SEOUL, Dec 18 — The chairman of Samsung Electronics, the world’s biggest smartphone and chip maker, has been jailed for sabotaging union activities, prompting a rare apology today from the firm. Chairman Lee Sang-hoon and executive vice president Kang Kyung-hoon were both sentenced to 18 months...
The logo of Samsung Electronics is seen at its office in Seoul February 28, 2017. — Reuters pic
Samsung Electronics is the flagship subsidiary of the Samsung group, by far the biggest of the family-controlled conglomerates known as chaebols that have propelled South Korea’s rise to the world’s 11th-largest economy. The company issued a joint statement today with construction affiliate Samsung C&T — which has also had executives convicted of violating union laws — acknowledging their errors.
Lee had denied the charges but Samsung Electronics declined to comment on whether the men would appeal. Samsung has played a key part in South Korea’s rise to become Asia’s fourth-biggest economy, but it is also the focus of resentment over the power and influence of the chaebols and has faced accusations of murky political connections.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Samsung Electronics chairman jailed on union-busting charge
Read more »
Samsung Electronics board chairman jailed on union-busting chargeLast week, the same court gave a 16-month jail term to a Samsung Electronics vice-president. FMTNews
Read more »
Using e-cigarettes significantly increases the risk of chronic lung disease finds new study | Malay MailNEW YORK, Dec 17 — New US research has found that using e-cigarettes, more commonly known as e-cigs, could significantly increase the risk of developing chronic lung diseases such as asthma, bronchitis, emphysema or chronic obstructive pulmonary disease. Carried out by researchers at UC San...
Read more »
Golf in 2019: Tiger roars back into spotlight | Malay MailPARIS, Dec 17 — Tiger Woods completed one of sport’s greatest ever comebacks by winning his 15th major title at the Masters in April, before ending the year as a winning Presidents Cup captain. Ireland’s Shane Lowry won the first British Open to be held in Northern Ireland since 1951, while a...
Read more »
Egyptians in Qatar ready for Salah-mania despite boycott | Malay MailDOHA, Dec 17 — Qatar’s large Egyptian community is clamouring to welcome their country’s “icon” Mohamed Salah when he comes to the Gulf this week as Liverpool kick off their Club World Cup campaign. But a regional diplomatic crisis has frustrated travel plans for fans based in Egypt and...
Read more »
Tennis in 2019: Nadal on top as new faces make mark in women’s game | Malay MailLONDON, Dec 17 — Rafael Nadal finished the season on top of the world to give the men’s rankings a familiar look but a new crop of women is showing the old guard can be overthrown. The Spanish world number one and Novak Djokovic won two Grand Slams each in 2019, holding Father Time and their...
Read more »