Lee`s jail sentence casts cloud on Samsung`s business
(WorldNews Business)

Leadership vacuum may hamper investment decisions amid growing competition By Kim Bo-eun Samsung Electronics Vice Chairman Lee Jae-yong enters the Seoul High Court for a retrial hearing of a major bribery case involving him, Monday. / Yonhap The country`s largest conglomerate has hit a major setback after an appellate court handed a prison sentence of two-and-a-half years to Samsung Electronics Vice Chairman Lee Jae-yong in a re-hearing of a major bribery case, Monday. The court ruling puts the tech giant back into a leadership vacuum hampering major investment decisions in new businesses, which many expect will hurt the company`s global competitive edge Right after the ruling, the Korea...