India's Mukesh Ambani to visit Korea for meeting with Lee Jae-yong

SEOUL, November 19 (AJP) - Mukesh Ambani, chairman of India’s Reliance Group known as Asia’s wealthiest individual, is scheduled to visit South Korea next week for discussions on artificial intelligence and next-generation communications technology with Samsung Electronics Chairman Lee Jae-yong.

Industry sources said Ambani will arrive on Nov. 25 for a two-day visit accompanied by his son, Akash Ambani, chairman of Reliance Jio Infocomm. The trip will include a tour of Samsung’s Suwon complex and a dinner meeting with Lee.

The two sides are expected to explore deeper cooperation in AI data centers and the development of 6G technologies, areas where both companies have been accelerating investment.

Reliance Group has diversified businesses spanning telecommunications, petrochemicals, steel, finance and retail. Ambani’s personal wealth is estimated at about $80 billion, securing his position as Asia’s richest individual.

Reliance Jio, India’s largest mobile operator, is rolling out a nationwide 5G network while advancing early 6G research and expanding its AI infrastructure — moves that have fueled expectations of closer collaboration with Samsung.

Lee, who has stepped up engagement with global tech leaders including Nvidia, Tesla and Meta, is seen as eager to strengthen Samsung’s AI and telecom footprint in India through its ties with Reliance.

The Samsung chief has maintained close personal relations with the Ambani family and was the only South Korean business leader invited to the weddings of Ambani’s children, including the youngest son’s ceremony last year.