SK Group Chairman Chey Tae-won has met with a delegation of U.S. senators in Seoul to discuss ways to enhance business cooperation between South Korea and the United States, the company said Wednesday.
During the meeting at SK Group’s headquarters Tuesday, Chey expressed his gratitude to the seven visiting senators, including Bill Hagerty, for their efforts in expanding Korea-U.S. ties, according to SK Group.
The discussions focused on key areas of collaboration, particularly in technology and business.
This meeting follows a similar engagement last year, when Chey met with U.S. Senate representatives led by Chuck Schumer during their visit to Seoul.
SK Group Chairman Chey Tae-won (C) and a delegation of U.S. senators pose for a photo in Seoul on Sept. 3, 2024, in this photo provided by SK Group. (PHOTO NOT FOR SALE) (Yonhap)
Chey highlighted SK Group’s major business initiatives, emphasizing the company’s contributions to both South Korea and the U.S.
“SK Group is building semiconductor ecosystems in
both Korea and the U.S.,” Chey said, “which will help enhance AI leadership in both countries.”
Recently, SK hynix Inc., the world’s second-largest memory chipmaker, received up to US$450 million in grants from the U.S. government for its investment to build a production base for advanced semiconductor packaging in Indiana.
SK Group’s electric vehicle battery unit SK On Co. has several joint ventures in the U.S.
The U.S. senators expressed optimism for continued bilateral cooperation, noting the increasingly vital role of Korean companies in advancing the economies of both nations, according to SK Group.
Source: Yonhap News Agency
