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Lee Kun-hee, the ailing Samsung Electronics chairman who transformed the small television maker into a global giant of consumer electronics, has died. He was 78.A Samsung statement said Lee died Sunday with his family members, including his son and de facto company chief Lee Jae-yong, by his side.Lee Kun-hee had been hospitalized since May 2014 after suffering a heart attack, and the younger Lee has run Samsung, the biggest company in South Korea.“All of us at Samsung will cherish his memory and are grateful for the journey we shared with him,” the Samsung statement said. “Our deepest sympathies are with his family, relatives and those nearest. His legacy will be everlasting.”Lee Kun-hee inherited control from his father and during his nearly 30 years of leadership, Samsung Electronics Co. became a global brand and the world’s largest maker of smartphones, televisions and memory chips. Samsung sells Galaxy phones while also making the screens and microchips that power its rivals, Apple’s iPhones and Google Android phones.Samsung helped make the nation’s economy, Asia’s fourth largest. Its businesses encompass shipbuilding, life insurance, construction, hotels, amusement park operation and more. Samsung Electronics alone accounts for 20% of the market capital on South Korea’s main stock market.Lee leaves behind immense wealth, with Forbes estimating his fortune at $16 billion as of January 2017.His death comes during a complex time for Samsung.A stern, terse leaderWhen he was hospitalized, Samsung’s once-lucrative mobile business faced threats from upstart makers in China and other emerging markets. Pressure was high to innovate its traditionally strong hardware business, to reform a stifling hierarchical culture and to improve its corporate governance and transparency.Samsung was ensnared in the 2016-17 corruption scandal that led to then-President Park Geun-hye’s impeachment and imprisonment. Its executives, including the younger Lee, were investigated by prosecutors who believed Samsung executives bribed Park to secure the government’s backing for a smooth leadership transition from father to son.In a previous scandal, Lee Kun-hee was convicted in 2008 for illegal share dealings, tax evasion and bribery designed to pass his wealth and corporate control to his three children.The late Lee was a stern, terse leader who focused on big-picture strategies, leaving details and daily management to executives.His near-absolute authority allowed the company to make bold decisions in the fast-changing technology industry, such as shelling out billions to build new production lines for memory chips and display panels even as the 2008 global financial crisis unfolded.Those risky moves fueled Samsung’s rise.Lee was born Jan. 9, 1942, in the southeastern city of Daegu during Japan’s colonial rule of the Korean Peninsula. His father Lee Byung-chull had founded an export business there in 1938 and following the 1950-53 Korean War, he rebuilt the company into an electronics and home appliance manufacturer and the country’s first major trading company.Lee Byung-chull was often called one of the fathers of modern industrial South Korea. Lee Kun-hee was the third son and his inheritance of his father’s businesses bucked the tradition of family wealth going to the eldest. One of Lee Kun-hee’s brothers sued for a bigger part of Samsung but lost the case.When Lee Kun-hee inherited control from his father in 1987, Samsung was relying on Japanese technology to produce TVs and was making its first steps into exporting microwaves and refrigerators.The company was expanding its semiconductor factories after entering the business in 1974 by acquiring a near-bankrupt firm.‘Let’s change everything’A decisive moment came in 1993. Lee Kun-hee made sweeping changes to Samsung after a two-month trip abroad convinced him the company needed to improve the quality of its products.In a speech to Samsung executives, he famously urged, “Let’s change everything except our wives and children.”Not all his moves succeeded.A notable failure was the group’s expansion into the auto industry in the 1990s, in part driven by Lee Kun-hee’s passion for luxury cars. Samsung later sold near-bankrupt Samsung Motor to Renault. The company also was frequently criticized for disrespecting labor rights. Cancer cases among workers at its semiconductor factories were ignored for years.In 2020, Lee Jae-yong declared heredity transfers at Samsung would end, promising the management rights he inherited wouldn’t pass to his children. He also said Samsung would stop suppressing employee attempts to organize unions, although labor activists questioned his sincerity.South Koreans are both proud of Samsung’s global success and concerned the company and Lee family are above the law and influence over almost every corner of society.Critics particularly note how Lee Kun-hee’s only son gained immense wealth through unlisted shares of Samsung firms that later went public.In 2007, a former company lawyer accused Samsung of wrongdoing in a book that became a best seller in South Korea. Lee Kun-hee was subsequently indicted on tax evasion and other charges.Lee resigned as chairman of Samsung Electronics and was convicted and sentenced to a suspended three-year prison term. He received a presidential pardon in 2009 and returned to Samsung’s management in 2010.
