Biden to highlight U.S. chip production — in South Korea

Biden to highlight U.S. chip production — in South Korea

SeattlePI.com

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SEOUL, South Korea (AP) — President Joe Biden will open his trip to Asia with a focus on the U.S. tech sector, touring a Samsung computer chip plant on Friday that will serve as model for a $17 billion semiconductor factory that the Korean electronics company is building outside Austin, Texas.

The visit is also a nod to one of Biden's key domestic priorities of increasing the supply of computer chips. A semiconductor shortage last year hurt the availability of autos, kitchen appliances and other goods. This supply crunch caused higher inflation that has crippled Biden's public approval and caused his administration to focus on increasing domestic manufacturing.

Biden will grapple with a multitude of foreign policy issues during his six-day visit to South Korea and Japan, but he also crafted an itinerary clearly meant to tend to the concerns of his home audience as well.

Previewing the trip aboard Air Force One, White House national security adviser Jake Sullivan said Samsung's investment in Texas will mean “good-paying jobs for Americans and, very importantly, it will mean more supply chain resilience.”

Greeting Biden at the plant in South Korea will be the country's new president, Yoon Suk Yeol, and Samsung Electronics Vice Chairman Lee Jae-yong. Yoon is a political newcomer who became president, his first elected office, slightly more than a week ago. He campaigned on taking a tougher stance against North Korea and strengthening the 70-year alliance with the U.S.

Part of the computer chip shortage is the result of strong demand as much of the world emerged from the coronavirus pandemic. But coronavirus outbreaks and other challenges also caused the closure of semiconductor plants. U.S. government officials have estimated that chip production will not be at the levels they would like until early 2023.

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