South Korea

Samsung Boss Faces Arrest in Alleged $48M Bribery Scandal

South Korea’s independent counsel is seeking an arrest warrant for Jay Y. Lee, Samsung's Vice Chairman and heir apparent, for handing over around 43 billion won (almost $48 million CAD) to President Park Geun-Hye’s confidant Choi Soon-Sil in exchange for business favors and perjury for having denied the allegation during parliamentary testimony held in December...

Apple Set to Open Its First Retail Location in South Korea

Apple confirmed that it is planning on opening its first retail outlet it South Korea, the home turf of the company's primary competitor and rival Samsung, the Cupertino-based company said in a statement to Reuters on Friday. On Thursday, the American tech giant listed hiring notices on its website for 15 various positions.Roles include "Store...