onlinenewsngr
  • Home
  • News
  • Entertainment
  • Economy
  • Health
  • Education
  • Politics
FREE SUBSCRIPTION
No Result
View All Result
  • Home
  • News
  • Entertainment
  • Economy
  • Health
  • Education
  • Politics
No Result
View All Result
onlinenewsngr
No Result
View All Result

Samsung Electronics Chairman Lee Kun-hee Dies at 78

October 25, 2020
in News
Kindly share this post

Samsung Electronics chairman Lee Kun -hee , who transformed the South Korean firm into a global tech titan , died at the age of 78 on Sunday, the company said .

Under Lee ’ s leadership , Samsung rose to become the world’ s largest producer of smartphones and memory chips , and the firm ’ s overall turnover today is equivalent to a fifth of South Korea ’ s GDP .

Samsung’ s meteoric rise helped make Lee South Korea ’s richest and most powerful industrialist.
“ It is with great sadness that we announce the passing of Kun – hee Lee , Chairman of Samsung Electronics , ” the company said in a statement .

“ Chairman Lee passed away on October 25 with his family , including Vice Chairman Jay Y . Lee , by his side .

“ Chairman Lee was a true visionary who transformed Samsung into the world-leading innovator and industrial powerhouse from a local business , ” the firm said , adding : “ His legacy will be everlasting. ”

Samsung is by far the biggest of the family -controlled conglomerates , or chaebols , that dominate business in South Korea .

They drove the nation’ s transformation from a war – ravaged ruin to the world’ s 12 th – largest economy , but nowadays are accused of murky political ties and stifling competition — with Lee himself twice convicted of criminal offences , in one case bribing a president .


Kindly share this post
Tags: Samsung

Related Posts

Obasanjo

Ex-President Obasanjo distances self from land grab allegation

February 27, 2021
NDLEA

NDLEA seizes Tramadol capsules worth N50 million in Adamawa

February 27, 2021

Ganduje’s aide, Yakasai will rise politically, hero of democracy – Fayose

February 27, 2021

Insecurity: Buhari failed Nigerians – Arewa group

February 27, 2021

Guru Maharaj Ji calls for prosecution of Sheikh Gumi for negotiating with bandits

February 27, 2021

Armed robbers attack Oyo APC chairman’s residence, seize party’s vehicle

February 27, 2021

Latest

Ex-President Obasanjo distances self from land grab allegation

NDLEA seizes Tramadol capsules worth N50 million in Adamawa

EPL: How Chelsea will approach Man United clash – Thomas Tuchel

Ganduje’s aide, Yakasai will rise politically, hero of democracy – Fayose

Zamfara APC reacts to abduction of 300 schoolgirls, advises Gov. Matawalle

Insecurity: Buhari failed Nigerians – Arewa group

Prev Next

© 2019 onlinenewsngr

Navigate Site

  • About Us
  • Contact us
  • Privacy Policy
  • Sitemap
  • Advert Rates
  • Terms

Follow Us

No Result
View All Result
  • Advert Rates
  • Free Subscription
  • Home
  • News
  • Entertainment
  • Politics
  • Economy
  • Education
  • Health

© 2019 onlinenewsngr

onlinenewsngr