Samsung Electronics Executive Chairman Lee Jae-yong expressed his condolences Saturday following the death of Hyosung Group Chairman Emeritus Cho Suck-rai.Lee, accompanied by his mother Hong Ra-hee, paid his respects at the funeral altar for Cho at Severance Hospital in central Seoul around 2 p.m.His presence marked the first visit by a Korean business leader outside the deceased chairman’s relatives, although he made no comments during his visit.

Lee’s attendance underscored the longstanding connection between Samsung Group and Hyosung Group, rooted in the close business partnership between their founders.Cho’s father, the late Cho Hong-jai, founded and operated Samsung in 1948 with Samsung’s late founder Lee Byung-chul, before breaking away to establish Hyosung in 1962.The late Cho, who stepped down from the management of the company in 2017 due to his advanced 카지노사이트킹 age, died Friday at the age of 89.