Samsung chairman departs for Washington amid tariff talks

Samsung Electronics Executive Chairman Lee Jae-yong departed for Washington on Tuesday, in an apparent move to support the government's ongoing tariff negotiations with the Donald Trump administration. Aboard a Boeing 787-8 Dreamliner that took off from Gimpo International Airport in Seoul around 4 p.m., Lee left for the U.S. capital after briefly greeting reporters who asked about the purpose of his visit. His departure followed a private dinner with President Lee Jae Myung last Thursday, which is believed to have focused on Samsung’s plans to invest in the U.S. Given the previous day’s announcement of a $16.5 billion semiconductor foundry deal between Samsung and Tesla, industry officials expect the chairman to emphasize his company’s large-scale investments in the U.S. market to help Seoul persuade Washington to lower tariffs on Korean products. Samsung Electronics, which operates a foundry plant in Texas, plans to invest at least $37 billion by 2030 to reinforce its U.S. semiconductor production base. On Monday, Hanwha Group Vice Chairman Kim Dong-kwan also flew to Washington, aWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times