samsung-chief-jay-y.-lee-cleared-of-all-charges-in-2015-merger-case

Samsung chief Jay Y. Lee cleared of all charges in 2015 merger case

A Seoul appeals court on Monday upheld the acquittal of Samsung Electronics Executive Chairman Jay Y. Lee in accounting fraud and stock manipulation in a case related to a controversial 2015 merger of two Samsung affiliates, Cheil Industries and Samsung C&T. The Seoul High Court dismissed the prosecution’s appeal in the case involving Lee, who

lg-electronics-takes-majority-stake-in-bear-robotics,-reportedly-valuing-startup-at-$600m

LG Electronics takes majority stake in Bear Robotics, reportedly valuing startup at $600M

LG Electronics is betting on robotics as its next big growth driver. The South Korean electronics company said on Friday that it has agreed to acquire an additional 30% stake in Bear Robotics, a California-based startup it previously backed that is building AI-powered server robots for restaurants. The deal gives LG a majority ownership of