Samsung Electronics total assets topped 300 tln won… grown 3-fold in 10 years

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The total assets of Samsung Electronics surpassed the 300 trillion won mark, or 270 billion U.S. dollars,… as of the end of last year,… thanks to a rise in investments and business growth.
Industry experts say it’s Samsung’s first time breaking the threshold since the tech giant’s establishment in 1969,… and represents a roughly 15 percent rise compared to the end of 2016.
The company’s assets have grown three-fold over the past decade.
On a slightly different note,… Samsung Group Chairman Lee Kun-hee is under suspicion of avoiding over seven-and-a-half million dollars in taxes by hiding funds in “borrowed-name” accounts under other executives’ names.

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