A U.S. judge in San Francisco on Friday rejected a Justice Department request to reverse a decision that allowed Apple Inc. and Alphabet Inc.’s Google to continue to offer Chinese-owned WeChat for download in U.S. app stores.U.S. Magistrate Judge Laurel Beeler said the government’s new evidence did not change her opinion about the Tencent app. As it has with Chinese video app TikTok, the Justice Department has argued WeChat threatens national security.WeChat has an average of 19 million daily active users in the United States. It is popular among Chinese students, Americans living in China and Americans who have personal or business relationships in China.WeChat is an all-in-one mobile app that combines services similar to Facebook, WhatsApp, Instagram and Venmo. The app is an essential part of daily life for many in China and boasts more than 1 billion users.The Justice Department has appealed Beeler’s decision permitting the continued use of the Chinese mobile app to the Ninth Circuit U.S. Court of Appeals, but no ruling is likely before December.In a suit brought by WeChat users, Beeler last month blocked a U.S. Commerce Department order set to take effect September 20 that would have required the app to be removed from U.S. app stores.The Commerce Department order would also bar other U.S. transactions with WeChat, potentially making the app unusable in the United States.”The record does not support the conclusion that the government has ‘narrowly tailored’ the prohibited transactions to protect its national-security interests,” Beeler wrote on Friday.She said the evidence “supports the conclusion that the restrictions ‘burden substantially more speech than is necessary to further the government’s legitimate interests.'”WeChat users argued the government sought “an unprecedented ban of an entire medium of communication” and offered only “speculation” of harm from Americans’ use of WeChat.In a similar case, a U.S. appeals court agreed to fast-track a government appeal of a ruling blocking the government from banning new downloads from U.S. app stores of Chinese-owned short video-sharing app TikTok.
Huawei’s new smartphone has an upgraded camera, its latest advanced chipset and a better battery. What it may not have outside the Chinese tech giant’s home market is very many buyers.
Huawei, which recently became the world’s No. 1 smartphone maker, on Thursday unveiled its Mate 40 line of premium phones, a product release that comes at a crucial moment for the company as it runs out of room to maneuver around U.S. sanctions squeezing its ability to source components and software.
The Mate 40 could be the last one powered by the company’s homegrown Kirin chipsets because of U.S. restrictions in May barring non-American companies from using U.S. technology in manufacturing without a license.
Analysts say the company had been stockpiling chips before the ban but its supply won’t last forever.
“This is a major challenge to Huawei and it’s really losing its market outside of China,” said Mo Jia, an analyst at independent research firm Canalys. The latest U.S. restrictions mean it “100% has closed doors for Huawei to secure its future components.”
Executives said this summer that production of Kirin chips would end in mid-September because they’re made by contractors that need U.S. manufacturing technology. In a press preview this week ahead of the Mate 40’s launch, staff declined to answer questions on Huawei’s ability to source chips. The head of Huawei’s consumer business, Richard Yu, referred only briefly to the issue at the end of a virtual launch event Thursday.
“For Huawei, nowadays we are in a very difficult time. We are suffering from the U.S.
government’s third round ban. It’s an unfair ban. It makes (the situation) extremely difficult,” Yu said.
Huawei, which is also a major supplier of wireless network gear, is facing pressure in a wider global battle waged between the U.S. and China over trade and technological supremacy. The U.S. government’s efforts to lobby allies in Europe to not give it a role in new high-speed 5G wireless networks over cybersecurity concerns has been paying off, with countries including Sweden and Britain blocking its gear.
Huawei phones are not widely available in the U.S., but they’re sold in Europe, the Middle East and Asia. The company climbed to the top of the global smartphone rankings this summer, knocking Samsung off top spot by shipping 55.8 million devices in the second quarter to gain a 20% share of the market, according to research firms Canalys and International Data Corp. But the performance was driven by strong growth in China while smartphone sales in the rest of the world tumbled due to the coronavirus pandemic.
Analysts say it will be hard for Huawei to remain No. 1.
