ElectronicsMarket

Samsung's Lee Jae-Yong Acquitted: A Major Legal Victory for the Tech Giant's Heir

2 months ago

In a significant turn of events, Lee Jae-Yong, the vice chairman and de facto leader of Samsung Electronics, has successfully won an appeal that clears him of previous corruption charges. This ruling not only marks a pivotal moment in his ongoing legal battles but also signals a considerable victory for Samsung as it navigates through various challenges in the global tech landscape.

LG Plans $15 Billion Valuation for India Unit IPO Amid Growing Market Demand

4 months ago

LG Electronics, the South Korean multinational conglomerate, is reportedly preparing for a significant initial public offering (IPO) of its Indian subsidiary that could value the unit at up to $15 billion. This strategic move highlights LG's commitment to expanding its operations in one of the world's fastest-growing consumer markets. With the IPO, LG aims to capitalize on the burgeoning demand for electronic goods in India, where the market has shown remarkable resilience and growth potential.