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Will China ask for Samsung's investment during chairman's visit?
Samsung Electronics Executive Chairman Lee Jae-yong is expected to meet with key Chinese business partners during his visit to Beijing to attend the China Development Forum (CDF), stoking speculation over whether Beijing will push for fresh investment in the company’s chip operations, particularly NAND flash memory, in China. According to industry officials, Lee is attending CDF, which opened at Diaoyutai State Guesthouse in Beijing Sunday for a two-day run. After finishing the official forum schedule, he is expected to stay in China for a few more days to review local business operations and meet with heads of partner companies. His trip comes as Beijing is stepping up efforts to court foreign investment from global tech businesses. This year’s CDF brings together 88 global executives, including Lee, Apple CEO Tim Cook and SK hynix CEO Kwak Noh-jung, under the theme “China in its 15th Five-Year Plan Period: Advancing High-Quality Development and Creating New Opportunities Together.” The forum has long served as a key platform for Chinese policymakers and senior officials to eng
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