Featured Articles

IHS teardown reveals Galaxy S5 BOM

IHS teardown reveals Galaxy S5 BOM

Research firm IHS got hold of Samsung’s new flagship smartphone and took it apart to the last bolt to figure out…

More...
Galaxy S5, HTC One M8 available selling well

Galaxy S5, HTC One M8 available selling well

Samsung’s Galaxy S5 has finally gone on sale and it can be yours for €699, which is quite a lot of…

More...
Intel lists Haswell refresh parts

Intel lists Haswell refresh parts

Intel has added a load of Haswell refresh parts to its official price list and there really aren’t any surprises to…

More...
Respawn confirms Titanfall DLC for May

Respawn confirms Titanfall DLC for May

During his appearance at PAX East panel and confirmed on Twitter, Titanfall developer Respawn confirmed that the first DLC pack for…

More...
KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 gained a lot of overclocking experience with the GTX 780 Hall of Fame (HOF), which we had a chance to…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Thursday, 09 June 2011 10:41

Samsung goes on anti-corruption attack

Written by Nick Farell
samsung_logo

Cleans its own house
Samsung has had enough of corruption in South Korea and has decided to go on the attack, first getting its own house in order.

Lee Kun-Hee, chairman of Samsung Electronics, said that an inspection of a group subsidiary found unspecified irregularities which led to the resignation of Oh Chang-Suk of Samsung Techwin, a defence and precision machinery unit. He was replaced by Samsung Electronics executive vice president Kim Cheol-Kyo.

Lee said that corruption and fraud at Samsung Techwin came to light only accidentally but I think it has spread throughout the whole group. He said that this was a growing source of concern for him and he is going to tackle it.

According to Yonhap news agency corruption in the group included taking bribes and hospitality from suppliers. However there was also pressure on junior staff to commit corrupt acts.

Lee called for appropriate penalties against wrongdoers and ordered executives to strengthen the auditing team.


Nick Farell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

Comments  

 
+24 #1 Jigar 2011-06-09 11:44
I thought this was normal, go ask Intel.

EDIT: On second thought this wrong doers need not worry, they should get a job in Intel as they will be happy to hire experienced staff.
 

To be able to post comments please log-in with Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments