A Seoul Central District Court acquitted Samsung Electronics Co. Executive Chairman Jay Y. Lee of stock manipulation charges. This lifts a weight off the word’s largest maker of memory chips and displays, which is struggling with a global downturn and a stiff challenge from Apple Inc. in smartphones and SK Hynix Inc. in the nascent field of AI. Yoolim Lee reports on Bloomberg Television.
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@ugwunnamdik591
February 5, 2024 at 10:43 pm
some(if not most) Investors are looking for a way to take leadership away from the Founding Families. For a good or bad reasons & intentions, the founding Family can’t allow that to happen. and they shouldn’t allow it (IMO)
(This is a similar event/scenerio that Elon Musk is trying to correct with Tesla by asking for 25% voting share)
@jansolo69
February 6, 2024 at 1:00 am
Typical corruption in Korea. Chaebol have no shame.
@kathyatty
February 6, 2024 at 9:13 am
S.Korea’s justice system is not working properly.