Economics
What Comes Next for Korea’s Top Firms After Samsung Heir’s Conviction
- Lee’s jail sentence could ease political pressure on chaebol
- Samsung chief convicted of bribing former Korean president
Samsung's Lee Jailed for 5 Years
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Though the downfall of the man heading Samsung Group, South Korea’s most powerful conglomerate, may seem an ominous omen for the country’s family-run business empires, the jailing of billionaire Jay Y. Lee could end up offering some relief to chaebol dynasties.