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Samsung family pays tribute to late founder

Samsung Group commemorated the 36th anniversary of the death of Lee Byung-chull, the founder of Korea’s largest conglomerate, in a memorial service Friday. Lee's relatives, including former Leeum Samsung Museum of Art Director Hong ra-hee, Lee's daughter-in-law, and his two granddaughters Lee Boo-jin and Lee Seo-hyun, who are presidents of Hotel Shilla and Samsung C&T, respectively, paid tribute t.

Korean chip giant chiefs to travel to Netherlands with president

The heads of South Korea’s top two conglomerates Samsung Group and SK Group are expected to travel to the Netherlands, a semiconductor powerhouse, next month to accompany President Yoon Suk Yeol on his state visit there, according to industry sources on Wednesday. Yoon is scheduled for a state visit to the Netherlands upon the invitation of Dutch King Willem-Alexander on Dec. 12 and 13. It is the first time a S.

Samsung family to sell stakes worth W2 6tr to pay tax

Family members of Samsung Group, South Korea’s biggest conglomerate, are selling stakes worth some 2.57 trillion won ($1.97 billion) to pay their inheritance tax bill, according to a regulatory filing on Monday. Hong Ra-hee, the widow of the late former Samsung Group Chairman Lee Kun-hee, and her two daughters, Lee Boo-jin and Lee Seo-hyun, signed a trust contract with Hana Bank to dispose of stakes worth about.

Yoon hosts private banquet with chaebol chiefs

South Korean President Yoon Suk Yeol invited the chiefs of the country's top conglomerates Samsung Electronics, SK Group and LG Group to a private banquet Tuesday to discuss pending issues, according to industry sources on Thursday. Samsung Electronics Chairman Lee Jae-yong, SK Group Chairman Chey Tae-won and LG Group Chairman Koo Kwang-mo were reportedly invited to the meeting at the presidential office i.

[Photo News] Samsung chief checks R&D complex

Samsung Electronics Chairman Lee Jae-yong (right) reviews construction work at the site of the company's new R&D complex in Giheung, Gyeonggi Province, Thursday. Before the inspection, Lee held a management meeting on chip strategy at Samsung Electronics Semiconductor Research Center and urged executives to create a turning point for innovation as global uncertainties continue. (Samsung Electronics)

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