SEOUL – Samsung Electronics heir plus de facto head Lee Jae-yong was today (August 12) granted an usa president pardon in a problem case, lifting a legal cloud that has hung over his head since 2017.
Though Lee continues to be out of prison plus conducting executive responsibilities since last year, the top of South Korea’s national flagship company might, feasibly, wish he could take a reduced profile just now.
He is back around the front pages just like Korea Inc’s worst nightmare is becoming reveal: It is being forced in to choosing between key trade partner Tiongkok and strategic fically the United States.
Washington is seeking a choice from Seoul, within weeks, on whether or not to join the nascent “Chip 4” semiconductor alliance that would content together American, Japanese, South Korean plus Taiwanese chipmakers whilst deliberately excluding China.