Techlife News - USA (2020-10-31)

(Antfer) #1

The flood of obituaries for Samsung Electronics
Chairman Lee Kun-Hee since his death over the
weekend have mostly shared his most defining
quote: “Change everything except for your wife
and children.”


Lee’s rant against what he saw as complacency
during a senior management meeting in 1993
reflects the demanding leadership that helped
the company grow from an obscure maker of
cheap televisions into a technology giant.


Questions loom over what’s next as Samsung,
South Korea’s largest company by far, begins
an era led by Lee’s son and corporate heir,
Lee Jae-yong.


The younger Lee has been calling the shots
since his father suffered a heart attack in 2014.
He now faces immense pressure to navigate
Samsung’s transition beyond its core hardware
business into increasingly diverse technologies
and services.


SAMSUNG REPORTS RECORD SALES AMID QUESTIONS ABOUT FUTURE
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