South Korean court denies prosecutors' arrest warrant request for Samsung heir Jay Lee

A South Korean court denied an arrest warrant request for Samsung Group heir apparent Jay Y. Lee, saying that although prosecutors’ secured “a considerable amount of evidence,” it was still not enough to detain Lee. Prosecutors allege that the value … Read more…

After surprise apology, Samsung heir pressed to explain family’s intentions

Samsung Group heir Jay Y. Lee’s vow to end dynastic succession at South Korea’s biggest conglomerate following three generations of family control sparked skepticism in some quarters and worry in others for the future of the country’s corporate champions. Reuters: … Read more…

Samsung Biologics to Begin Large Scale Manufacturing of SARS-COV-2 Antibodies

Samsung Biologics (Songdo, South Korea) has entered into a manufacturing agreement with Vir Biotechnology, Inc. (San Francisco, CA, USA) for… COVID-19 | HospiMedica International SPECIAL NEWS BULLETIN: Click today to request your free ACRX discount prescription card and save up … Read more…

Samsung Electronics beats first-quarter estimates, braces for bigger blow from coronavirus

Samsung Electronics Co Ltd said on Tuesday its first-quarter operating profit likely managed to rise slightly from a slump a year earlier, as solid chip sales helped cushion the blow from the coronavirus pandemic on smartphones and TVs. Reuters: Technology … Read more…

South Korea’s Samsung Electronics closes mobile device plant after coronavirus case confirmed: Yonhap

Samsung Electronics shut one of its mobile device factories in South Korea after a worker tested positive for the coronavirus, the Yonhap news agency reported, citing a company official. Reuters: Technology News BEST DEAL UPDATE:

Coronavirus infection at Samsung factory prompts South Korean firms to prepare for the worst

Samsung Electronics Co., LG Electronics Inc. and other companies in South Korea are taking precautions against the coronavirus after a rising number of cases in the country, including the infection of a Samsung employee at a local production facility. The … Read more…

Samsung Electronics confirms coronavirus case at phone factory complex in South Korea

Samsung Electronics said on Saturday that one coronavirus case had been confirmed at its mobile device factory complex in the southeastern city of Gumi, causing a shutdown of its entire facility there until Monday morning. Reuters: Business News SPECIAL DISCOUNT … Read more…