SEOUL – Samsung Electronics chairman Lee Kun-hee died at the age of 78 on Sunday, the company said.
Lee, who turned the South Korean firm into a global tech giant, was left bedridden by a heart attack in 2014.
“It is with great sadness that we announce the passing of Kun-hee Lee, Chairman of Samsung Electronics,” the company said in a statement.
“Chairman Lee passed away on October 25 with his family, including Vice Chairman Jay Y. Lee, by his side.”
“Chairman Lee was a true visionary who transformed Samsung into the world-leading innovator and industrial powerhouse from a local business,” the firm said, adding: “His legacy will be everlasting.”
Samsung is by far the biggest of the family-controlled conglomerates, or chaebols, that…