Lee Jae-yong Meets with Zhongshan Party Secretary and Mayor: "Let's Collaborate on Semiconductors and Bio"

[Asia Economy Reporter Kim Hyewon] Samsung Electronics Vice Chairman Lee Jae-yong met with local government officials in Xi'an, Shanxi Province, China, to discuss cooperation plans.

According to industry sources and the local Shanxi Daily on the 19th, Vice Chairman Lee held talks with Hu Heping, Secretary of the Shanxi Provincial Committee, and Liu Guozhong, Governor.

At the meeting, Secretary Hu expressed his gratitude, saying, "We deeply appreciate Samsung's benevolent support in providing epidemic prevention supplies to local residents during the early stages of the COVID-19 outbreak."

Secretary Hu continued, "We will fully implement the inland reform and opening-up determination raised by Chinese President Xi Jinping, who recently visited the province, further strengthen the resumption of operations and production of foreign-invested enterprises, and actively support the flow of logistics and personnel."

He also stated, "Our province will enhance friendship and deepen cooperation with Samsung," adding, "We will fully support and guarantee Samsung's projects within the province." He further added, "We will strengthen cooperation with Samsung in areas such as memory semiconductors, logic semiconductors, batteries, and bio, promoting mutual development and benefits."

Vice Chairman Lee expressed gratitude for the local government's COVID-19 prevention and control support, stating, "Samsung's projects are progressing smoothly."

He responded, "Since we are achieving good results, let's expand cooperation areas and increase exchanges," and added, "We will positively contribute to Shanxi Province entering a new era."

Vice Chairman Lee departed for China on the 17th and visited Samsung Electronics' semiconductor plant located in Xi'an, Shanxi Province, on the 18th to encourage employees. It is reported that he will return on the afternoon of the same day by private jet.

This content was produced with the assistance of AI translation services.