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Sun, October 25, 2020 | 16:20
Lee Jae-yong's smooth succession in spotlight after Samsung chief's death
Lee Jae-yong's smooth succession in spotlight after Samsung chief's death
The succession of South Korea's top conglomerate, Samsung, by Lee Jae-yong, the only son of late Samsung Group chief, is in the spotlight as the tech behemoth aims to solidify its presence in the smartphone, semiconductor and other business realms with a massive investment plan under his leadership. Lee Kun-hee, chairman of Samsung Electronics Co. and the group chief, died Su...
2020-10-25 15:29
Samsung chief was wealthiest man in Korea
Samsung chief was wealthiest man in Korea
Lee Kun-hee, the late chief of South Korea's top conglomerate Samsung Group, was the wealthiest man in the country, data showed Sunday. The total value of stocks held by Lee, who died at a Seoul hospital after being bedridden following a heart attack in 2014, stood at 18.2 trillion won (US$16.1 billion) as of Friday, according to the Korea Exchange data.
2020-10-25 14:59
  • Samsung Chairman Lee Kun-hee, force behind Korea's rise to tech powerhouse, dies at 78
Late Samsung chief's scions to pay record high inheritance taxes
Late Samsung chief's scions to pay record high inheritance taxes
As Samsung chief Lee Kun-hee passed away, his heirs, including his only son, Jae-yong, and his sisters will shoulder a record high amount of inheritance tax, industry sources said Sunday. Lee Kun-hee, who led South Korea's top family-controlled conglomerate Samsung Group, died at a hospital in Seoul on Sunday at age 78, leaving behind stock assets of some 18 trillion won (US$...
2020-10-25 14:53
  • Samsung Chairman Lee Kun-hee, force behind Korea's rise to tech powerhouse, dies at 78
Samsung's market cap up nearly 350 times under Lee's leadership
Samsung's market cap up nearly 350 times under Lee's leadership
The market capitalization of Samsung Group, South Korea's largest conglomerate, rose 348 times under the leadership of now deceased group chief Lee Kun-hee, data showed Sunday. The conglomerate, which includes crown jewel Samsung Electronics Co. and construction company Samsung CT Corp., sprawled under his management, with its market capitalization reaching 318.7 trillion won...
2020-10-25 13:44
  • Samsung Chairman Lee Kun-hee, force behind Korea's rise to tech powerhouse, dies at 78
Samsung Chairman Lee Kun-hee, force behind Korea's rise to tech powerhouse, dies at 78
Samsung Chairman Lee Kun-hee, force behind Korea's rise to tech powerhouse, dies at 78
Lee Kun-hee, who had transformed Samsung Group into one of the world's major tech giants from a small trading firm, died at a hospital in Seoul on Sunday at age 78, leaving a thorny succession challenge for his children. The chairman of the flagship Samsung Electronics had been bedridden since May 2014 following a heart attack.
2020-10-25 09:59
  • Samsung chief was wealthiest man in Korea
  • Late Samsung chief's scions to pay record high inheritance taxes
  • Samsung's market cap up nearly 350 times under Lee's leadership
  • Biography timeline of late Samsung head Lee Kun-hee
  • [OBITUARY] The titan who built a global tech giant
Tax agency mulls taxation for Google's 30% commission
Tax agency mulls taxation for Google's 30% commission
The National Tax Service said Saturday it will consider imposing taxes on Google's planned enforcement of a 30 percent commission on in-app purchases of digital content from its Play Store next year.
2020-10-24 14:45
EDGC renews COVID-19 sample transport kit deal with Colorado
EDGC renews COVID-19 sample transport kit deal with Colorado
Genetic sequencing firm Eone Diagnomics Genome Center (EDGC) has renewed its deal with the American state of Colorado to provide more universal transport medium (UTM) kits for COVID-19, the company told The Korea Times on Oct. 21.
Ko Dong-hwan | 2020-10-23 16:17
Facebook launches dating service in Europe
Facebook launches dating service in Europe
Facebook Inc said https://bit.ly/3jjcdwy on Wednesday it was launching its dating service in 32 European countries after the rollout was delayed earlier this year due to regulatory concerns. The social media company in February postponed launching Facebook Dating in Europe after concerns were raised by Ireland's Data Protection Commissioner (DPC), the main regulator in the Eu...
2020-10-22 20:42
Dramatic turnaround for LG Display
Dramatic turnaround for LG Display
LG Display's painstaking efforts to normalize its operations are paying off, as the company posted an operating profit in the third quarter, ending seven consecutive quarterly losses, the display-making arm of LG Group said Thursday.
Baek Byung-yeul | 2020-10-22 16:55
DJI launches advanced stabilized camera
DJI launches advanced stabilized camera
DJI, a global leader in civilian drones and creative camera technology, has introduced its advanced stabilized camera, the DJI Pocket 2.
Kim Yoo-chul | 2020-10-22 15:36
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Top 10 Stories
  • Samsung Chairman Lee Kun-hee, force behind Korea's rise to tech powerhouse, dies at 78
  • The Korean marijuana story
  • New virus cases fall below 100 amid infection clusters
  • Korea to continue flu vaccination program as no direct links with deaths found
  • First autumnal frost observed in Seoul
  • Grave crimes: Ransoming the dead
  • Beijing's Korean War propaganda 'out of date', observers say
  • UN rights official slams North Korea over killing of South Korean at sea
  • Seoul Zoo sends 2 leopards to Germany, Denmark
  • Tax agency mulls taxation for Google's 30% commission
DARKROOM
  • Refugees live under harsh conditions amid COVID-19

    Refugees live under harsh conditions amid COVID-19

  • Wildfire aftermath

    Wildfire aftermath

  • Not wearing a mask is not an option (Part 4)

    Not wearing a mask is not an option (Part 4)

  • Deadly wildfires worsen across California

    Deadly wildfires worsen across California

  • Growing up amid COVID-19

    Growing up amid COVID-19

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