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Electronics

Samsung's Lee Kun-hee: 'One genius can feed 100,000 people'

Late chairman warned of lax quality and in-house conceit in creating global giant

Samsung Electronics Chairman Lee Kun-hee at the groundbreaking ceremony of a new semiconductor plant in Hwaseong, South Korea, in 2010. Lee said, "Existing businesses will disappear within 10 years" as he warned against in-house conceit.
KOTARO HOSOKAWA and KIM JAEWON, Nikkei staff writers | South Korea

SEOUL -- Lee Kun-hee, the charismatic leader of South Korea's biggest conglomerate Samsung who died on Sunday, occasionally resorted to strong and memorable words in displaying the leadership that propelled the group into a global giant.

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