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Lee Meets Silicon Valley VCs, Eyes Next Generation of Korean Giants
🇰🇷 South Korea /Technology

Lee Meets Silicon Valley VCs, Eyes Next Generation of Korean Giants

From Chosun Ilbo · () Korean

Translated from Korean, summarized and contextualized by DistantNews.

At a glance

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  • South Korean President Lee Jae-myung met with Silicon Valley venture capitalists during his U.S. visit.
  • He expressed confidence that combining the strengths of both countries could create the next generation of major Korean companies and global innovators.
  • The government aims to make South Korea the most attractive place in the world for investment and startups.

During his visit to the United States, South Korean President Lee Jae-myung met with venture capital firms operating in Silicon Valley. He articulated a vision for future economic growth, stating, "If the strengths of both countries are combined, we can create the next generation of Samsung, Hyundai, SK, Naver, and world-leading innovative companies."

President Lee emphasized his administration's commitment to fostering a favorable environment for entrepreneurship. Speaking at a Silicon Valley venture capital meetup, he declared, "The South Korean government will make it the most attractive place in the world to invest and start a business."

If the strengths of both countries are combined, we can create the next generation of Samsung, Hyundai, SK, Naver, and world-leading innovative companies.

— President Lee Jae-myungSpeaking at a Silicon Valley venture capital meetup during his U.S. visit.

The president's remarks signal a strategic focus on leveraging international partnerships and technological innovation to drive economic development and cultivate globally competitive enterprises.

The South Korean government will make it the most attractive place in the world to invest and start a business.

— President Lee Jae-myungAddressing venture capitalists in Silicon Valley.
DistantNews Editorial

Originally published by Chosun Ilbo in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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