Lee Kun-hee, the chairman of\nSouth Korean electronics giant Samsung, died Sunday at the age of 78, the\ncompany said. He had been comatose since suffering a heart attack in 2014.<\/p>\n\n\n\n
“Chairman Lee was a true\nvisionary who transformed Samsung into the world-leading innovator and\nindustrial powerhouse from a local business,” Samsung said in a statement.\n“All of us at Samsung will cherish his memory and are grateful for the\njourney we shared with him.”<\/p>\n\n\n\n
Lee’s son, Jay Y. Lee, has led\nthe company since becoming Vice Chairman in 2012 and is expected to inherit his\nfather’s title.<\/p>\n\n\n\n
The younger Lee previously spent\ntime in jail after being convicted of bribing disgraced former South Korean\nPresident Park Geun-hye, who was herself jailed in 2018.<\/p>\n\n\n\n
Lee is currently subject to\nfurther court proceedings for alleged corporate malfeasance.<\/p>\n\n\n\n
This is a developing story, more to come \u000e<\/p>\n","protected":false},"excerpt":{"rendered":"
Lee Kun-hee, the chairman of South Korean electronics giant Samsung, died Sunday at the age of 78, the company said. He had been comatose since suffering a heart attack in…<\/p>\n","protected":false},"author":2,"featured_media":146943,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.citypeopleonline.com\/wp-content\/uploads\/2020\/10\/sss.jpg?fit=1280%2C952&ssl=1","jetpack-related-posts":[{"id":61613,"url":"https:\/\/www.citypeopleonline.com\/former-south-korea-leadersentenced-to-15-years-in-corruption-case\/","url_meta":{"origin":146942,"position":0},"title":"Former South Korea leader,sentenced to 15 years in corruption case.","author":"Igbokwe John","date":"October 5, 2018","format":false,"excerpt":"South Korea \u2014 Former South Korean President Lee Myung-bak was convicted and sentenced to 15 years in prison Friday in a corruption case that has badly tainted his status as the country\u2019s first leader with a business background who once symbolized the country\u2019s economic rise. 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