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Judge Sends Samsung CEO Back to Prison for 2½ Years

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Samsung vice chairman Jay Y. Lee
[Photo: AP]

Who Will Run the Company with Lee Incarcerated?

On Monday, Samsung Electronics Vice Chairman Lee Jae-yong – also known as JY Lee, J. Y. Lee or Jay Y. Lee – was sentenced to 2½ years in prison for his role in a bribery and embezzlement scheme to influence the President of South Korea in order to increase his share and power in the company. This development is big news in Korea. Samsung Electronics, part of the Samsung family of companies that is the largest conglomerate in South Korea, by itself represents almost 20% of the entire value of all exports from Korea.

See this sensational Samsung…ah…stuff!

[Read more…] about Judge Sends Samsung CEO Back to Prison for 2½ Years

Samsung Makes a Strategic Investment into an IoT Security Company

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Samsung logoSamsung Electronics has made another major investment in the Internet of Things (IoT) space, becoming an early stage Series A investor in Bayshore Networks. The company made the investment via its Samsung NEXT Venture fund, an investment fund created by the company to find and take positions in companies that are driving businesses that will yield future profits for the company.

Who is Bayshore Networks and why did Samsung invest in them?… [Read more…] about Samsung Makes a Strategic Investment into an IoT Security Company

With Company Leader Incapacitated and Heir-Apparent Arrested: Who’s In Charge at Samsung?

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Samsung's Vice Chairman LeeAfter several years of non-stop success, Samsung has had a bit of a tough run lately. From exploding smartphone batteries to self-destructing washing machines to the arrest of the company’s Vice Chairman and heir-apparant…it’s been a challenging time, to say the least. But with the company Chairman Lee Kun-hee incapacitated due to failing health and his son, the Vice Chairman, now in police custody – the company’s biggest problem is a lack of leadership at the helm.

See how Samsung is addressing their leadership gap as a result of recent police action… [Read more…] about With Company Leader Incapacitated and Heir-Apparent Arrested: Who’s In Charge at Samsung?

Thanks Boys, We’ll Take It From Here; LG Says It’s Solved OLED Production Issue

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LG intros 55" OLED at CES 2012
LG introduces 55″ OLED at CES 2012

Just days after two major promoters of OLED, Samsung Electronics and Sony Corp., announced a pullback of their support due to serious production difficulties causing low panel yields and low profitability – word comes out of South Korea that LG Electronics has solved the puzzle on how to profitably produce OLED panels. And while their competitors are shifting their efforts back to 4k Ultra HD LCD TVs, LG is ready to ramp up a major commitment to OLED.

This could be good news indeed for fans of OLED technology…How did LG do it?… [Read more…] about Thanks Boys, We’ll Take It From Here; LG Says It’s Solved OLED Production Issue

Samsung Cuts Investment in OLED

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Photo of model with Samsung OLED TVIn a move that is likely to signify a tipping point in the industry’s adoption of OLED technology, Samsung Electronics is dropping plans to build a new factory that was supposed to help it scale manufacturing of the nascent technology, driving production volumes and lowering cost. But as we’ve reported before, manufacturing OLED…well, it’s just not easy.

See more on this surprising decision by one of OLED’s most vocal supporters… [Read more…] about Samsung Cuts Investment in OLED

HDBaseT Announces at CES 2013 That Onkyo & Pioneer Have Joined Alliance

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Logo for HDBaseTThe HDBaseT Alliance, a consortium of companies developing and supporting a connectivity technology that is viewed by many as an alternative to HDMI, announced at CES 2013 that it continues to build its membership. Consumer A/V brands Onkyo and Pioneer have both joined the group and are expected to add the technology in their products in the near future.

See more on this increasingly powerful consortium… [Read more…] about HDBaseT Announces at CES 2013 That Onkyo & Pioneer Have Joined Alliance