Lee meets SK Chairman Chey as U.S. chip-investment pressure grows

President Lee Jae-myung held a private dinner with SK Group Chairman Chey Tae-won in Seoul on the 20th, with discussions reportedly spanning semiconductor investment in South Korea and the United States, the strategic importance of chips in the artificial-intelligence era, and labor-management issues. The meeting followed their earlier discussions ahead of the June announcement of the Three Mega Projects, including the Honam Semiconductor Cluster, and came about three weeks after they attended an AI summit in San Francisco. The talks took place as the Trump administration presses South Korean chipmakers to build more factories in the United States and as labor disputes intensify over planned domestic fab investments, including an 800 trillion won program in South Jeolla Province and Gwangju. Lee is expected to continue private meetings with Samsung Electronics Chairman Lee Jae-yong and LG Group Chairman Koo Kwang-mo.

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