Samsung Chairman Lee Kun-hee, Apple nemesis and the richest man in Korea, has suffered a serious heart attack, reports Fortune.
Kun-hee had to be resuscitated and undergo surgery following an acute myocardial infarction. He is said to be in stable condition at Samsung Medical Center.
Lee transformed Samsung from a manufacturer of low quality knock-offs into one of the world's leading manufacturers of everything from smartphones to ships. Apple has accused the company of copying its devices but still relies on it to manufacture various components of its mobile devices.
Fortune notes that Lee is also famous for his criminal record. Here are a few highlights they compiled:
● In 1996, Chairman Lee was one of nine South Korean businessmen charged and convicted of bribing former President Roh Tae Woo. Lee said the money was a gift. Four of the businessmen were sent to prison. Lee received a suspended sentence and, later, a presidential pardon. ● In a second high-profile case in 2008, Lee was cleared of bribery charges but convicted of tax evasion and financial wrongdoing. He was fined 110 billion won (nearly $100 million) and given a 3-year suspended jail term. A few months later he got his second presidential pardon. ● In 2010 Samsung's former chief legal counsel published a book called Think Samsung that claimed Lee stole up to 10 trillion won ($8.9 billion) from Samsung subsidiaries, destroyed evidence, and bribed government officials to ensure the smooth transfer of power to his son.
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Comments (14)
Comments are closed for this article.
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& - May 13, 2014 at 6:11pm
Karma is not ultimately a cause effect relationship. It is part of a larger way of life teaching that points us to see how our nature-mind patterns bring about impasses in our selves/ lives. If one does "good things" or "bad things" either outcome can occur as karma. The teaching espouses adherence to a divine way if life which ever way things roll though, so that we can evolve spiritually, or psycho-neurologically if that phase pleases a nihilist mind like urs.
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StewartG - May 12, 2014 at 5:58pm
What I meant is Samsung has issues and always will be copycat knockoff quality but the guy is a human being who is sick and it's not cool to make fun of that. He is not necessarily a bad man, just conducts shady business. Other people in history are evil. You're right about it not being karma though. Things happen to good and bad people alike.
1
StewartG - May 12, 2014 at 1:40pm
It's ok to point out business practices and product quality. It's also ok to point out they manufacture glorified knock offs. It's NOT ok to make fun of his failing health. Steve Jobs health failed and it had nothing to do with karma. We are humans and are imperfect machines. Ease off of that.
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rs4ever - May 12, 2014 at 4:01pm
Yes, there are some who are always like that and will never learn.
From Wiki - "Smack talk can also be used with bullying, whether that be face-to-face interaction, or cyber-bullying."
Anyone who talks like that are probably bullies.
0
John - May 11, 2014 at 10:29pm
Is it the same happened to SJ?
0
NewGuy - May 11, 2014 at 8:59pm
He needs a prototype iwatch and ios 8 to monitor his health
0
Guest - May 11, 2014 at 8:44pm
Guys.
Some of you don't like samsung,
I get it,
Specially if you are apple fan.
But keep in mind if wasn't for samsung,
Nobody could afford buy an iPhone.
No company could be apple competitor meaning monopoly for apple.
Apple could rise the price each year!
0
Imi - May 11, 2014 at 5:02pm
How come s health never told him that his heart beat is nit well i kneve it was a gimic now it proves hope the guy recovers in speed
0
Guest - May 11, 2014 at 5:01pm
You ought pray for him, not mock the guy. Without him Apple is nothing.
0
Guest - May 11, 2014 at 5:00pm
You terrible people. The man is in serious medical condition.
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Youdongho - May 11, 2014 at 5:18pm
If you run a company with its name on the hospital, it's IGNORANCE that is to blame for not checking on your health. NOT assumption that you are healthy. LIFE has no price when all the money in the world is not use to insure you are healthy.
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6italia0 - May 11, 2014 at 4:45pm
Says he's in stable condition at samsung medical center, but I don't think S-Health will hold up for very long just like their phone's charge ports, poor guy
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John - May 11, 2014 at 4:43pm
This guy is having major heart attack and here apple paid news talks about his history and criminal records.
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6italia0 - May 11, 2014 at 4:43pm
Says he transformed the company from a low quality knockoff company to what it is today...so....did they just forget to type in "to a high quality knockoff company"?