While in prison, Lee might be not able to make significant choices for Samsung at an essential time when need for its memory chips and other items are sky high. Korea and Samsung in specific have actually obtained more prominence of late since of rocky US/China relations.
In the trial’s last hearing, Lee made a prolonged apology and assured to make a “brand-new Samsung,” and “repair what the court has actually mentioned as the damages of chaebol [family-owned conglomerate],”he said He likewise promised not to pass power to his kids.
The sentence was based in part on the court’s examination of an independent compliance committee established by Samsung to keep an eye on misbehavior by executives. Lee’s legal troubles aren’t over yet, as he’s likewise on trial for supposed scams and stock adjustment. He’s still anticipated to end up being chairman of Samsung when he goes totally free, following the death of his daddy Lee Kun-hee late last year.
