Tech Update: Samsung Chairman Lee Kun died

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Lee Kun-hee, chairman of Samsung's fish and food trading company Samsung, the world's largest mobile and memory chips brand, has died at the age of eight. Lee Kun Hi's vision is responsible for Samsung's global identity. During its tenure, Samsung became a corporate conglomerate accounting for one-fifth of South Korea's total GDP.


During its tenure, Samsung became a corporate conglomerate accounting for one-fifth of South Korea's total GDP. Samsung's dominance in companies, including shipbuilding, has spread to such an extent that the people of South Korea are proud of their global brand and, on the other, are concerned about its dominance in various fields. Samsung dominates in sectors including electronics, cell phones, construction, shipbuilding, amusement parks. Samsung alone accounts for 90% of the total market mood in the South Korean capital market. According to Forbes estimates in 2013, his total assets are 12 billion.


Let me tell you that earlier in 2013, Lee Kun had a heart attack. After which he was bedridden for a long time. At the time of his death, his son and vice president of the company J.Y. Lee and other family members were present. In 1917, Lee took over the company from his father Lee Byung Chul. At that time, it was South Korea's largest exporter of fish and fruits. The company then relied on Japanese technology to produce TV sets.