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Samsung chairman Lee Kun-hee dies after lengthy sickness

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Seoul (CNN)Lee Kun-hee, the chairman of South Korean electronics large Samsung, died Sunday on the age of 78, the corporate mentioned. He had been comatose since struggling a coronary heart assault in 2014.

“Chairman Lee was a real visionary who reworked Samsung into the world-leading innovator and industrial powerhouse from a neighborhood enterprise,” Samsung mentioned in a press release. “All of us at Samsung will cherish his reminiscence and are grateful for the journey we shared with him.”

Lee’s son, Jay Y. Lee, has led the corporate since changing into Vice Chairman in 2012 and is anticipated to inherit his father’s title.

    Lee is at the moment topic to additional court docket proceedings for alleged corporate malfeasance.

    It is a creating story, extra to return.

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