Yoo Seungmin Visits Samsung Electronics: "Samsung Electronics' Success Story Is a Source of National Pride"

[Asia Economy, reporter Na Juseok] On August 19, Yoo Seungmin, a presidential candidate from the People Power Party and former lawmaker, visited Samsung Electronics and Ssangyong Motor. Yoo emphasized the need to foster core talent in the semiconductor industry.

[Image source=Yonhap News]

That morning, Yoo held a meeting at Samsung Electronics' Pyeongtaek campus. He remarked, "Semiconductors occupy such a significant position in our economy that we would have to calculate growth and exports separately without them."

He went on to say, "I believe the supply of semiconductor talent is primarily the responsibility of the state," stressing the importance of nurturing human resources.

Regarding his visit, Yoo also left an acrostic poem using the name 'Samsung Electronics,' saying, "The success story of Samsung Electronics is a source of pride for all citizens."

Previously, Yoo had announced a plan to strengthen the semiconductor industry by creating a public-private cooperative semiconductor fund tentatively named the 'KomaTech Fund' (Korea Semiconductor Manufacturing Technology Fund) with an investment of 50 trillion won. The plan calls for joint investment by semiconductor companies to focus on nurturing fabless (design firms) and foundry (manufacturing firms) businesses in the non-memory sector.

Regarding this visit, he shared, "Vice Chairman Lee Jae-yong even called me a few days ago to arrange this visit." Yoo's camp further explained, "Vice Chairman Lee called Yoo to greet him, and during their conversation, the camp's schedule for a visit to Samsung Electronics was shared, to which Vice Chairman Lee expressed his welcome."

Afterwards, Yoo visited Ssangyong Motor and stated, "I would like to express my sincere sympathy to all the employees of Ssangyong Motor for their hard work." He added, "Above all, I hope that the entity-whether it is a company or capital-that acquires Ssangyong Motor during the ongoing corporate rehabilitation process will be truly trustworthy. This is extremely important for Ssangyong Motor to recover and to ensure the company's long-term sustainability."

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