• Samsung's Stock Takes $17.6B Hit As Korea Scandal Continues

    8 days ago - By Android Headlines

    Samsung Group's market capitalization took a $17.64 billion hit on Friday as the domestic political scandal that led to the arrest of its Vice Chairman and heir apparent Jay Y. Lee continued, with the Blue House - South Korea's executive office and the President's official residence - releasing a number of controversial documents that were in the possession of the former administration led by the impeached President Park Geun-hye. The newly uncovered information gave more credence to allegations that the previous head of state was personally involved in a scheme to facilitate succession...
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