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Lee Kun-Hee, force behind Samsung’s rise, dies at 78

Y2kTheNewOldies

Y2kTheNewOldies

https://fox40.com/news/business/lee-kun-hee-force-behind-samsungs-rise-dies-at-78/

The Leader of Samsung is dead at 78

SEOUL, South Korea (AP) — Lee Kun-Hee, the ailing Samsung Electronics chairman who transformed the small television maker into a global giant of consumer electronics, has died. He was 78.

A Samsung statement said Lee died on Sunday with his family members, including his son and de facto company chief Lee Jae-yong, by his side.

Lee Kun-Hee had been hospitalized since May 2014 after suffering a heart attack and the younger Lee has run Samsung, the biggest company in South Korea.

The Samsung statement says “all of us at Samsung will cherish his memory and are grateful for the journey we shared with him.”
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Lee Kun-Lee is one of the players at Samsung that sparked a battle against Apple over the phone and tablets market in this past decade.
 
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