Samsung is envisioning a change in governance structure as a presidential pardon has virtually normalized de facto leader Lee Jae-yong’s control over the nation’s largest conglomerate. Lee Chan-hee,...ing a holding company that controls Samsung affiliates, including the conglomerate’s crown jewel Samsung Electronics. Lee is the biggest single shareholder of Samsung C&T, holding about 18 percent of...

The first Samsung product that Richard Craig, a 37-year-old American living in Tianjin, China, owned was a 42-inch flat screen TV he bought in 2009 in the US. Ten years later, the longtime iPhone use...auty as a brand name in the global cosmetic market long dominated by European and US companies. Samsung C&T’s fashion brand 8 Seconds has challenged Japan’s Uniqlo and Sweden’s H&M since 2012 in offe...

... South Korea‘s largest and richest conglomerate have been among many features that captured the “Samsung man” -- trained to fit into the gigantic and somewhat militant organization. A shared goal of ...n drain coupled with slower hiring -- despite its highly paid staff and executives. Since 2019, Samsung Engineering, Samsung C&T and Samsung SDS have seen their employee numbers gradually decline, de...

The engineering and construction division of Samsung C&T Corporation is aggressively entering the eco-friendly energy businesses such as small modular reactors, or SMRs, green hydrogen and ammonia. ...ion in 2029. Based on its experience of building 10 nuclear power plants at home and abroad, the E&C division of Samsung C&T has also agreed to work together as a strategic partner in NuScale’s SMR p...

The Supreme Court on Thursday upheld an additional 16-month jail sentence to former Samsung Electronics Vice President Kang Kyung-hoon for his attempts to break up a labor union in South Korea‘s larg... Everland, an operator of an amusement park in Korea. Everland was considered a key affiliate in Samsung’s corporate structure, and has been merged into Samsung C&T, a de facto holding company of the ...

Samsung Electronics will hold an annual meeting of shareholders on Wednesday, amid complaints growing over performance issues of its latest Galaxy phones and falling stock prices that failed to refle... Other key shareholders with more than 5 percent stakes include BlackRock with 5.03 percent and Samsung C&T with 5.01 percent. Meanwhile, minority shareholders own a combined 65.71 percent stake. “T...

... Agreement by Energy Transfer from a utility scale Solar project in northeast Texas . Energy Transfer is a publicly traded Fortune 100 energy company based in Dallas . Solar Farm AB provided Samsung Renewable Energy, Inc. ( https://www.samsungrenewableenergy.ca/ ), a subsidiary of Samsung C&T Corporation's Investment and Trading Group, with commercial advisory including offtake origination services for the 200 MWac solar project located in Lamar County, Texas . AB is currently ...

Samsung Group on Tuesday promised to create 30,000 new youth jobs in South Korea in three years by expanding its corporate social responsibility initiatives (CSR), the government said. The plan to c...tly to avoid controversies surrounding his post-parole employment restrictions. Under the plan, Samsung will expand the scope of its pre-existing CSR programs, including C-Lab Outside and Smart Facto...

Shares of Samsung Group’s major units lost ground just as its de facto leader Lee Jae-yong was released on parole Friday, seven months after being return to prison for bribery involving former Presid...sion mainly due to selling by foreign investors. They offloaded nearly 5.7 trillion won worth of Samsung Electronics shares from Aug. 5 to Friday. Shares of Samsung C&T, the construction and trading ...

...ruda with 3,990.6-to-1 and 3,039.6-to-1, respectively. By amount of proceeds raised through IPOs, game firm Netmarble stood at No. 1 with some 2.66 trillion won ($2.31 billion). It was trailed by Samsung Biologics and SK ie technology at 2.25 trillion won each, followed by Cheil Industries -- prior to its merger with Samsung C&T -- with 1.52 trillion won. SK Bioscience also raked in nearly 1.5 trillion won. Cheil Industries attracted the most subscription bids, worth 485.2 trillion won ahead of its main board listin...

...r Lee Jae-yong. The jailed tycoon does not hold a single share in Welstory, but controls it via Samsung C&T, the de facto holding firm of Samsung Group. Lee is the largest C&T shareholder with a stak...t at the end of the year. “If Welstory was that important to the owner family, such efforts wouldn’t have been made to the extent of seeing losses,” an industry official explained. The FTC found sig...

The heirs of the late Samsung Group chief Lee Kun-hee on Friday paid 2 trillion won ($1.79 billion) toward their 12 trillion won-plus inheritance tax bill. The remaining amount, which exceeds the 10....e conglomerate. He controls the business group through a cobweb-like ownership structure linking Samsung C&T, Samsung Life Insurance and Samsung Electronics. The Samsung Electronics vice chairman is ...

Samsung’s ownership family on Friday announced how the late group Chairman Lee Kun-hee’s Samsung stocks would be distributed among its members. Many local analysts saw it as the finale in a long, sto...t shareholder with 10.44 percent. The largest shareholder is the group’s de facto holding firm, Samsung C&T, and Lee Jae-yong is Samsung C&T’s largest shareholder. Although the Samsung Life shares w...

The bereaved family of Samsung Group Chairman Lee Kun-hee is not at odds over who should get what from the late tycoon’s Samsung company shares, worth 19 trillion won ($17.06 billion) in total, offic...gh the regulatory filings of the relevant companies. The late Chairman Lee held 4.18 percent of Samsung Electronics, plus 0.08 percent of the firm’s preferred shares, 2.86 percent of Samsung C&T and ...

...oup Chairman Koo Gwang-mo, 43, who owns 27.53 million shares in the group’s holding company LG Corporation. Value of his equity holdings came to some 2.8 trillion won, based on the market closing pric...as followed by Lee Seo-hyun, 48, director of Samsung Welfare Foundation and daughter of the late Samsung Group Chairman Lee Kun-hee. Holding 10.45 million shares in Samsung C&T and 3.01 million shares...