Lee Kun-hee Dies: Transformative Samsung Electronics Chairman Was 78

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Lee Kun-hee, the chairman of Samsung Electronics who guided the corporation to becoming the world’s biggest producer of smartphones, televisions and memory chips, has died. He was 78. Lee died Sund…

Electronics who guided the corporation to becoming the world’s biggest producer of smartphones, televisions and memory chips, has died. He was 78.

Samsung, the biggest of South Korea’s family-run chaebol, has been led by his only son, Jay Y. Lee, since the heart attack.“Chairman Lee was a true visionary who transformed Samsung into the world-leading innovator and industrial powerhouse from a local business,” the company said. “His legacy will be everlasting.”

The Samsung makeover started in 1993 when Lee unveiled the Frankfurt Declaration, designed to transform Samsung from a second-tier television maker into an industry leader. The company’s new mission: create high-quality products, even if it meant lower sales. Lee graduated with a degree in economics from Waseda University in Tokyo, and also studied business administration in the US at George Washington University in Washington.

 

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I have no idea who this guy is ? Do you TheCBMCringe ?

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