Samsung and SK Group Chairmen to Meet Nvidia CEO at Korea Society Gala in New York
Quick Look
- Samsung Electronics Chairman Lee Jae-yong and SK Group Chairman Chey Tae-won are expected to meet Nvidia CEO Jensen Huang in New York later this month at The Korea Society's annual gala on Sept.
- 28, where Huang will receive the Van Fleet Award for his contributions to Korea-US relations.
AI-generated summary
Why It Matters
Samsung Electronics and SK hynix are expanding partnerships with Nvidia in the artificial intelligence chip market, and both companies are increasing investments in the United States.
Samsung Electronics Chairman Lee Jae-yong and SK Group Chairman Chey Tae-won are expected to meet Nvidia CEO Jensen Huang in New York later this month as they attend The Korea Society's annual gala on Sept. 28.
Lee and Chey recently accepted invitations to the event, according to industry sources Friday.
Huang will receive this year's Van Fleet Award in recognition of his contributions to Korea-US relations. Lee and Chey are expected to attend the ceremony and congratulate the Nvidia chief in person.
The three business leaders have forged close ties as Samsung Electronics and SK hynix expand their partnerships with Nvidia in the fast-growing artificial intelligence chip market.
Huang has met both Lee and Chey during previous visits to Korea.
The New York gathering comes as Samsung Electronics and SK hynix step up investments in the US, raising expectations that Lee and Chey could also engage with senior US business and political figures on investment, incentives and supply chain issues.
Chey is expected to attend the gala while in New York for events surrounding the UN General Assembly later this month. He is reportedly planning to travel to Mexico afterward to review SK's North American supply chain.
Lee is also expected to use his US trip to meet executives from major technology companies.
The Van Fleet Award, established in 1992, honors individuals or organizations that have contributed to Korea-US relations. It is named after Gen. James A. Van Fleet, who commanded the US Eighth Army during the Korean War and helped found The Korea Society in 1957.
What to Watch
AI outlook โ possibilities, not facts
Lee and Chey will meet with senior US business and political figures to discuss investment, incentives, and supply chain issues.
Likely ยท Within weeks
Chey will review SK's North American supply chain in Mexico after the New York gala.
Likely ยท Within weeks
Open Questions
- What specific investment or supply chain topics will Lee and Chey discuss with US officials?
- Will Huang's meeting with Lee and Chey lead to new AI chip collaborations?
- What are the details of Chey's planned supply chain review in Mexico?
