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Breaking: Lee Jae-yong won’t be able to take over Samsung Management for five years
On August 9, 2021, the South Korean ministry of justice announced that after considering the national credit risk, global economy, and other conditions, it has decided to release Samsung Lee Jae-yong on parole. However, Lee is expected to be released from prison on August 13.
According to the info (via Yonhap), Lee won’t be able to return to his business post after his release because it is parole and not a pardon. Moreover, he will be restricted from employment for the next five years and won’t be able to take over Samsung’s management affairs even after his sentence ends in July 2022.
Meanwhile, the report suggests that if the company files an application regarding the suspension of this prevention, the Korean govt may lift the restrictions ahead of time. It’s reported that Samsung Lee has served 60% of his sentence and is rated as a “model prisoner” by the prison.
“The decision to grant [the] Samsung Electronics vice-chairman … parole was the result of a comprehensive review of various factors such as public sentiment and good behaviour during detention,” the ministry said in a statement on Monday.
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In 2016, Lee Jae-yong was involved in the bribery case of former South Korean President Park Geun-hye and was arrested on February 17, 2017.
He was accused of bribing an organization controlled by Park Geun-hye’s close friend Choi Soon-sil to ensure support for the merger of Samsung’s two subsidiaries and to consolidate his control of the Samsung Group.
South Korean prosecutors indicted 17 people, including Lee Jae-yong, for this scandal. The Seoul Central District Court subsequently sentenced Lee Jae-yong to five years in prison on charges of bribery, hiding assets overseas, and stealing public funds.
Samsung’s premium wireless earbuds making a comeback this year. Last year, the company didn’t launch premium earbuds, but brought the first pair of FE-branded Galaxy Buds. Samsung is expected to launch Galaxy Buds 3 Pro in the next Unpacked, which features a 500mAh battery case.
The Galaxy Buds 3 Pro case packs a 500mAh battery, first spotted by 91mobiles. The Buds 2 Pro also brings a charging case with a 500mAh battery. Apart from TUV certification, the product has also surfaced on India’s BIS certification site, confirming its imminent debut.
In particular, the upcoming Galaxy earbuds are listed with the model number EB-BR630ABY on TUV and BIS. Each earbud of the Galaxy Buds 2 features a 58mAh battery and Samsung might ship the Buds 3, at least, with the same battery capacity.
April is about to end and the next Unpacked will likely be held in mid-July this year. Samsung’s Buds 3 Pro may be unveiled alongside new foldables and wearables. In addition, the company may also release its first smart ring, the Galaxy Ring.
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Samsung launched a new 50W charging adapter (EP-T5020) with dual ports. The product is available in select European countries and we hope the company will soon bring it to more markets. As there’s no phone capable of charging over 45W speed, the 50W adapter is still worth buying.
The New Samsung 50W adapter brings dual ports, allowing users to charge two Galaxy phones at 25W simultaneously. When both ports are used, the adapter will distribute 25W each, making it easier to get two Galaxy devices charged at the same time.
To get 50W speed (USD PD PPS protocol), you need to use the first port, usable to charge Galaxy Book laptops. For additional convenience, the secondary port is capped at 25W charging speed. This means you are not required to charge two devices to get 25W output.
Galaxy S24 Ultra, S24 Plus, S23 Ultra, S23 Plus, and M55 5G are some Samsung devices that support 45W fast charging. Most Galaxy phones and tablets have 25W charging support, which is not much less than Samsung’s 45W brick.
While the availability is limited, the 50W brick can be owned for €69.90. Meanwhile, Samsung also sells 65W triple-port EP-T6530, which you can buy for Galaxy Book laptops. Future Galaxy flagships should bring even more faster charging tech, it’s a long-standing demand.
Image: Roland Quandt
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Samsung’s IT service unit will participate in this year’s Dell Technologies World event. Sungwoo Hwang, President and CEO of Samsung SDS, will give a keynote speech at DTW 2024. The event will also be attended by the CEO of NVIDIA Corp. and other industry giants.
Taking place in Las Vegas from May 20 to 23, DTW is an annual IT exhibition hosted by Dell Technologies Inc. On the first day, Samsung SDS’ Sungwoo will take the stage as a keynote speaker. He will speak on “The Future of Generative Artificial Intelligence (AI) and Hyperautomation.”
Apart from Samsung SDS CEO, Michael Dell, chairman of Dell Technologies, Bill McDermott, chairman of ServiceNow, and Jensen Huang, CEO of NVIDIA will also present the keynote speech at Dell Technologies World 2024 event.
Samsung SDS highlights that the term “Hyperautomation” refers to a technology that automates office tasks seamlessly through Generative AI. This is the first time that the South Korean tech giant is participating in the event as a keynote speaker.
“Hwang was invited by Dell to participate as a keynote speaker alongside industry giants,” a Samsung SDS official said. ”We therefore expect various business discussions to take place.“
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