AsianFin -- Jay Y. Lee, chairman of South Korea’s Samsung Electronics, departed for Washington on Tuesday for a business trip, a company spokesperson confirmed. His visit comes just a day after the company announced a landmark $16.5 billion agreement to supply chips produced at its Texas facility to Tesla.
According to a report by Yonhap News Agency, Lee is also expected to lend support to ongoing trade negotiations between South Korea and the United States during his stay.
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