TEHRAN, November 22 - The U.S. International Trade Commission on Tuesday recommended tariffs to keep Samsung and LG from flooding the U.S. market with inexpensive washers, a step that would protect American appliance giant Whirlpool Corp.
TEHRAN, October 31 -Samsung Electronics Co Ltd (005930.KS) named a new generation of leaders at its three main businesses on Tuesday as it seeks to steady the ship following the arrest of group scion Jay Y. Lee earlier this year on charges including bribery.
TEHRAN, August 25, YJC - A South Korean court has found Lee Jae-yong, the de facto chief of the sprawling Samsung business empire, guilty of bribery and other corruption charges.
South Korean prosecutors said on Tuesday they will charge Samsung Group [SARG.UL] chief Jay Y. Lee with bribery and embezzlement as the top conglomerate announced the dismantling of its corporate strategy office, the latest developments in a scandal that has rocked the country for months.
Samsung chief Lee Jae-yong (Jay Y. Lee) has been arrested amid allegations of being involved in the corruption scandal that led to the impeachment of South Korean President Park Geun-hye, a judge has announced.
Tens of thousands of people have converged on the streets of the South Korean capital, Seoul, demanding the swift ouster of the country's desperate President Park Geun-hye and the Samsung heir’s arrest for alleged corruption.
South Korean Samsung Group said on Monday it could not accept the special prosecutors' accusations that its leader, Jay Y. Lee, paid bribes to further his succession or the merger of two affiliates in 2015.
SEOUL, Feb 3, 2015 (AFP) - Samsung is to launch a range of smart refrigerators, air conditioners and washing machines as its seeks to expand its business in Internet-connected homes, a top executive said Tuesday.