Chey Tae-won, chairman of SK Group, recently met with Andy Kim, the first Korean American federal senator from New Jersey, in Washington, D.C., to discuss semiconductor cooperation and regional innovation projects.
According to reports on October 14, Chey and Senator Kim discussed ways for SK Group to participate in U.S.-Korea economic cooperation centered on semiconductors and innovation projects in New Jersey. Yoo Jung-jun, vice chairman of SK Hynix, who recently transitioned from SK Inc., also attended the meeting.
Senator Kim stated on his social media, "SK Group's investment in the U.S. is an excellent example of the economic partnership between the U.S. and Korea, and it is a relationship we must continue to develop."
He added, "As we work on building the 'Einstein Corridor' for innovation in New Jersey, I look forward to collaborating with SK Group on various issues, including semiconductor production and workforce development in the U.S."
The Einstein Corridor is a regional innovation project proposed by Kim last December at Rutgers University. It aims to connect universities, research institutions, and businesses in New Jersey to promote research and development (R&D) and commercialization in advanced industries such as artificial intelligence (AI), semiconductors, and life sciences. During the meeting, Kim reportedly requested Chey to collaborate on this initiative.
SK Group is also enhancing its local advocacy capabilities in the U.S. Recently, Solidigm, a subsidiary of SK Hynix that is pursuing an initial public offering (IPO) in the U.S., appointed Andres Castrillon, former senior director of Qualcomm's government affairs, as its new vice president for government relations. This marks the first time Solidigm has appointed a head of government relations since its establishment in 2021.
Additionally, SK Americas, which oversees SK Group's North American government relations, has recently hired Ballard Partners, a lobbying firm based in Washington, D.C., to respond to U.S. semiconductor policies. The lobbying disclosure report registered with the U.S. Congress specifies that monitoring semiconductor-related policies and trends is a lobbying purpose.
* This article has been translated by AI.
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