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Jae-yong Lee, vice chairman of Samsung Electronics, announced the apology to the public, saying, "I'm sorry for worrying about the suspicion of succession to management and the establishment of a union." Vice Chairman Lee also declared, "I will not give my children management rights."

I am a clinical reporter.

<Reporter>

Jae-yong Lee, vice-president of Samsung Electronics, held a press conference at the office building in Seocho-dong, Seoul, and apologized for the succession of management rights and union issues.

[Lee Jae-yong / Samsung Electronics Vice-President: We could not meet the expectations of the people. On the contrary, they were disappointing and worried. This is because the law and ethics were not strictly followed.] We

promised that there would be no more controversy, especially regarding the succession of management rights.

In the meantime, he said he would cut off the inheritance of management, which has been pointed out as the biggest ill of Samsung and other conglomerates.

[Lee Jae-yong / Samsung Electronics Vice Chairman: I am not going to pass on my children to the company.

I have kept it in my mind for a long time, but I have been hesitant to reveal it to the outside.] In addition, Samsung said that it will no longer say that it is no union management, and that it will make changes to the union culture, such as guaranteeing three labor rights.

It is only five years since Lee apologized for the responsibility of Samsung Seoul Hospital during the MERS incident in June 2015.

This apology was made when the Samsung Compliance Committee advised the vice-chairman in March to announce public apologies for suspicion of succession of management rights and union issues.