Samsung vice chair receives 30-month prison in bribery trial

A South Korean court sentenced Samsung Electronics vice-chairperson Jay Y Lee to two and a half years in prison, the court said on Monday, which will have major ramifications for his leadership of the tech giant as well as Korea's views toward big business.

With this, Lee will be sidelined from major decision making at Samsung Electronics as it strives to overtake competitors, and from overseeing the process of inheritance from his father, who died in October, crucial to keeping control of Samsung...