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A Samsung Eletronics announced on Sunday (25) the death of Lee Kun-hee, president of the company, at the age of 78. The cause of death has not been revealed.
Lee Kun-hee had been out of public life since 2014, when he suffered a heart attack that led to him being hospitalized.
The executive is said to be largely responsible for turning Samsung into one of the largest technology companies in the world, transforming the company from a manufacturer of cheap devices and appliances to a giant in the sector of smartphones, televisions and memory chips.
“President Lee was a true visionary who made Samsung the world leader in innovation and industrial powerhouse for a local company.“Samsung said in a statement.”Everyone at Samsung will cherish his memory and be grateful for the journey we shared with him.“
Son of Lee Byung-chul, founder of Samsung Group, Lee Kun-hee took over the company shortly after his father’s death in 1987, and he remained in office until 1998. From 1998 to 2008, Kun-hee served as Chairman and CEO Samsung executive. Electronics.
Despite the company’s visionary leadership, Lee Kun-hee found himself embroiled in problems with the South Korean judicial system, including allegations of bribery, tax evasion and embezzlement, in 1996 and 2008. The executive was convicted by the crimes, but pardoned twice.
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