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Samsung chairman Lee Kun Hee hospitalised after heart attack

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By Jessica Davies | News Editor

May 11, 2014 | 1 min read

Samsung chairman Lee Kun Hee has been reported to be in stable condition after suffering a heart attack in the early hours of this morning, according to reports.

The 72-year old was rushed to hospital this morning where he underwent surgery for an acute myocardial infarction.

He was resuscitated and stabilised at Soonchunhyang University Hospital, according to a statement released by Samsung Group spokeswoman Rhee So Eui.

Lee took over the business in 1987 and has since then built it into Asia’s biggest technology company and the world’s largest maker of smartphones, TVs and memory chips.

Shares in the company have reportedly surged 137-fold since he became chairman in the place of the group’s founder - his father Lee Byung Chull.

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Samsung

Samsung is a South Korean multinational conglomerate headquartered in Samsung Town, Seoul. It comprises numerous affiliated businesses, most of them united under the Samsung brand, and is the largest South Korean chaebol.  

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