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Samsung board chairman resigns following labor laws violation sentence


Samsung board chairman Lee Sang-hoon has resigned nearly two months after he was discovered responsible on costs of union sabotage.

Lee Sang-hoon was appointed as board chairman of Samsung Electronics two years in the past in a transfer aimed to extend transparency on the firm by splitting the CEO and chairman roles.

Lee Sang-hoon was sentenced to a yr and a half in jail final December on costs that he violated labor legal guidelines.

Samsung’s high-level execs have discovered themselves in scorching water with the authorities currently. Jay Y. Lee, Samsung’s de-facto head, was discovered responsible of perjury, embezzlement and bribery in 2017, for which he served a brief stint in jail, and is at the moment awaiting a retrial.

Samsung VP Kang Kyung-hoon has been sentenced to 16 months in jail on costs of union interference. Lee Sang-hoon, Samsung’s now-former chairman, has additionally been concerned in a couple of occasion of convictions and subsequent pardons.

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Philip Young
Philip Young is an expert of Smartphone. His love towards smartphone industry is keep growing. He currently contributes for Trevino by providing latest updates in smartphone industry.

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