“Huawei’s in a tight spot,” said Ben Wood, chief of research at CCS Insight. Along with the U.S. sanctions, it’s also hurt by slumping confidence in the brand that makes retailers less keen to stock its phones. “And sadly, I don’t think you’re going to see the Mate 40 performing particularly well outside of China.”
Huawei has a small but enthusiastic fan base in Europe, its biggest market outside China. But some users are turned off by the idea of sticking with the brand because of a related problem: recent models like the Mate 40, priced at 899 euros ($1,070) and up, can’t run Google’s full Android operating system because of an earlier round of U.S. sanctions.
Instead, they come with a stripped down open source version of Android, which doesn’t have Google’s Play Store and can’t run popular apps like Chrome, YouTube and Search.
Mark Osten, a 29-year-old architect in Preston, England, bought a Huawei P30 last year when the contract on his previous Samsung phone ended.
He says the camera is great but hesitates to recommend the brand to others because of the uncertainty.
“I just can’t imagine life without YouTube or Google,” said Osten.
To make up for losing Google services, Huawei has built its own app store and has been paying developers to create apps for it. Users can request apps that aren’t yet available, but it’s not something that appeals to Chloe Hetelle, a 35-year-old events organizer in Toulouse, France, who bought a Huawei P20 model two years ago after switching from an iPhone.
“I don’t want to request apps, I just want to have YouTube,” said Hetelle. “I’m not really keen on struggling to get something that I would have easily with another phone.”
Facebook Inc said on Wednesday it is launching its dating service in 32 European countries after the rollout was delayed earlier this year due to regulatory concerns.The social media company had postponed the rollout of Facebook Dating in Europe in February after concerns were raised by Ireland’s Data Protection Commissioner (DPC), the main regulator in the European Union for a number of the world’s biggest technology firms, including Facebook.The DPC had said it was told about the Feb. 13 launch date on Feb. 3 and was very concerned about being given such short notice.It also said it was not given documentation regarding data protection impact assessments or decision-making processes that had been undertaken by Facebook.Facebook Dating, a dedicated, opt-in space within the Facebook app, was launched in the United States in September last year. It is currently available in 20 other countries.In a blog post on Wednesday, Kate Orseth, Facebook Dating’s product manager, said users can choose to create a dating profile, and can delete it at any time without deleting their Facebook accounts.The first names and ages of users in their dating profiles will be taken from their Facebook profiles and cannot be edited in the dating service, Orseth said, adding that users’ last names will not be displayed and that they can choose whether to share other personal information on their profiles.
Microsoft Corp said Tuesday it had disabled more than 90% of the machines used by a gang of Russian-speaking cyber criminals to control a massive network of computers with a potential to disrupt the U.S. election. Aided by a series of U.S. court orders and relationships with technology providers in other countries, Microsoft said its weeklong campaign against the gang running the Trickbot network was heading off a possible source of disruption to the November 3 U.S. vote. “We’ve taken down most of their infrastructure,” corporate Vice President Tom Burt said in an interview. “Their ability to go and infect targets has been significantly reduced.” The criminals in charge of Trickbot have infected more than 1 million personal computers, including many inside local governments, according to cybersecurity professionals. They then make deals with other gangs to install ransomware and other malicious programs on the infected machines, security professionals say. Although there is no evidence that the gang has worked with foreign governments, Burt said he wanted to disrupt Trickbot before the election in case Russian agencies attempted to use it to interfere with voting or cast doubt on the results by manipulating data. Some security experts who had seen little impact from Microsoft’s initial efforts to combat Trickbot said this week that new control servers being brought online by the gang were getting cut off, making it harder for the group to install new programs on infected computers. “Disruption operations against Trickbot are currently global in nature and have had success against Trickbot infrastructure,” said Intel 471 Chief Executive Mark Arena. “Regardless, there still is a small number of working controllers based in Brazil, Colombia, Indonesia and Kyrgyzstan that still are able to respond.” The Trickbot gang is now asking other malware groups to install its software, Arena and others said, and it is expected to rebuild its infrastructure in other ways. Burt said such efforts to adapt would at least distract the gang from bringing chaos to voting or other local government activity if it had been so inclined.
Facebook, Twitter and other internet companies are rolling out new policies on controversial content during the U.S. presidential campaign. Michelle Quinn reports.
Camera: Deana Mitchell