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What Led Samsung Executive to kill Himself?

Monday, February 1, 2010

A 51-year-old executive of Samsung Electronics, who was lauded in 2006 as the company's best engineer, was found dead in an apparent suicide Monday, police said Tuesday night.

According to Gangnam Police Station in southern Seoul, the executive surnamed Lee was found dead at around 10:30 p.m. Monday on the grounds of his apartment in Samseong-dong, southern Seoul.

Police said they believed he jumped to his death, but refused to elaborate on why. A letter that appeared to be written by him was found at his home, but police have yet to make it public.

"He was found dead in an apparent suicide," said the chief investigator. "His distraught family confirmed this, but we cannot make public what he said in the letter."

There is much speculation over the cause of his death, however, police, Samsung and the man's family are remaining silent on the matter.

Among rumors being circulated are that he suffered from clinical depression or excessive stress from his work, or that he was the victim of an internal power struggle.

YTN, a cable news network, quoted an unidentified Samsung representative as saying the deceased had recently been at odds with his peers over promotions.

YTN also quoted another insider as saying senior executives at Samsung had tried to keep the news of his death from becoming public.

An investigator said, "It has been confirmed that he suffered chronic depression caused by an excessive workload. As far as I know, he complained in his letter that his work was too tough to stand."

Lee was hired by Samsung Electronics in 1990 and worked in its memory chip division, the company said.

In 2006, he was selected as the "Samsung Fellow," an annual award granted to top engineers at the company. The following year, he was promoted to vice president of the world's largest chip manufacturer.



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