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Potential pardon for Samsung scion discussed in Moon's meeting with biz leaders: Cheong Wa Dae – The Korea Times

Potential pardon for Samsung scion discussed in Moon’s meeting with biz leaders: Cheong Wa Dae
June 2, 2021
President Moon Jae-in talked about whether to grant Lee Jae-yong, the de-facto head of Samsung Group, a special pardon, during a meeting with a group of business leaders, Cheong Wa Dae said Wednesday.
Moon had a luncheon meeting with the leaders of South Korea’s four major conglomerates SK, Hyundai, LG and Samsung at Cheong Wa Dae earlier in the day.
The attendees were SK Group Chairman Chey Tae-won, Hyundai Motor Group Chairman Chung Eui-sun and LG Group Chairman Koo Kwang-mo. Samsung Electronics Vice Chairman Kim Ki-nam, who is in charge of the firm’s device solutions division, attended the meeting instead of Lee. The Samsung scion was imprisoned in January for embezzlement and bribery. ....

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Is the Korean president about to let the Samsung heir out of jail?

Scheduled to meet leaders of South Korea's top conglomerates tomorrow, observers expect President Moon Jae-in to drop a hint about Lee Jae-yong's pardon. - SamMobile ....

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Texas frontrunner for Samsung Electronics' $17 bil. semiconductor investment: industry insidersNews

The best trip, the best summit, and Never-before-seen outcomes.
This is how South Korea s President Moon Jae-in and Prime Minister Kim Boo-kyum described the summit with the United States.
South Korean ministers held a briefing session on Tuesday to share the results of the summit and discuss follow-up measures.
Trade Minister Moon Sung-wook said that the summit has allowed Korea and the U.S. to draw tangible achievements in the economic field, including the supply chain for key industries such as semiconductors.
At the business roundtable on May 21st, the two countries reached a consensus over the need for cooperation in achieving a stable supply chain in core industries. ....

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Korea's top 4 groups eyeing greater presence in US market

Korea s top 4 groups eyeing greater presence in US market ....

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S. Korean Conglomerates to Announce Massive Investment Plans Alongside Summit

Photo : YONHAP News
All eyes are on potential U.S. investment plans by major South Korean businesses, as many of their chief executives are accompanying President Moon Jae-in during his visit to the U.S.
According to business sources, representatives of the Big 4 conglomerates boarded flights heading to Washington on Wednesday and Thursday ahead of a planned summit between President Moon and U.S. President Joe Biden in the U.S. capital on Friday.
The representatives, including SK Group Chairman Chey Tae-won and Samsung Electronics Vice Chairman Kim Ki-nam, will likely attend business gatherings hosted by the U.S. Department of Commerce. ....

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