Jay Fai

Social media Seoul probes fake online accounts of Hyundai Motor advisor Sung Kim

The Seoul Metropolitan Police Agency has launched an investigation into social media accounts pretending to be Hyundai Motor Group advisor Sung Kim,...

Korean startups Jay-Z’s Roc Nation to invest $5 mn in S.Korea’s Musicow  

US entertainment tycoon Jay-Z’s Roc Nation is expected to invest about $5 million in Musicow Inc., South Korea’s music copyright trading...

Korean chipmakers Samsung's Jay Y. Lee visits Zeiss to reinforce EUV ties

Samsung Electronics Co. is deepening ties with Zeiss Group, the sole provider of optical systems to the world’s only extreme ultraviolet (EUV)...

Leadership & Management Jay Y. Lee heads to Middle East, Malaysia for next Samsung takeoff

Samsung Electronics Co. Chairman Jay Y. Lee has embarked on a business trip to the Middle East in his first overseas trip since a South Korean court...

Executive reshuffles Samsung sets up future business planning unit, keeps co-CEO system

Samsung Electronics Co., the world’s largest maker of memory chips and smartphones, is creating a new division tasked with working out future ...

Business & Politics S.Korea-UK upgrade bilateral ties, sign deals on nuclear plants, chips

LONDON – South Korea and the UK have agreed to upgrade their bilateral relationship and closely cooperate in the defense, security and busines...

Food & Beverage Nongshim to launch Shin Ramyun Tomyum in Thailand

South Korean food and beverage giant Nongshim Co. announced on Wednesday that it will launch the first global collaboration products of its flagship...

Leadership & Management Samsung’s Jay Y. Lee heads to Europe for partner meetup, Busan Expo

Samsung Electronics Co. Chairman Jay Y. Lee has embarked on a business trip to Europe as he seeks to tighten cooperation with Samsung’s key bu...

Korean chipmakers Samsung Lee's urges to keep ‘super gap’ in semiconductor technology

Samsung Electronics Co. Chairman Jay Y. Lee on Thursday visited the construction site of the global memory chip giant’s new semiconductor rese...

Business & Politics Samsung’s Jay Y. Lee, Tesla’s Elon Musk discuss tech alliance

Samsung Group leader Lee Jay-yong has met with Tesla Inc. Chief Executive Elon Musk to discuss a tech alliance between the two companies in a variet...

Korean chipmakers Samsung Chairman Lee to meet new premier in China

Samsung Electronics Co. Chairman Jay Y. Lee arrived in Beijing on March 23 to review the chipmaker’s business in China, which is gradually rec...

Corporate governance Hyundai Motor, Lotte chairs rank as S.Korea’s highest-paid heads

Hyundai Motor Group Chairman Chung Euisun was ranked as South Korea’s highest-paid business owner in 2022 thanks to the group's record-high pr...

Korean chipmakers Samsung’s Jay Y. Lee walks on tightrope in US, China investments

BEIJING – Samsung Group leader Jay Y. Lee plans to attend the China Development Forum later this month for the first time as the South Korean ...

Samsung Group Samsung Chairman Jay Y. Lee pledges more anonymous donations

“I want to actively participate in volunteer work but it isn't easy because my face is known.”Samsung Electronics Co. Chairman Jay Y. Le...

Robotics Samsung Electronics, KAIST join forces to train robotics experts

Samsung Electronics Co. has partnered with the Korea Advanced Institute of Science and Technology (KAIST) to cultivate specialists in robotics. On M...

Korean food Jay Park's Won Soju ready to land in United States

"Won Soju" launched by a South Korean rapper Jay Park will be exported to the United States. Liquor company Won Spirits said on Thursday that it has...

Leadership & Management Samsung executives to be called without seniority title

Rank-and file-employees at Samsung Electronics Co. will call their senior executives without their titles as part of the company’s new human r...

Tech, Media & Telecom Samsung Chairman Jay Y. Lee flies to Vietnam for global business

Samsung Electronics Co. Chairman Jay Y. Lee embarked on a business trip to Vietnam on Wednesday to attend an opening ceremony for a research and dev...

Executive reshuffles Samsung Elec names first female president under Chairman Jay Y. Lee

Samsung Electronics Co., the world’s largest memory chip and smartphone maker, has carried out its year-end executive reshuffle, marked by its...

Leadership & Management Jay Y. Lee inaugurated as chairman of Samsung Electronics

Samsung Electronics Co.'s leader Jay Y. Lee was promoted as the company's chairman on Oct. 27.Samsung Electronics' board of directors approved the a...

Shareholder value Samsung leader Lee calls on mgt to raise shareholder value

Samsung Electronics Co. set up a task force team dedicated to increasing its shareholder value last month, according to industry sources on Oct. 4. ...

Samsung Group Samsung Group to speed up corporate governance reform

Samsung Group, South Korea’s largest conglomerate, is expected to accelerate the restructuring of its corporate governance to help Vice Chairm...

Carbon neutrality Samsung Electronics to announce plans to join RE100 Initiative

Samsung Electronics Co., the world’s largest smartphone and memory chipmaker, will soon join The Climate Group’s RE100 Initiative as the...

Samsung Group Samsung’s Lee reinstated; big moves in store for top conglomerate

Lee Jae-yong, Samsung Group’s de facto leader, on Friday had his right to work restored, paving the way for big moves for South Korea’s ...

Korean chipmakers Samsung Elec. executes surprise chip executive reshuffle

Samsung Electronics Co. undertook an unexpected personnel reshuffle on Thursday, involving 20 employees, to hold them accountable for a lower-than-e...

Business & Politics Yoon, Biden highlight 'economic security alliance' following Samsung tour

South Korean President Yoon Suk-yeol and visiting US President Joe Biden emphasized the two countries' iron-clad commitment to economic security all...

The KED View Time for Samsung to get another Fukuda Report

Eight years ago today, the late Samsung Group leader Lee Kun-hee collapsed at his home following a heart attack, a harbinger of doom six years later...

Samsung Group Jay Y. Lee absence raises risks for Samsung chip biz

Samsung Electronics Co. is losing its hegemony in the global semiconductor market as a sustained leadership vacuum has kept the world’s top me...

Samsung Group Samsung Group hires governance expert for unprecedented reorganization

Samsung Electronics Co. has hired a 20-year governance veteran for its much-awaited corporate governance restructuring, according to those familia...

Private equity IMM to buy Samsung Life stake once owned by Jay Y. Lee's sister

IMM Private Equity is set to acquire a 1.73 percent stake in Samsung Life Insurance Co., according to investment banking sources on Jan. 27. The sta...