[Chairman Lee Kun-hee Passes Away] Business Community: "The Top Business Leader Who Elevated Korea to the Ranks of Advanced Nations"

[Asia Economy Reporter Kim Hyewon] The business community expressed deep condolences on the passing of the late Lee Kun-hee, Chairman of Samsung Group, who died on the 25th.

The Federation of Korean Industries (FKI) released a statement saying, "Chairman Lee not only grew Samsung into a top-tier global company but was also the greatest leader in the business world who elevated South Korea's economy to the ranks of advanced nations."

The FKI honored the late chairman, stating, "With his exceptional determination and innovative spirit, he led the semiconductor industry to become Korea's representative key industry and dominated the global smartphone market."

The FKI also emphasized, "Chairman Lee's influence extended beyond the business sector," adding, "By securing the 2018 Pyeongchang Winter Olympics, he greatly enhanced the nation's prestige and personally practiced the spirit of coexistence by caring for the underprivileged in various parts of society."

They continued, "'Let's change everything except my wife and children,' Chairman Lee's spirit of innovation will forever remain in the hearts of our entrepreneurs," and added, "We will inherit his spirit and use the current economic crisis as a stepping stone for economic re-advancement."

This content was produced with the assistance of AI translation services.