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Thursday, December 3, 2020
Home Lifestyle Technology Samsung Electronics Chairman, Lee Kun-Hee dies aged 78

Samsung Electronics Chairman, Lee Kun-Hee dies aged 78

The chairman of Samsung Electronics, Lee Kun Hee has died at the age of 78. 

Lee Kun Hee took Samsung from a small television company into a giant global maker of consumer electronics.

Samsung announced the cause of his death but did not specify the cause of his death. In 2014, however, the chairman suffered a heart attack.

Samsung said in a statement:

“It is with great sadness that we announce the passing of Kun-hee Lee, Chairman of Samsung Electronics. 

“Chairman Lee passed away on October 25 with his family, including Vice Chairman Jay Y. Lee, by his side.

“Chairman Lee was a true visionary who transformed Samsung into the world-leading innovator and industrial powerhouse from a local business. His legacy will be everlasting.”

Lee inherited chairmanship of Samsung from his father in 1987. Then, he was a fish and fruit exporter.

Under Lee’s leadership, Samsung rose to become the world’s largest producer of smartphones and memory chips, and the firm’s overall turnover today is equivalent to a fifth of South Korea’s GDP.

Simbiat
Simbiat
Simbiat studied Computer Science at the University of Lagos. She enjoys doing research and spends most of her time reading. She can be contacted at simbiat@sidomexuniversal.com.

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