Samsung Electronics in a statement on Sunday announced that the chairman of Samsung Electronics, Lee Kun-hee, died at the age of 78 after being left bedridden by a heart attack in 2014.
Lee was responsible for turning Samsung Electronics into a global tech giant that we know as of today. It was under his leadership that Samsung rose to become the world’s largest producer of smartphones and memory chips, with overall turnover equivalent to a fifth of South Korea’s GDP.
Lee was known to have a reclusive lifestyle and very little information was revealed from his final days. His son, the Samsung Electronics vice-chairman, Lee Jae-yong, has been at the helm of the company since 2014. The son was jailed for five years in 2017 after being found guilty of bribery and other offences linked to former president Park Geun-hye.