Samsung Electronics chief heads to Washington after $16.5 billion Tesla chip deal

FILE PHOTO: Samsung Electronics Chairman Jay Y. Lee attends a meeting with Chinese President Xi Jinping (not pictured), at the Great Hall of the People in Beijing, China March 28, 2025. REUTERS/Florence Lo/ File Photo

SEOUL (Reuters) -The chairman of South Korea's Samsung Electronics Jay Y. Lee departed on Tuesday to Washington for a business trip, a company spokesperson said, a day after unveiling a $16.5 billion deal to supply chips made in Texas to Tesla.

The Yonhap News Agency said in a report Lee was expected to support ongoing trade talks between South Korea and the United States during his trip.