Silicon Valley Investment Pitch: "Let's Create the Next Generation of Samsung"

[Anchor]

President Lee Jae-myung has met with representatives of world-class venture capital firms in Silicon Valley, the hub of artificial intelligence and IT industry innovation. He called for investments in South Korean companies, suggesting that South Korea and the United States join forces to create new global innovation giants like the next generation of Samsung, Hyundai, and SK.

Reporter Kang Cheongwan has the details.


[Reporter]

Visiting Silicon Valley in the United States, President Lee Jae-myung met with executives from leading global venture capital firms, including Andreessen Horowitz and Khosla Ventures.

President Lee highlighted South Korea's excellent investment environment, including its world-class manufacturing base and digital infrastructure, and urged investments in South Korean startups and venture firms.

Promising to expand investment infrastructure through improvements to the visa system and support from research institutions and pension funds, he proposed combining U.S. investment capabilities with South Korea's technological prowess and manufacturing competitiveness to jointly foster global innovation enterprises akin to a second Samsung.

[President Lee Jae-myung : When the strengths of our two countries are combined, we will be able to jointly create the next generation of Samsung, Hyundai, SK, Naver, and new global innovation enterprises that will lead the world.]

At a luncheon meeting with Korean compatriots held earlier, President Lee emphasized that the global industry can no longer function without South Korean semiconductor factories, pledging to make South Korea an irreplaceable nation.

[President Lee Jae-myung : From now on, I truly want to make South Korea a first-mover that stays half a step ahead of other countries.]

Experts note that through consecutive meetings with global big tech CEOs and the "San Francisco AI Declaration," President Lee has clearly demonstrated his resolve to leapfrog South Korea into an irreplaceable core player in the AI industry.

(Photo: Yonhap News) (Video Reported by Jung Sang-bo, Video Edited by Jeon Min-gyu)
※ Please note: This article was translated by AI and may contain errors.