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Funeral send-off held for late Samsung chairman Lee Kun-hee

Reuters logo Reuters 28/10/2020
a man standing in front of a bus: Samsung Group heir Jay Y. Lee arrives for the funeral send-off held for late Samsung chairman Lee Kun-hee, at a hospital in Seoul © Reuters/YONHAP NEWS AGENCY Samsung Group heir Jay Y. Lee arrives for the funeral send-off held for late Samsung chairman Lee Kun-hee, at a hospital in Seoul

SEOUL (Reuters) - The family of late Samsung Electronics <005930.KS> chairman Lee Kun-hee held a funeral ceremony on Wednesday for the patriarch, whose death on Sunday threw into question the control of the chipmaker and the country's largest conglomerate.

a truck that is driving down the road: A hearse carrying the body of Lee Kun-hee, leader of Samsung Group, travels at a hospital in Seoul © Reuters/HEO RAN A hearse carrying the body of Lee Kun-hee, leader of Samsung Group, travels at a hospital in Seoul

After a morning ceremony closed to the media, family members, including Lee's son Jay Y. Lee, boarded a bus, which left the Samsung Medical Centre, where the funeral services had been held, local media Yonhap News TV channel showed.

Afterward, a large black funeral car topped with a white wreath believed to be carrying the casket of the late Lee left the hospital.

The funeral car is expected to pass by sites that held meaning for Lee, including his home in central Seoul and Samsung Electronics' chip-production facilities in Hwaseong and Giheung near the capital before arriving at a family burial ground, Yonhap news agency reported.

a car parked in a parking lot: A hearse carrying the body of Lee Kun-hee, leader of Samsung Group, travels at a hospital in Seoul © Reuters/HEO RAN A hearse carrying the body of Lee Kun-hee, leader of Samsung Group, travels at a hospital in Seoul

Lee, who built Samsung Electronics into a global powerhouse in smartphones, semiconductors and televisions, died at 78 after spending more than six years in hospital following a heart attack.

His passing raised expectations for stake sales and a potential restructuring of the sprawling business empire, as the family grapples with an anticipated inheritance tax bill of nearly 10 trillion won (6.8 billion pounds).

a side view mirror of a car: A hearse carrying the body of Lee Kun-hee, leader of Samsung Group, travels at a hospital in Seoul © Reuters/HEO RAN A hearse carrying the body of Lee Kun-hee, leader of Samsung Group, travels at a hospital in Seoul

(Reporting by Joyce Lee. Editing by Gerry Doyle)

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