Sun Woo Lee
Sun Woo Lee | |
|---|---|
| Born | Sun Woo Lee (이선우) |
| Employer | Samsung Electronics (1984–present)[1] |
Sun Woo 'Sunny' Lee (이선우) is a South Korean business executive, and is the former president and chief executive officer of Samsung Electronics Europe,[2] previously serving as chief operating officer of Samsung Electronics Germany.[3] In 2006 Lee was imprisoned for eight months and fined USD 250,000 for his involvement at Samsung in DRAM price fixing with DRAM competitors Hynix, Infineon, Micron Technology, and Elpida.[4][5]
Early life and education
Lee has a BA degree in German Studies, an MBA from Bradford University and an MSc in information technology from the University of Warwick.[1]
Samsung
Early career
Lee joined Samsung in 1984.[1] From 1989 to 1994 he worked as a marketing manager for storage media at Samsung Semiconductor Europe GmbH.[6] From January 2001 to June 2002, Lee was Senior Manager of DRAM Sales based in Seoul.[7] Between 2007 and 2009 Lee was President of Samsung Taiwan.[8] On 1 February 2009 Lee was appointed as President of Samsung Germany, a position he held until his appointment as Executive Vice President of the Global Visual Display Sales and Marketing Division in 2012.[9] In January 2014 Lee was promoted to president and chief executive officer of Samsung Electronics Europe,[10] a position he held until his replacement by YH Eom in 2015.[11]
DRAM price fixing scandal
In a Northern California district court in April 2006, Lee entered into a plea agreement with the U.S government for his criminal involvement in price fixing the U.S DRAM market. The plea agreement resulted in a sentence of eight months in prison and a USD 250,000 fine, and prevented the case going to trial in which evidence would have been formally presented.[12] Following the sentencing, Samsung issued a statement saying that it was "strongly committed to fair competition and ethical practices and forbids anticompetitive behaviour".[5] Lee was subsequently promoted to President of Samsung Germany in 2009,[6] and then President of Samsung Europe in 2014.[3]
References
- ↑ 1.0 1.1 1.2 "From Taunus to the Thames – Sunny Lee new European head". January 29, 2014. Retrieved April 8, 2016.
- ↑ "Samsung Wins Multiple European Imaging and Sound Association Awards across Smartphone, Camera and Multiroom System Categories". August 15, 2014. Retrieved April 8, 2016.
- ↑ 3.0 3.1 "Sunny Lee named President & CEO of Samsung Electronics Europe". January 27, 2014. Retrieved April 8, 2016.
- ↑ "Memory makers hit by price-fixing claims". The Register. Retrieved August 1, 2007.
- ↑ 5.0 5.1 "Samsung exec agrees to plead guilty to price fixing". April 20, 2007. Retrieved April 13, 2016.
- ↑ 6.0 6.1 "Change of leadership at Samsung Germany". February 20, 2009. Retrieved April 8, 2016.
- ↑ "UNITED STATES OF AMERICA,Plaintiff,v.SUN WOO LEE; YEONGHO KANG; and YOUNG WOO LEE". March 22, 2006. Retrieved April 9, 2016.
- ↑ "Samsung Electronics appoints new president for Germany". March 4, 2009. Retrieved April 9, 2016.
- ↑ "Samsung Electronics Sunny Lee appoints president and CEO of the company in Europe". January 27, 2014. Retrieved April 9, 2016.
- ↑ "Sunny Lee named President & CEO of Samsung Electronics Europe". January 27, 2014. Retrieved April 9, 2016.
- ↑ "Samsung keeps the faith in wearable tech". February 6, 2015. Retrieved April 9, 2016.
- ↑ "PLEA AGREEMENT: SUN WOO LEE". April 5, 2006. Retrieved April 13, 2016.
- Use mdy dates from January 2015
- Articles with short description
- Short description with empty Wikidata description
- Articles with hCards
- Living people
- Year of birth missing (living people)
- South Korean chief executives
- Alumni of the University of Bradford
- Alumni of the University of Warwick
- All stub articles
- South Korean people stubs
- Asian business biography stubs