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Samsung’s crown prince, convicted of bribery, officially takes over the company

  • October 27, 2022
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Notable moves came from South Korean tech giant Samsung. Third quarter in the past hours finacial report The company that made the statement has gone to jail twice

Samsung’s crown prince, convicted of bribery, officially takes over the company

Notable moves came from South Korean tech giant Samsung. Third quarter in the past hours finacial report The company that made the statement has gone to jail twice in the past. Jay Y. LeeHe put ‘in the boss’ chair. Let’s take a closer look at the latest developments on the Samsung front.

Samsung’s third quarter financial report shows the company’s earnings $6.7 billion was mentioned. While this figure is astonishing, the profit margin was 23.6 percent year-over-year, 15.4 percent lower than in the previous quarter. Moreover, such a situation arose when the company’s profits increased. In the past three months, Samsung was over $53 billion. This figure was 3.8 percent higher than in the same period last year.

The person Samsung is hoping for is actually the company’s number one…

Samsung

Samsung also made statements about Jay Y. Lee’s position as chairman of the board. In the statement, the current global business environment uncertainties was mentioned. According to Samsung, the reason Jay Y. Lee is in charge is a stronger responsibility and the urgent need for job stability. However, a strange situation arises here. Jay Y. Lee was already Samsung’s number one. This situation, with the decision taken today by the board of directors, established it happened.

Jay Y. Lee, Samsung founder Lee Byung-chul his grandson. The chair, which Byung-chul left, was headed by Lee Kun-hee, Jay Y. Lee’s father. However, Jay Y. Lee has never been idle in this process. Actually since 2014 He was also the head of Samsung. Today’s decision is just symbolic We can say that easily.

Jay Y. Lee doesn’t have a great track record!

Samsung logo

Those who follow the news about the world of technology know the name Jay Y. Lee well. Because the “new boss” of Samsung has a very good past. does not have any. Jay Y. Lee, who has faced several charges in recent years, including corruption, embezzlement, bribery and stock fraud, said. twice in and out of jail. Finally, by South Korean President Yoon Suk-yeol. to forgive. But so far there have been great events in South Korea, and even former South Korean President Park Geun-hye fired from his position… Now that all seems a thing of the past.

Source: Web Tekno

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