Samsung's Lee visits U.S ahead of likely US$17 billion chip plant decision: media

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SEOUL : Samsung Electronics vice chairman Jay Y. Lee is visiting North America in his first high-profile trip after serving jail time for bribery, with a decision imminent on Samsung's planned US$17 billion U.S. chip plant. Lee left Seoul on Sunday and his trip to Canada and the United States is expected

SEOUL : Samsung Electronics vice chairman Jay Y. Lee is visiting North America in his first high-profile trip after serving jail time for bribery, with a decision imminent on Samsung's planned US$17 billion U.S. chip plant.

"I am set to meet many U.S. partners," Lee told reporters before his flight on Sunday, without elaborating. Last month, South Korea granted emergency use approval for Moderna's vaccine produced by drugmaker Samsung BioLogics, which has a"fill and finish" deal with Moderna.

 

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