FILE PHOTO: Samsung Group Chairman Lee Kun-hee reacts during a news conference regarding his resignation at the company's headquarters in Seoul April 22, 2008.REUTERS/Jo Yong-Hak/File PhotoSEOUL: Lee Kun-hee, who built Samsung Electronics into a global powerhouse in smartphones, semiconductors and televisions, died on Sunday after spending more than six years in hospital following a heart attack, the company said.
Lee's"innovative leadership and indomitable spirit should be highly regarded in any era and in any field," ruling party leader and former prime minister Lee Nak-yon wrote on Facebook."But it can't be denied that he reinforced chaebol-led economic structure and failed to recognise labour unions." The younger Lee served jail time for his role in a bribery scandal that triggered the impeachment of then-President Park Geun-hye. The case is on appeal. A separate trial on charges of accounting fraud and stock price manipulation kicked off this month.
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