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Lee Kun-hee of Samsung passes away

Date: 26 October 2020 Tags: Obituaries
  • Samsung Electronics chairman Lee Kun-hee died at the age of 78. Lee was left bedridden by a heart attack in 2014.
  • Samsung is by far the biggest of the family-controlled conglomerates, or chaebols, that dominate business in South Korea, the world's 12th-largest economy.
  • The company's overall turnover is equivalent to a fifth of the nation's gross domestic product, making it crucial to South Korea's economic health.