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President Moon Jae-in, Samsung heir Jay Y. Lee meet for the first time in India

2018.07.10 13:47:34 | 2018.07.10 13:50:47
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[Photo by Kim Jae-hoon]

[Photo by Kim Jae-hoon]

South Korean President Moon Jae-in and Indian Prime Minister Narendra Modi attended the opening ceremony of Samsung Electronics Co.’s smartphone manufacturing plant in Noida, India, on Monday, guided by Jay Y. Lee, vice chairman of Samsung Electronics who made his first appearance since being freed from the prison in February. Lee showed the two leaders around the cutting-edge plant that the world’s largest smartphone maker invested $714 million to build to better penetrate into the world’s second populous country. Moon and Lee briefly talked for the first time as Samsung Group has been under all-around scrutiny from regulators since the liberal president took office in May last year. Lee had been imprisoned when Moon was inaugurated. Lee still faces the Supreme Court ruling on the bribery case connected to ousted President Park Geun-hye.

[ⓒ Pulse by Maeil Business News Korea & mk.co.kr, All rights reserved]



  • Seoul Wed 14 November 2018
  • WED


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