Lee Jae-myung meets Samsung, SK leaders over semiconductor and AI investment

South Korean President Lee Jae-myung has met SK Group Chairman Chey Tae-won and is scheduled to meet Samsung Electronics Chairman Lee Jae-yong on the 26th, followed by talks with Hyundai Motor Group Chairman Euisun Chung. The successive meetings center on executing three “super projects” in semiconductors, physical AI and AI data centers with a combined scale of 4,755 trillion won, including southwest semiconductor-cluster investment. Samsung Electronics and SK Hynix in June outlined plans for a southwest chip cluster, with electricity and water-supply systems still under discussion. The Hyundai talks are expected to focus on a 9 trillion won Saemangeum AI data-center and robotics cluster and on clearing permit, power and land bottlenecks. Exemptions from the 52-hour workweek for R&D staff, U.S. investment pressure and broader labor issues are also on the agenda.

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