Ad Age Wake News about Samsung, Amazon, Walmart

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Ad Age Wake News about Samsung, Amazon, Walmart
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Good morning. Welcome to Ad Age's Wake-Up Call, our daily roundup of advertising, marketing and digital-related news. What people are talking about today: Samsung heir Jay Y. Lee has been convicted in South Korea on charges of bribery and embezzlement and sentenced to five years in prison. The case suggests that South Korea is starting to look more carefully at close ties between politicians and the family-run conglomerates that play a huge role in business there, as The Wall Street Journal reports . Mr. Lee, who is the company's de facto leader, has been behind bars since February in the case, which is linked to a scandal that ousted the country's previoUs President. So far the legal woes seems to have had little or no impact on Samsung's business, though: Sales were up 20% in the second quarter. This week the company unveiled its Galaxy Note 8, the successor to its explosion-prone Note 7.

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