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Samsung president Lee Kun-hee has passed away at the age of 78, the South Korean group announced.
“It is with great sadness that we announce the death of Li Kun Hee, President of Samsung Electronics”the group said. Lee, who turned the group into a global telecommunications giant, was in bed after having a heart attack in 2014.
He left his last breath with his family by his side, including Vice President Jay Lee, according to the announcement.
Lee turned his father’s noodle business into the largest corporate group in South Korea.
“President Lee was a true visionary who transformed Samsung from a local company to a world-leading innovative company and industrial superpower. The 1993 proclamation of ‘New Management’ was the driving force behind the company’s vision to deliver the best technology to help global society move forward. “Samsung said.
Source: Athens / Macedonia News Agency
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