Latest Lee Jae-yong news

Samsung chief angry at mobile division for copying Apple’s design

Last month, Samsung unveiled its new foldable phones, smartwatches, and wireless earbuds. After the announcement, several people started mocking Samsung and accused it of copying Apple's design language with the Galaxy Buds 3 and the Galaxy Watch Ultra, which reportedly made Samsung's chief angry at the mobile division for plagiarism. Samsung chief Lee reportedly got […]

By Asif Iqbal Shaik
3 months ago

Samsung, Hyundai, Tesla bosses to meet during Paris Olympics

According to a new report from The Chosun Daily, the Chairman of Samsung Electronics, Lee Jae-Yong, the Chairman of Hyundai Motor Group, Chung Eui-Sun, and the CEO of Tesla Motors, Elon Musk, are going to meet for dinner this weekend in Paris. Reportedly, the bosses of the three companies are visiting France during the 2024 […]

By Abid Iqbal Shaik
3 months ago

Samsung boss attends Paris Olympics for networking and national support

It was reported last week that Samsung Electronics Chairman Jay Y. Lee might visit Paris to attend the 2024 Olympics where he would network with other business leaders and also support the South Korean athletes. Lee arrived in Paris last Wednesday and has since taken part in a number of high-level business meetings. This is […]

By Adnan Farooqui
3 months ago

Samsung boss to visit Paris Olympics for promoting new devices

Samsung Electronics is a longstanding sponsor of the Olympics. It aligned the second Unpacked event of this year along with the games in Paris this year, unveiling new foldables, new smartwatches, earbuds, and the Galaxy Ring at the event on July 10. With the Olympics due to kick off this week, Samsung Electronics Chairman Jay […]

By Adnan Farooqui
3 months ago

Samsung’s global boss visits India to review business operations

Samsung Electronics chairman Jay Y. Lee is reportedly on a trip to India to review the company's local business performance. He is also expected to attend Anant Ambani's wedding ceremony during his visit. Anant Ambani is the son of Mukesh Ambani, the world's 11th richest person, and is richer than Nvidia's Jensen Huang. Lee visits India […]

By Asif Iqbal Shaik
4 months ago

Samsung chief’s upcoming meeting with Vietnam PM to deepen ties

Samsung has got a great thing going in Vietnam. The company's factories in Vietnam earned a $1.2 billion profit in the previous quarter. This is also where Samsung phones are made primarily, and the company has made significant investments in other manufacturing facilities there. Vietnam's Prime Minister Pham Minh Chinh is due to visit South […]

By Adnan Farooqui
4 months ago

Samsung boss meets Amazon, Meta, and Qualcomm CEOs to discuss future strategies

We recently reported that Samsung boss Lee Jae-yong traveled to the US on a business trip. He planned to meet the company's important partners and discuss future strategies. After meeting Verizon CEO last week, Lee met the CEOs of tech giants Amazon, Meta, and Qualcomm this week and sought increased cooperation. Samsung boss Lee Jae-yong […]

By Asif Iqbal Shaik
5 months ago

Samsung boss meets Verizon CEO for even closer collaboration

Samsung Electronics Chairman Lee Jae-yong recently met Verizon CEO Hans Vestberg to discuss how their companies can improve collaboration. Lee recently left South Korea to embark on a trip to meet Samsung's close partners and various political figures across the world. Lee is visiting New York, Washington DC, and Silicon Valley in the US during […]

By Asif Iqbal Shaik
5 months ago

Samsung boss shores up alliance with Zeiss for advanced chip manufacturing

Samsung Electronics is shoring up its ties with Zeiss, the only supplier of optical systems to EUV chipmaking machine manufacturer ASML, in a bid to strength its next-gen chip manufacturing capabilities. The company's executive vice chairman Lee Jae-yong met with Karl Lamprecht, CEO of Zeiss, during a visit to Zeiss headquarters in Oberkochen, Germany. The […]

By Adnan Farooqui
6 months ago

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

Samsung Electronics chairman Lee Jae-yong has topped Forbes' list of South Korea's wealthiest people for the first time in his life. Lee's net worth is KRW 15.81 trillion ($11.5 billion), which has recently risen by $3.5 billion. Lee Jae-yong becomes South Korea's richest person for the first time The increase in Lee Jae-yong's net worth […]

By Asif Iqbal Shaik
7 months ago

Hotly anticipated Zuckerberg and Samsung boss meeting takes place at historic office

Meta CEO Mark Zuckerberg has returned to South Korea after over a decade to meet industry leaders and government representatives, shoring up the company's alliances in the region as it looks to advance AI and XR technologies. It was rumored prior to his arrival that Zuckerberg would likely be meeting with Samsung Chairman Lee Jae-yong. […]

By Adnan Farooqui
8 months ago

Samsung meeting expected in Zuckerberg’s first Korea trip in 10 years

Meta CEO Mark Zuckerberg is reportedly heading to South Korea next week. This would be his first visit to the country in over a decade as he last visited the country, which was his first ever trip to Korea, back in June 2013. There aren't a lot of details about his trip available at this […]

By Adnan Farooqui
9 months ago

Samsung chief Lee Jae-yong’s acquittal in merger case appealed by prosecution

Earlier this week, a court in South Korea announced its verdict in the long-pending case related to the merger of Samsung Group's affiliate companies. It was alleged that Samsung Electronics Chairman Lee Jae-yong was involved in market irregularities and illegally boosting the share price of Cheil Industries, one of Samsung Group's affiliate companies. However, Lee […]

By Asif Iqbal Shaik
9 months ago

TSMC and Intel continue to make life very difficult for Samsung

Samsung is facing intense competition in the semiconductor market, largely due to TSMC's increasing competitiveness as well as Intel's comeback. The supply glut in the memory market and resulting price declines have already been quite painful for the company. It didn't help that Samsung Chairman Lee Jae-yong's absence due to his legal troubles prevented Samsung […]

By Adnan Farooqui
9 months ago

Samsung may finally spend its $60 billion cash to buy companies

It's not uncommon for companies that have deep pockets to fuel growth through mergers and acquisitions. Samsung is certainly one with deep pockets as its cash reserves are in excess of $60 billion. However, the company has been out of the M&A market since 2017 when it acquired Harman for $8 billion. That might change […]

By Adnan Farooqui
9 months ago

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