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Samsung Elec says its board chairman offers to resign

Samsung Elec says its board chairman offers to resign

Friday, February 14, 2020, 1:47 PM

Samsung Electronics said on Friday that Lee Sang-hoon, the chairman of its board, had offered to resign, without elaborating on a reason. In a statement, the company said the board planned to appoint a new chairman in the near future. In December, a South Korean court had sentenced Lee to 1-1/2-years in jail for sabotaging legitimate union activities.
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