President Joe Biden, who continues to isolate in the White House residence after testing positive for COVID-19 last week, met virtually with SK Group Chairman Chey Tae-won and called it a “historic and path-breaking announcement.”
It is “proof that we’re meeting the emergency in the climate crisis with urgency and opportunity and innovation to save the planet and create good-paying jobs,” Biden said.
SK Group’s investments will include $15 billion in the semiconductor industry through research and development programs, as well as materials and a testing and packaging facility, which will help address supply chain problems, the conglomerate said in a statement.
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