Why Samsung heir’s jailing will do little to dent its smartphone profits, in the short term at least
South Korean citizens watch coverage of the sentencing hearing for Samsung Electronics vice-chairman Lee Jae-yong in Seoul on Friday. Lee was jailed for five years after being convicted of bribery and other charges. Photo: Yonhap
Why Samsung heir’s jailing will do little to dent its smartphone profits, in the short term at least
Donald Kirk says while Lee Jae-yong’s prison term doesn’t signal the downfall of the thriving electronics giant, it may indicate the start of a long-term, gradual reform process for South Korean conglomerates
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South Korea
Updated: Friday, 20 Jul, 2018 2:55pm
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South Korean citizens watch coverage of the sentencing hearing for Samsung Electronics vice-chairman Lee Jae-yong in Seoul on Friday. Lee was jailed for five years after being convicted of bribery and other charges. Photo: Yonhap
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