Samsung chief Lee Jae-yong has been arrested on bribery charges

A court in South Korea has approved the arrest of Samsung Group’s Lee Jae-yong, the heir apparent to the world’s largest smartphone maker, on allegations of bribery, perjury, and embezzlement, reports Bloomberg. Lee had been held in a detention center following court hearings on claims that Samsung had provided up to 43 billion won ($38 million) in exchange for government favors, particularly around the merger of two Samsung affiliate units. The case was linked to the impeachment of