February 14, 2020 / 6:09 AM / 8 days ago

Samsung Elec says its board chairman offers to resign

SEOUL, Feb 14 (Reuters) - Samsung Electronics said on Friday that Lee Sang-hoon, the chairman of its board, had offered to resign, without elaborating on a reason.

In a statement, the company said the board planned to appoint a new chairman in the near future.

In December, a South Korean court had sentenced Lee to 1-1/2-years in jail for sabotaging legitimate union activities. (Reporting by Joyce Lee; Editing by Clarence Fernandez)

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