Lee Jae

A South Korean court acquitted Samsung Electronics chief Lee Jae-yong on Monday of a raft of crimes linked to a controversial 2015 merger, Lee's lawyers said.

South Korean opposition leader Lee Jae-myung was recovering in intensive care after he was stabbed in the neck on Tuesday by a man who pushed through a crowd pretending to be his supporter, his party said.

Lee was surrounded by journalists when a man lunged and struck him on the left side of his neck, Busan police official Son Je-han said at a press briefing.

South Korean opposition party leader Lee Jae-myung was stabbed in the neck on Tuesday while talking to reporters in the port city of Busan.

Lee was walking in a crowd of journalists after visiting the site of a new airport when a man in front of him lunged and struck him in the neck, footage on South Korean television channels showed.

The heir and de facto leader of Samsung group received a presidential pardon on Aug. 12, the latest example of South Korea's long tradition of freeing business leaders convicted of corruption on economic grounds.    

SEOUL, South Korea (AP) — Samsung Electronics plans to spend $22 billion over the next three years on artificial intelligence, auto components and other future businesses as the company maps out its strategy under the restored leadership of Vice Chairman Lee Jae-yong after he was freed from prison.