Lee Jae-Yong, the de-facto head of Samsung Electronics, was found guilty last week of bribing South Korea's ousted president Park Geun-Hye and sentenced to five years in prison.
The official website of the Seoul Central District Court showed that Lee's lawyer Kim Jong-Hoon filed an appeal today but gave no further details.
Prosecutors have also said they will appeal the court ruling -- to seek a harsher punishment for Lee.
But another Samsung Electronics vice chairman, Kwon Oh- Hyun, called the situation "regrettable" in a statement to employees of the world's biggest smartphone maker, the Yonhap news agency reported.
"We should all steadily wait until the truth is revealed," it cited him as saying, urging them to "gather power and wisdom to overcome the unprecedented challenge".
South Korea's media have divided over the unprecedented imprisonment of the country's most powerful tycoon, with some newspapers condemning the ruling and others accusing their rivals of "kneeling" before the rich.
Samsung is by far the biggest of the chaebols, as the family-controlled conglomerates that dominate Asia's fourth- largest economy are known, with its revenues equivalent to around a fifth of the country's GDP.
The JoongAng Daily, a company with close family ties to the Samsung Group, said in an editorial that an appeal by Lee would have "a good case".
The country's top-selling Chosun Ilbo daily, which is conservative in outlook, added: "The company faced retaliation if it rejected the president's request and faced punishment for bribery if it gave in."
Samsung was the first South Korean company emerge as a top global firm and it would be "worrisome" if the verdict proved "a negative turning point" for it, the paper said, unable to make key business decisions for years with its leader in jail.
The Hankyoreh paper expressed concerns about the "amicable attitude towards Lee and Samsung" from "conservative media and business papers".
Their argument that evidence was lacking, it said, was "irrational", adding: "It is hoped they will no longer ask to become the press that kneeled before the chaebol.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
