HMC Investment Securities

Samsung Electronics Expects Q1 Profits To Jump

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Embattled Samsung Electronics said Friday it expects profits to jump by half in the first quarter, despite a smartphone recall fiasco and the arrest of its de facto head. The forecast will come as welcome news to the South Korean giant after a torrid period in which it had to ditch its flagship Galaxy Note … Read more

Billionaire Samsung Heir Arrested In $40m Corruption Probe

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The billionaire South Korean heir to the Samsung empire has been arrested over $40million bribery claims – and is being held in prison, it has emerged. Lee Jae-Yong, who normally lives in a $4million mansion in the capital Seoul, is being held in a cell with a mattress on the floor after being detained on … Read more