SEOUL -- Imprisoned Samsung Electronics Vice Chairman Lee Jae-yong has strengthened his grip on South Korea's largest conglomerate after inheriting half of his late father's stake in Samsung Life Insurance, the largest shareholder in the world's biggest manufacturer of smartphones and memory chips.
Technology
Samsung heir strengthens control in conglomerate with inheritance
Samsung Life jumps 4% as Lee Jae-yong inherits half of father's stake
Samsung is South Korea's biggest and most powerful family-run conglomerate. © Reuters
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