A Seoul Central District Court acquitted Samsung Electronics Co. Executive Chairman Jay Y. Lee of stock manipulation charges. This lifts a weight off the word’s largest maker of memory chips and displays, which is struggling with a global downturn and a stiff challenge from Apple Inc. in smartphones and SK Hynix Inc. in the nascent field of AI. Yoolim Lee reports on Bloomberg Television.
You can find out more on this story here: https://www.bloomberg.com/news/articles/2024-02-05/samsung-s-lee-acquitted-in-succession-suit-in-win-for-chipmaker
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