Samsung’s Jay Y. Lee’s Court Win Fuels Company’s Ambitions, Sharpens Nvidia Rivalry



Samsung Electronics Co (OTC:SSNLF), led by Executive Chairman Jay Y. Lee, achieved a significant legal victory when a Seoul court acquitted him of stock manipulation charges. 

This decision enables Lee to continue leading the conglomerate, the world’s largest manufacturer of memory chips and displays, amid a global downturn and increasing competition from Apple Inc (NASDAQ:AAPL) in smartphones and SK Hynix Inc in artificial intelligence. 

The Nvidia Corp (NASDAQ:NVDA) rival targets commercializing advanced 2-nm technology chips by 2025 and 1.4-nm chips by 2027.

The court’s ruling dismissed the threat of imprisonment that had loomed over Lee, a key figure in South Korea’s business landscape, for years, …

Full story available on


Leave a Reply

Your email address will not be published. Required fields are marked *