ECONOMIC NEWS
Ailing Samsung Electronics chief Lee Kun-Hee dies
Samsung says Lee Kun-Hee, the ailing chairman of Samsung Electronics, has diedByThe Associated PressOctober 25, 2020, 1:21 AM• 1 min readShare to FacebookShare to TwitterEmail this articleSEOUL, South Korea — Samsung says Lee Kun-Hee, the ailing chairman of Samsung Electronics, has died.A Samsung statement says 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 for years and the younger Lee has been in charge of company affairs.It says “all of us at Samsung will cherish his memory and are grateful for the journey we shared with him.”From a local business, Lee Kun-Hee had transformed Samsung into the world-leading innovator and industrial powerhouse.
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