Samsung, corruption, and you

Today, hearings started for what promises to be one of the more extraordinary trials in the history of the tech industry. Lee Jae-yong was supposed to have it all as the anointed heir to the Samsung empire; instead he languishes in a Seoul detention center with little to do but watch an LG television.

The scandal that has engulfed Lee, Samsung and South Korea at large is staggering, variously involving illicit horse purchases, shamanistic cult leaders, and the impeachment of a president — here’s what you need to know.

Who is Lee Jae-yong?

Lee Jae-yong, better known in the West as Jay Y. Lee, is the vice-chairman of Samsung Electronics and effectively controls the Samsung Group at large right now. 48 years old, Lee is a Harvard-educated...

Continue reading…



via The Verge
Back To Top