( Yonhap ) A court ’ s rejection of the prosecution ’ s request to arrest Samsung Electronics Vice Chairman Lee Jae - yong on Tuesday , appears to have temporarily cleared uncertainties surrounding the chip giant ’ s operations , a local brokerage said in a report . The de facto heir to the Samsung empire was released early morning after the Seoul Central District Court ’ s decision to try Lee without arresting him , citing insufficient probable cause . “ As Lee avoided arrest , he is expected to provide institutional strategies to reform corporate governance structure and strengthen management transparency , and focus on improving the company ’ s value , ” said Kim Dong - won , an analyst at KB Securities . He also forecast that Lee will push for active mergers and acquisitions as Samsung Electronics held about 97 . 5 trillion won ( $ 81 . 4 billion ) cash reserves as of the first quarter of this year . The tech giant ’ s business outcome in the second half of this year is further anticipated to improve following better - than - expected demand for semiconductors , displays , electronic appliances and cellphones in the third quarter , according to Kim . As Lee avoided the worst - case scenario of going behind bars again , Samsung Electronics ’ shares traded up 1 . 09 percent higher to close at 55 , 500 won . Meanwhile , the stock prices of the nation ’ s largest conglomerate ’ s financial firms had mixed fortunes during the trading session . While Samsung Fire & Marine Insurance gained 0 . 25 percent , shares of Samsung Card and Samsung Life Insurance shed 1 . 46 percent and 0 . 59 percent , respectively . By Jie Ye - eun ( yeeun @ heraldcorp . com ) [ 네이버 에서 코리아 헤럴드 구독 ] ▶ KH Podcast    ▶ KH Video <ⓒ KoreaHerald ( www . koreaherald . com ) 무단 전재 및 재 배포 금지 >