Seoul Court

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Jay Y Lee, the de facto leader of Samsung. Photograph: Seong Joon Cho/Bloomberg

The de facto leader of Samsung Group, Jay Y Lee, appeared before a South Korean court on Monday, awaiting a ruling on whether new allegations includin(...)

Former South Korean president Park Geun-hye (left) arrives for her trial at the Seoul Central District Court in Seoul in August 2017. File photograph: AP

South Korea’s disgraced ex-president Park Geun-hye has been sentenced to 24 years in prison and fined 18 billion won (€13.8 million) after a deep corr(...)

Samsung said its second-quarter net profit advanced 89 per cent on-year to set a new record of 11 trillion won or $9.8 billion  on the back of strong returns from its chip business

Samsung said a memory chip boom that propelled it to record profit in the second quarter is likely to continue in the third, just as revenue is widel(...)