Sun Woo Lee

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]

This is a Korean name; the family name is Lee.
Sun Woo Lee
Born
Sun Woo Lee (이선우)
EmployerSamsung Electronics (1984–present)[1]

In 2006 Lee was imprisoned for eight months and fined USD 250,000 for his involvement at Samsung in the DRAM price-fixing conspiracy 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. "From Taunus to the Thames - Sunny Lee new European head". January 29, 2014. Retrieved April 8, 2016.
  2. "Samsung Wins Multiple European Imaging and Sound Association Awards across Smartphone, Camera and Multiroom System Categories". August 15, 2014. Retrieved April 8, 2016.
  3. "Sunny Lee named President & CEO of Samsung Electronics Europe". January 27, 2014. Retrieved April 8, 2016.
  4. "Memory makers hit by price-fixing claims". The Register. Retrieved August 1, 2007.
  5. "Samsung exec agrees to plead guilty to price fixing". April 20, 2007. Retrieved April 13, 2016.
  6. "Change of leadership at Samsung Germany". February 20, 2009. Retrieved April 8, 2016.
  7. "UNITED STATES OF AMERICA,Plaintiff,v.SUN WOO LEE; YEONGHO KANG; and YOUNG WOO LEE". March 22, 2006. Retrieved April 9, 2016.
  8. "Samsung Electronics appoints new president for Germany". March 4, 2009. Retrieved April 9, 2016.
  9. "Samsung Electronics Sunny Lee appoints president and CEO of the company in Europe". January 27, 2014. Retrieved April 9, 2016.
  10. "Sunny Lee named President & CEO of Samsung Electronics Europe". January 27, 2014. Retrieved April 9, 2016.
  11. "Samsung keeps the faith in wearable tech". February 6, 2015. Retrieved April 9, 2016.
  12. "PLEA AGREEMENT: SUN WOO LEE". April 5, 2006. Retrieved April 13, 2016.
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