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Samsung has appointed Jay Y. Lee, its longtime de facto leader, as executive chairman.
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Samsung Electronics has appointed Jay Y. Lee as the executive chairman to lead the world's largest smartphone and memory chipmaker, two months after the heir received a presidential pardon that erased
SEOUL — Samsung Electronics Co. saw profits slump as prices of memory chips, its main source of income, have plunged as the semiconductor industry goes through a downturn.

Samsung Names Jay Y. Lee as Executive Chairman

10:14pm, Wednesday, 26'th Oct 2022
Appointment comes a little more than two months after Lee was granted a presidential pardon for bribery, perjury and embezzlement.
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