Samsung Chief to Meet Xi, Discuss China Investment
Lee Jae-yong aims to expand Samsung's NAND memory production amid China's push for advanced semiconductor investments, with the Xi'an plant accounting for up to 60% of output.
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Will China ask for Samsung's investment when chairman visits?
Samsung Electronics Executive Chairman Lee Jae-yong is expected to meet with key Chinese business partners during his visit to Beijing to attend the China Development Forum (CDF), stoking speculation over whether Beijing will push for fresh investment in the company’s chip operations, particularly NAND flash memory, in China. According to industry officials, Lee is attending CDF, which opened at Diaoyutai State Guesthouse in Beijing Sunday for a…
China Development Forum Opens; Global CEOs Including Lee Jae-yong and Kwak No-jung Head to Beijing. Samsung Electronics Chairman Lee Jae-yong and SK Hynix President Kwak No-jung visited China again this year, following last year, to attend a high-level economic event. According to industry sources on the 22nd, Chairman Lee and President Kwak attended the opening ceremony at the Diaoyutai State Guest House in Beijing on that day.
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- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
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