Ailing Samsung Electronics chief Lee Kun-Hee dies

Samsung says Lee Kun-Hee, ailing chairman of Samsung Electronics, has died. A Samsung statement says Lee died on Sunday with his family members, including his son and de facto company chief Lee Jae-yong, by his side.

Lee Kun-Hee h been hospitalized for years and younger Lee has been in charge of company affairs. It says “all of us at Samsung will cherish his memory and are grateful for journey we shared with him.”

From a local business, Lee Kun-Hee h transformed Samsung into world-leing invator and industrial powerhouse. 

(Im Credits: AP)