Samsung chairman resigns

The chairman of Samsung, Lee Kun-hee, has stepped down from his post following his indictment on tax evasion charges. He's the son of the company's original founder. Vice Chairman Lee Hak-soo also resigned, as did Lee Jae-yong, the chairman's son, who is an executive at Samsung Electronics. [Sources: BusinessWeek.com; Korea Times; Independent.co.uk]