Samsung’s heir apparent may take bigger role soon

Speculation is rising that Samsung’s heir apparent Lee Jae-yong may take on greater responsibility in business operation next year after Samsung Electronics chairman Lee Kun-hee said the organization needs to get younger on Tuesday.

“An organization must be young in any era,” Lee said in response to reporters’ questions at Gimpo Airport while on his way to attend the general meeting of the Association of National Olympic Committees in Mexico.

His statement was issued at a sensitive time for the group, only a few months ahead of its yearend reshuffle scheduled in December.

Some assumed that the time may have come for the business tycoon’s only son Lee Jae-yong to take a bigger voice in running and managing the country’s top business conglomerate, while others believed this may be pointing to a drastic reshuffle.

Lee Jae-yong