STORY: Samsung Electronics shares jumped Monday (July 28) on news of a big deal to make chips for Tesla.Elon Musk says his EV firm has signed a $16.5 billion contract for the supply of semiconductors.

Ten years after a merger within the Samsung Group, which Lee Jae-yong is alleged to have manipulated to his advantage, he has been acquitted of all charges.

The Supreme Court acquitted Samsung Electronics Chairman Lee Jae-yong of all charges related to the 2015 merger of two Samsung affiliates.

Samsung Electronics Chair Lee Jae-yong was acquitted by South Korea’s Supreme Court on Thursday, ending a five-year legal battle over charges related to a 2015 merger between Samsung affiliates that prosecutors alleged was designed to cement his control over the country’s largest conglomerate.

Samsung Electronics on Wednesday announced that it would acquire all shares of German-based FläktGroup, a leading heating and cooling solutions provider, for 1.5 billion euros.

Samsung Biologics, the biopharmaceutical arm of Samsung Group, said on May 26 it had secured two contract manufacturing deals worth a combined 4.4 trillion won ($320 million) with European and ...

The South Korean Supreme Court’s ruling dispels uncertainty​ over Lee Jae-yong’s leadership as the tech giant faces challenges from tariffs and chip making rivals.