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Samsung Electronics says its board chairman offers to resign

Samsung Electronics says its board chairman offers to resign
# 14 February 2020 10:28 (UTC +04:00)

Samsung Electronics (005930.KS) said on Friday that Lee Sang-hoon, the chairman of its board, had offered to resign, without elaborating on a reason, APA reports citing Reuters.

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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