Lee-jae-yong , Cho-hyun-joon ,

Samsung boss Lee Jae-yong becomes South Korea's richest person

Samsung's Lee Jae-yong ranked South Korea's richest person for the first time according to Forbes with a net worth of $11.5 billion. - SamMobile

Cheil , Kangwon-do , South-korea , Seo-jung-jin , Lee-jae-yong , Lee-kun-hee , Kim-byung-ju , Samsung-electronics , Samsung , Nvidia , Cheil-industries

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 company, according to industry sources, Thursday. Lee reportedly visited Milan to attend Milan Design Week (MDW) 2024, the world's largest design and furniture fair, which attracts more than 2,300 exhibitors and 370...

Milan , Lombardia , Italy , Cheil , Kangwon-do , South-korea , New-york , United-states , Lee-kun-hee , Lee-seo-hyun , Lee-jae-yong ,

Korea faces another compensation claim over 2015 Samsung merger

The South Korean government faced another compensation claim for its alleged role in the 2015 merger of two Samsung companies. The Hague-based Permanent Court of Arbitration ruled Thursday that the Korean government should compensate some $32.03 million to Mason Capital, a New York-based hedge fund, for its investment losses from the high-profile merger deal. Mason had originally demanded to be compensated with $200 ...

Cheil , Kangwon-do , South-korea , Korea , South-korean , Lee-jae-yong , Korea-justice-ministry , Samsung , National-pension-service , Samsung-electronics , Permanent-court

S. Korea ordered to pay $32 mn in lawsuit over merger of 2 Samsung affiliates

The ordered compensation amount, which included interest on delayed payments, represents about 16 per cent of what Mason demanded, reports Yonhap news agency.

Netherlands , Cheil , Kangwon-do , South-korea , South-korean , Lee-jae-yong , Samsung-group , Justice-ministry , Cheil-industries , Samsung , Permanent-court