President Lee Discusses Regional Semiconductor Investments with Samsung's Lee
President Lee Jae-myung met with Samsung Electronics Chairman Lee Jae-yong at the Blue House. According to Yonhap News on June 25, President Lee discussed plans for regional investments in semiconductor facilities during their hour-long meeting that afternoon.
Earlier, on June 19, President Lee met with SK Group Chairman Chey Tae-won at the Blue House to exchange views on regional semiconductor investment plans.
A meeting scheduled for June 29 at the Blue House will reveal investment plans for semiconductor clusters in the Honam and Chungcheong regions by Samsung Electronics and SK Hynix.
President Lee: Diversifying Strategic Industries Essential for Balanced Growth
On June 25, President Lee emphasized the need for significant investments in advanced core industries across regions like Yeongnam, Chungcheong, Gangwon, Jeju, and Honam to overcome the dominance of the Seoul metropolitan area. During a meeting with senior advisors at the Blue House, he stated, "The key to advancing our nation is to ensure fair growth opportunities across South Korea."
He noted that the remarkable growth of certain industries has not reached 90% of the country, potentially worsening regional disparities. He warned that if the dominance of the Seoul area continues, the positive changes currently being experienced could quickly dissipate.
Government Finalizes Position on Abolishing Prosecutorial Supplementary Investigation Rights
The government has established its final stance on abolishing supplementary investigation rights as part of ongoing discussions about prosecutorial reform, including the establishment of a Public Prosecutor's Office and a Serious Crimes Investigation Agency. However, it will not present a separate legislative proposal, opting to follow whatever is decided by the National Assembly.Prime Minister Kim Min-seok held a briefing on June 25 at the Government Seoul Building, stating, "The fundamental principle of the Lee Jae-myung administration's prosecutorial reform is the separation of investigation and prosecution." He added that this aims to rationally redefine prosecutorial authority and better protect citizens' fundamental rights.
He reiterated his consistent position that supplementary investigation rights for prosecutors should be abolished and confirmed that this has been finalized as the government's basic stance after considering various opinions.
GS Group Accelerates AI Data Center Development, Considering Locations
GS Group is rapidly advancing its entry into the artificial intelligence (AI) data center business.According to Yonhap News on June 25, GS is currently negotiating with the government regarding the site and scale for establishing AI data centers in South Korea.
The potential sites under consideration are Dangjin in South Chungcheong Province and Donghae in Gangwon Province, with plans to build data centers of approximately 1.2 gigawatts each.
Dangjin is home to a liquefied natural gas (LNG) combined cycle power plant operated by GS EPS, while Donghae hosts a coal-fired power plant operated by GS Donghae Power.
Venezuela Earthquake Death Toll Rises to 164 Amid Ongoing Rescue Efforts
A series of earthquakes in Venezuela has resulted in at least 164 fatalities and 971 injuries, according to reports on June 25 (local time).As reported by Yonhap News, citing Reuters and other foreign media, interim President Delcy Rodriguez announced that the death toll from the magnitude 7.2 and 7.5 earthquakes, which struck around 6 PM the previous day, has significantly increased from the 32 deaths and 700 injuries reported earlier.
The Venezuelan government has declared a state of emergency and has intensified rescue operations, with support from the international community continuing to flow in.
* This article has been translated by AI.
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