Samsung heir visits LG Chairman

By Kim Yoo-chul

Samsung and LG Groups are often said to be archrivals with their business areas mirroring each other.

Now, there is a sign that their traditional rivalry is crumbling.

In a rare gesture of friendship, Lee Jae-yong, the only son and heir apparent of Samsung leader Lee Kun-hee, recently paid a visit to LG Chairman Koo Bon-moo.

``Samsung Electronics Chief Operating Officer (COO) Lee has met with LG’s Koo,” said Rhee In-yong, chief Samsung spokesman, in a news briefing at its headquarters Wednesday.