1987, when Chairman Lee Kun-hee became chairman, Samsung was the third largest business group in Korea, lower than Hyundai and Daewoo.
The company that used to be focused on semiconductors and electronics was a huge success, and it has grown into a company that is said to be the best in the world as well as in Korea.
However, there were also many criticisms for slush funds, lobbying, succession, etc., behind this managerial ability.
Chairman Lee Kun-hee's Light and Shadow, reporter Hwa Gang-yoon organized it
In December 1987, Chairman Kun-hee Lee, who took office as the group's chairman at the age of 45, shifted his focus from textile chemistry to electronics and semiconductors.
In particular, with our commitment to the semiconductor business, we succeeded in developing the world's first 64-mega DRAM in 1992, surpassing Japan in the memory semiconductor field, and ranked first.
In 1993, Chairman Lee, who went on a new career with the so-called'Frankfurt Declaration', changed the constitution of the Samsung Group.
[Lee Kun-hee/Samsung Group Chairman (June 1993): Talk to the extreme, I'm not kidding.
Change everything except your wife and children.] In
1995, when the defect rate of cell phones reached 12%, they destroyed and burned 50 billion won worth of defective products.
As a symbolic event emphasizing quality management, mobile phone brand Anycall dominated the domestic market by overtaking Motorola, the world's leader at that time.
However, Samsung Motors, which was put forward as a'lifetime challenge', did not succeed.
Chairman Lee followed various suspicions of corruption, such as lobbying, slush funds, and succession of management rights, like tags.
In 2005, the public apologized for the ‘An Gibu X-File incident’ for providing ‘rice cake prices’ to the politicians and the prosecution.
[Lee Kun-hee/Samsung Group Chairman (February 2006): Last year, there were various turmoils. Sorry for smoking...
I think I am entirely responsible for it.] In
2008, attorney Kim Yong-cheol, who was the head of the group's legal affairs team, revealed that he had lobbied for money and managed a large amount of slush funds under the direction of Chairman Lee.
After a special prosecution, Chairman Lee, who was convicted on charges of evading the Joseon Dynasty, again apologized to the public and withdrew from the front line of management.
[Late Kun-hee Lee/Samsung Group Chairman (April 2008): We sincerely apologize and fulfill our legal and moral responsibilities.]
Since then, he returned to the front line of management after receiving a pardon in 2010 for the promotion of the PyeongChang Olympic Games, but his son Jae-yong Lee as vice chairman Has been criticized socially for using expedients in the succession process.
It was a mistake to adhere to the no-union principle and not respect workers' rights.
(Video editing: Jo Moo-hwan)