South Korean officials: Samsung Electronics and SK Hynix will sign major agreements with US firms during Lee Jae-myung’s visit to the United States.

2026.07.24 19:40:00

South Korea's Presidential Office Policy Chief Kim Yong-beom announced that during President Lee Jae-myung's Silicon Valley visit, Samsung Electronics and SK Hynix will sign major deals involving "huge" funds with leading U.S. tech companies. The agreements may include new long-term memory chip supply pacts, strategic cooperative investment partnerships, and memoranda of understanding. Kim did not specify the exact amount. He added that President Lee Jae-myung's visit acted as a "catalyst" to help conclude long-running negotiations between South Korean and U.S. enterprises. Lee departed for the U.S. on Friday, and he will attend an artificial intelligence summit, holding separate meetings with NVIDIA CEO Jensen Huang, OpenAI founder Sam Altman, Anthropic co-founder Dario Amodei, and Broadcom CEO Hock Tan.

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