Presidents Yoon, Biden meet at Samsung Electronics' semiconductor plant
Updated: 2022-05-21 12:55:47 KST
U.S. President Joe Biden landed in Osan Airbase late Friday afternoon, opening his first Asia trip as president here in South Korea and the first stop: Samsung Electronics' semiconductor complex in Pyeongtaek.
This is also where he met for the first time South Korea's newly-elected President Yoon Suk-yeol where the two heads-of-state were hosted by Samsung Electronics' Vice Chairman Lee Jae-yong in a tour of the world's largest semiconductor plant.
Marking their visit, Presidents Yoon and Biden signed on a semiconductor wafer instead of the visitor's book.
The two leaders' visit here underscores the emphasis the two have placed on strengthening economic security alliance - from trade to supply chain resiliency - and stretching to the realm of high-tech alliance.
"President Biden's visit to the Pyeongtaek campus today will be a good opportunity to reflect on the meaning of economy and security regarding semiconductors, as well as the meaning of the "global comprehensive strategic alliance" between South Korea and the U.S. through semiconductors."
" · , · ' ' ."
That sentiment echoed by the American president.
This is an auspicious start to my visit, because it's emblematic of the future cooperation and innovation that our nations can and must build together.
The U.S. president said now is the time for the U.S. and like-minded partners to invest in each other while the South Korean leader expressed hopes for more U.S. incentives to South Korean chipmakers making investments there and encouraged more American firms to tap into the Korean market.
Seoul's top office says the two countries will keep communicating through the 'Semiconductor Partnership Dialogue' channel to bolster cooperation.
Slated for Saturday afternoon is the 90-minute long Yoon-Biden bilateral during which they will focus on the allies' coordinated response against North Korea's provocations and global issues among others.
"The two leaders' visit here to the semiconductor plant, - the first leg of their trip together, shows their focus on cooperation in economic security which will be revisited by the two leaders at their bilateral summit tomorrow.
Yoon Jung-min, Arirang News, Pyeongtaek."