⁍ Lee Kun-hee helped grow his father’s noodle trading business into a powerhouse.


⁍ He died with his family by his side, including his son, Samsung Electronics Vice Chairman Jay Y. Lee.


⁍ Lee is the latest second-generation leader of a South Korean family-controlled conglomerate to die.


– Lee Kun-hee, the 78-year-old chairman of Samsung Group, South Korea’s biggest conglomerate, has died after a six-year hospital stay for a heart attack. Lee, whose father founded the conglomerate as a noodle trading business, helped transform Samsung Electronics into the world’s biggest technology firm, Reuters reports. “Chairman Lee was a true visionary who transformed Samsung into the world-leading innovator and industrial powerhouse from a local business,” Samsung said in a statement. “His 1993 declaration of ‘New Management’ was the motivating driver of the company’s vision to deliver the best technology to help advance global society.”



Source: https://www.reuters.com/article/us-samsung-electronics-chairman/samsung-chairman-lee-kun-hee-head-of-south-koreas-biggest-conglomerate-dies-at-78-idUSKBN27A00T