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Sun Woo Lee
South Korean business executive From Wikipedia, the free encyclopedia
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Sun Woo 'Sunny' Lee (Korean: 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]
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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]
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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
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