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Al Jazeera
Al Jazeera
Business
Steven Borowiec

Samsung pardon exposes Koreans’ love-hate feelings for tycoons

Lee Jae-yong, the de facto leader of Samsung, is the latest South Korean business tycoon to receive a presidential pardon [File: Chung Sung-Jun/Reuters]

Seoul, South Korea – When US President Joe Biden visited South Korea in May, his first stop was a massive Samsung Electronics semiconductor plant south of Seoul.

Acting as Biden’s tour guide was Lee Jae-yong, the de facto leader of Samsung, South Korea’s largest conglomerate, which has ramped up production of the chips in recent years to maintain an edge in the fiercely competitive sector.

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