President Lee likely to meet Samsung Electronics chief for possible discussion on chip projects: sources

Lee-Samsung chief

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| 2026-08-24 17:36:43

▲ President Lee Jae Myung (C), alongside Samsung Electronics Co. Chairman Lee Jae-yong (L) and SK Group Chairman Chey Tae-won, attends a meeting at the presidential office Cheong Wa Dae in Seoul on June 29, 2026, to unveil the government's three mega projects aimed at attracting large-scale investment in semiconductors, physical AI and AI data centers. (Pool photo) (Yonhap)

SEOUL, Aug. 24 (Yonhap) -- President Lee Jae Myung is likely to meet with Samsung Electronics Chairman Lee Jae-yong this week to possibly discuss the country's three mega projects centered on semiconductors and artificial intelligence (AI), sources said Monday.

The meeting came days after President Lee met with SK Group Chairman Chey Tae-won. Lee is also likely to have a meeting with Hyundai Motor Group Executive Chair Euisun Chung this week, the sources said.

The talks came amid speculation the United States is demanding South Korean investment in its semiconductor industry as part of Seoul's investment commitment to the country, although Industry Minister Kim Jung-kwan said earlier that no related talks had been held with Washington.

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