In The Media
What does the jailing of its heir mean for Samsung?
You just need to walk down the streets of Seoul to see how entrenched Samsung is as part of Korean life. It is South Korea's largest "chaebol" - a Korean name made up of the words "clan" and "wealth", which together mean a massive family-owned empire - and makes up a...
Will Samsung Case Mark A Turning Point For South Korean Business Ties To Government?
A South Korean court's decision Friday to sentence Lee Jae-yong, the de facto leader of Samsung, to five years in prison on corruption charges is reverberating across the country. The nation's economy and Samsung's fortunes have been inextricably linked for decades....
Morning Agenda: Proving Uber’s Real Value
The litany of corporate scandals at Uber has raised questions about the way the company is run, led to a lawsuit by a main investor, and prompted fund managers to cut their estimates for the price of shares. And yet one core group hasn’t been put off: the customers....
Samsung launches Note 8 to replace exploding model
Samsung has unveiled a revamped model of its exploding Note 7 smartphone, the new Galaxy Note 8, as the South Korean phone manufacturer attempts to draw a final line under the disastrous product. The launch of the Note 8 is a crucial moment for Samsung, which has been...
Prison, a patsy, purgatory: possible outcomes as the Samsung empire’s heir awaits a verdict on bribery charges
https://qz.com/1060318/samsung-verdict-the-possible-outcomes-for-south-korean-chaebol-heir-lee-jae-yong-in-his-bribery-trial/ Quartz - Josh Horwitz, August 24, 2017 Geoffrey Cain talks with Quartz about the future of Samsung as its leader faces trial for...
Mastermind or Naïf? Samsung Heir’s Fate Hinges on the Question
SEOUL, South Korea — The criminal trial of Lee Jae-yong, who controls Samsung, one of the world’s largest corporate empires, has riveted South Korea since it began last spring. Prosecutors have cast him as a mastermind bent on breaking the law to protect his family’s...
Samsung Posts Record Quarterly Profit
Samsung Posts Record Quarterly Profit Author Geoffrey Cain discusses Samsung's quarterly earnings, its reputation in business and his outlook for the company. He speaks on "Bloomberg Markets: Asia." (Source: Bloomberg)
South Korean Youth Struggle To Find Jobs After Years Of Studying For Tests
Lim Hyuk-ju lives in a tiny apartment in a bustling student neighborhood of South Korea's capital, Seoul. The apartment is just 30 sq. ft. — basically a walk-in closet with a toilet, shower and shared kitchen — for $400 a month. "It's uncomfortable, because when I lay...
What next for Samsung as chief’s ‘trial of the century’ begins
What next for Samsung as chief's 'trial of the century' begins Some South Koreans are calling it "the trial of the century." Lee Jae-yong, the de facto chief of Samsung and the country's most prominent business leader, is facing a list of charges including bribery and...
Samsung Bribery Scandal Threatens South Korea Success Story
SEOUL, South Korea — Jay Y. Lee, heir to one of the world’s biggest corporate empires, followed in the footsteps of his prominent father. He took charge of key businesses. He hobnobbed with his country’s president. He brought in new ideas. Then, like his father, he...