Samsung to sell off refurbished Galaxy Note 7s: reports
- 27-Jun-2017
SEOUL: The world’s biggest smartphone maker Samsung will next week start reselling refurbished Galaxy Note 7 devices after a humiliating recall over exploding batteries last year, news reports said on Tuesday. Samsung Electronics declined to comment on the reports. The recall debacle cost the Korean giant billions of dollars in lost profits and hammered its […]
Samsung heir indicted for bribery, embezzlement
- 28-Feb-2017
SEOUL: The heir to the Samsung empire and four other top executives were indicted Tuesday on multiple charges including bribery and embezzlement, South Korean prosecutors said in the latest blow to the world’s biggest smartphone maker. The presentation of formal charges against Lee Jae-Yong and his colleagues makes them almost certain to face trial, casting […]
South Korea court mulls fresh bid to arrest Samsung heir
- 16-Feb-2017
SEOUL: The scion of South Korean giant Samsung appeared in court Thursday as judges deliberate a second attempt by prosecutors to arrest him over a corruption scandal embroiling impeached President Park Geun-Hye. Lee Jae-Yong, Samsung Electronics vice chairman, is accused of paying nearly $40 million in bribes to Park’s secret confidante to secure policy favours. […]
Samsung heir to be quizzed again over corruption scandal
- 12-Feb-2017
SEOUL: South Korean prosecutors said on Sunday they would question the Samsung heir again as part of a probe into a corruption and influence-peddling scandal that caused President Park Geun-Hye to be impeached. Lee Jae-Yong, Samsung Electronics vice chairman and the son of the Samsung group boss Lee Kun-Hee, has been quizzed several times over […]