On August 24, as per reports from South Korean insiders on Monday, President Lee Jae-myung of South Korea is likely to hold a meeting with Lee Jae-yong, the Chairman of Samsung Electronics, this week. The focus of their discussion will be three significant mega-projects in South Korea, centered on semiconductors and artificial intelligence. Earlier, Lee Jae-myung had already had a meeting with Chey Tae-won, the Chairman of SK Group, and there are also indications that he might meet with Chung Eui-sun, the Executive Chairman of Hyundai Motor Group, this week. Amidst the current speculation that the United States is urging South Korea to ramp up its investment in the U.S. semiconductor sector, in line with Seoul's investment pledges to the U.S., these meetings have garnered considerable attention. Nevertheless, Ahn Duk-geun, the South Korean Minister of Trade, Industry, and Energy, had previously clarified that South Korea has not yet engaged in discussions with Washington on these related matters.
