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LG and Samsung are among the best-known of South Korea's conglomerates, and their ongoing rivalry is just as famous. We take a look at their closely intertwined histories in part two of this series on chaebols.
But the head of sales and marketing for Samsung's mobile unit is leaving his role, says The Wall Street Journal.
Lee Kun-hee, 72, undergoes surgery after suffering from breathing difficulties that required him to be resuscitated.
The company has to ditch age-old business plans and ideas to remain competitive, Chairman Lee Kun-hee says.
Samsung's chairman reckons the company needs to focus more on software in the coming year, and to innovate more.
Samsung wants to be all things to all people. CNET's Shara Tibken went to South Korea to discover how it does just that.
Lee Kun-hee's relatives had been seeking nearly $4 billion in assets he holds in Samsung Group.
Samsung has moved former Chief Executive Officer Choi Gee-sung into a new role as head of Samsung Group Corporate Strategy.
Although the two companies have been fighting it out in the courts over patent claims, Samsung will still supply the A6 chip that Apple needs for the next iPhone, according to a report in The Korea Times.
This year, the market share of South Korean companies in the global solar cells business is expected nearly double to 4.7 percent versus a year ago.