Lee Jae-yong

South Korea

2026-08-24 08:46:47

Lee Jae-myung may meet Samsung Chairman Lee Jae-yong this week over Korea’s semiconductor and AI projects

South Korean President Lee Jae-myung may meet Samsung Electronics Chairman Lee Jae-yong this week, according to local sources cited Monday, with talks expected to center on three large-scale national projects tied to semiconductors and artificial intelligence. The report comes only days after Lee met SK Group Chairman Chey Tae-won. The same sources said Lee could also hold a meeting this week with Hyundai Motor Group Executive Chair Chung Euisun. The timing has drawn attention as speculation builds over whether the United States is pressing South Korea to expand investment in the U.S. semiconductor sector in line with Seoul’s prior investment pledges. Still, South Korea’s Minister of Trade, Industry and Energy Kim Jung-kwan had earlier said that Seoul has not held talks with Washington on the matter. The meetings remain prospective, based on comments from unnamed South Korean sources carried in the report.

1160

South Korea

2026-08-14 11:43:19

South Korean chaebol pay filings show Lee Jae-yong again took no salary from Samsung

Regulatory filings in South Korea disclosed first-half compensation for several major chaebol leaders, showing that Samsung Electronics Chairman Lee Jae-yong again received no salary from the company. The arrangement has continued since 2017, according to the filing details cited in the report. Among the executives listed, Doosan Group Chairman Park Jeong-won posted the highest first-half compensation at 45.58 billion won, or about 218 million yuan. SK Group Chairman Chey Tae-won received 1.75 billion won from holding company SK Inc., while Hanwha Group Chairman Kim Seung-youn received 11.58 billion won and Lotte Group Chairman Shin Dong-bin received 11.2 billion won. LG Group Chairman Koo Kwang-mo was paid 4.83 billion won. Hyundai Motor Group Executive Chair Euisun Chung received separate payments from Hyundai Motor, Kia and Hyundai Mobis, with the filing listing 2.25 billion won, 1.35 billion won and 900 million won respectively.

1420

Samsung

2026-07-22 17:25:13

Bloomberg: AI Chip Boom Lifts Samsung Family Wealth to $45.5 Billion

Bloomberg said the Lee family’s wealth climbed from $20.1 billion to $45.5 billion in a year as AI data-center demand boosted HBM and Samsung shares, easing pressure from inheritance taxes.

500