Korean pension fund backs corporate royals again
March 9, 2020
Huge pension body continues to protect troubled corporate dynasties, undermining reform efforts
By Geoffrey Cain
Asia Times
Mar 23, 2019
Huge pension body continues to protect troubled corporate dynasties, undermining reform efforts
By Geoffrey Cain
Asia Times
Mar 23, 2019
Three years after explosive allegations of graft and corruption brought down the government of Asia’s fourth-largest economy, South Korea’s chaebol culture will again come under the microscope when Samsung Electronics Co. heir Jay Y. Lee returns to court.
By Sohee Kim
Bloomberg
Oct 24, 2019
As exploding batteries force recall of flagship phone, can a rising star rethink company’s business model to prevent an even bigger bang?
By Geoffrey Cain
South China Morning Post
September 26, 2016
Author Geoffrey Cain discusses the trial of Samsung’s Jay Y Lee and what it means for South Korea’s Chaebols. He speaks on “Bloomberg Markets: Asia.”
Bloomberg Markets: Asia
Aug 25, 2017
[Samsung Vice Chairman] Jay Y. Lee is in a vulnerable position,” Cain says. “The cross-shareholding system is like a yarn ball, if someone finds just the right place to tug, they could pull out the right part and the whole thing could fall apart overnight.
By Josh Horwitz
Quartz
Aug 24, 2017
A court in South Korea turned down prosecutors’ request to arrest Samsung Group’s Jay Y. Lee on alleged bribery, perjury and embezzlement, letting him stay in place atop the country’s most powerful company while they continue their investigation.
Bloomberg Technology
Jan 19, 2017
Combustible smartphones are a symptom of deeper management problems at the Korean company.
By Geoffrey Cain
The Wall Street Journal
Oct 12, 2016
What to read next:
Geoffrey Cain on Investigative Journalism, Authoritarian Power, and The Perfect Police State | In a wide-ranging conversation with Jennifer Grossman, CEO of The Atlas Society, investigative journalist Geoffrey Cain reflects on years spent reporting inside some of the world’s most restrictive regimes — and on the research behind his book The Perfect Police State: An Undercover Odyssey into China’s Terrifying Surveillance Dystopia of the Future.
For years, Tim Cook insisted Apple could change China from the inside. Instead, China changed Apple.
The latest evidence? Apple spent billions developing cutting-edge electric vehicle battery technology with Chinese automaker BYD, only to watch its innovations become the cornerstone of BYD’s rise to global electric vehicle dominance. Apple walked away with nothing. China walked away with everything.
This isn’t just another story about corporate research and development gone wrong. It’s a cautionary tale about how even America’s most valuable company has become trapped in China’s web of technological control — and how that web is about to tighten even further.