On October 25, Samsung Group announced that Samsung’s long-time chairman, Lee Kun-hee, died at 78, with family by his side.
While the company has not confirmed the exact cause of death, Lee has had a long history of heart problems. Notably, he had to be hospitalized for years after experiencing a heart attack in 2014.
As Samsung chairman since 1987, Lee led the company in its meteoric rise to becoming a global powerhouse. During his tenure, Samsung heavily invested in R&D and changed its entire product line. From the 1980s to the early 2000s, the company transitioned from being an affordable TV and appliance brand to being one of the top manufacturers in semiconductors and display technologies.
From then on, Samsung has been recognized as a leading brand across multiple industry verticals. Most notably, the company has been the world’s largest phone manufacturer, with wildly…