Post by account_disabled on Feb 18, 2024 2:00:14 GMT -5
Samsung's vice president has been sentenced to two and a half years in prison by a Seoul high court. The ruling may reach the Supreme Court of South Korea, but agencies such as ReutersThey already warn that this ruling may end up delaying the restructuring of the company's organizational chart. Lee Jae-yong already served a year in prison in 2017 for a previous sentence, which he considered proven how the director of the technology company was involved in a scandal trying to bribe one of the partners of the president of the South Korean Government at the time, Park Geun-hye. . He was then sentenced to five years in prison. The year he already spent behind bars will be deducted from this new sentence, warns Reuters , which also puts into focus why this judicial resolution is historic in the Asian country: it is a turning point in the way in which Korean society understands and sees his country's large corporations, also known as chaebol . These firms were essential in the economic reconstruction of the country after the war.
Lee Jae-yong defended at the hearing in which the sentence was read that he wants to "make a new Samsung." We'll probably have to wait for it. The vice president is the last Lee who will hold a management position in the technology company, as he himself has stated on other occasions: he does not want his children to inherit responsibilities in the Europe Cell Phone Number List firm founded by his grandfather. His father, the former president of Samsung, Lee Kun-hee, died last October. The sentence against Lee Jae-yong comes after a new arrest warrant against the manager was announced last June . Finally, the court has ruled that Jae-yong is guilty of embezzlement, bribery and hiding funds valued a billion won, about 6.4 million euros.
I have spent a few minutes with the Samsung Galaxy S21 Ultra and it is clear to me that it comes to reign in the high-end with 5G, spectacular camera and sublime screen: these are my first impressions Analysts of the South Korean markets, such as Chung Sun-sup, head oo Reuters that the ruling will not have an immediate effect on Samsung's price . However, there could be an impact on the medium and long-term operations of the multinational, as is the case with its future corporate operations. "The lack of long-term leadership can cause delays in breaking into new businesses or making decisions, which would leave them behind in a global market," detailed Bae Sang-jun, executive director of the lobby representing the Federation of Korean Industry.
Lee Jae-yong defended at the hearing in which the sentence was read that he wants to "make a new Samsung." We'll probably have to wait for it. The vice president is the last Lee who will hold a management position in the technology company, as he himself has stated on other occasions: he does not want his children to inherit responsibilities in the Europe Cell Phone Number List firm founded by his grandfather. His father, the former president of Samsung, Lee Kun-hee, died last October. The sentence against Lee Jae-yong comes after a new arrest warrant against the manager was announced last June . Finally, the court has ruled that Jae-yong is guilty of embezzlement, bribery and hiding funds valued a billion won, about 6.4 million euros.
I have spent a few minutes with the Samsung Galaxy S21 Ultra and it is clear to me that it comes to reign in the high-end with 5G, spectacular camera and sublime screen: these are my first impressions Analysts of the South Korean markets, such as Chung Sun-sup, head oo Reuters that the ruling will not have an immediate effect on Samsung's price . However, there could be an impact on the medium and long-term operations of the multinational, as is the case with its future corporate operations. "The lack of long-term leadership can cause delays in breaking into new businesses or making decisions, which would leave them behind in a global market," detailed Bae Sang-jun, executive director of the lobby representing the Federation of Korean Industry.