Samsung's Lee family may risk losing control of company amid challenges in smartphone market
Samsung is said to one one of the many conglomerates in the country who achieve control through crossholdings. The Lees were able to gain control of Samsing's 74 companies through a web of shareholdings despite owning less than 2% of the total group stock. Professor Kim Houng Yu at Kyung Hee School Of Management in Seoul said that the Lees would have trouble retaining its position in the company should he cross-shareholding structure breaks off.