July 17, 2024



Samsung Vice Chairman Lee Jae-yong Visits US for Chip Plant Project

The Epoch Times

By Jessica Mao

November 20, 2021 Updated: November 20, 2021


News Analysis

Samsung Electronics Vice Chairman Lee Jae-yong’s recent trip to North America was likely aimed at finalizing site selection for Samsung’s new $17 billion chip foundry plant. Hong Kong financial expert Liao Shiming believes the United States is cooperating with Samsung to restructure its high-tech supply chain.

Lee appeared at a business airport in Seoul in the early morning of Nov. 14. He briefly talked to the press before hopping onto a charter flight to Canada.

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