Samsung Electronics—the world’s biggest telephone maker that also produces home appliances and memory chips—is a flagship unit of the Samsung Group.
The institution, currently chaired by using Lee Kun-Hee, has merged, broken out or newly listed a number of its key devices in current years as Lee prepares at hand over the reins to his son and corporation vice chairman J.Y. Lee.
Recent fitness problems regarding the senior Lee, presently bedridden after suffering a heart assault in 2014, have precipitated the commercial enterprise to step up these efforts.
The Samsung Electronics board proposed a plan Monday to nominate J.Y. Lee as a brand new board member.