U.S. Companies Call for Pardon for Samsung Chief

  • By Lee Yong-soo

    May 21, 2021 11:35

    Lee Jae-yong

    The American Chamber of Commerce in Korea sent a letter to Cheong Wa Dae last week asking for the release of Samsung chief Lee Jae-yong from prison.

    The call came ahead of President Moon Jae-in's first meeting with his U.S. counterpart Joe Biden in Washington on Friday.

    AmCham warned Korea's "status as a strategic partner to the U.S. was at risk if Samsung, the world's biggest chipmaker, was not more fully engaged in supporting Biden's efforts" to boost semiconductor supplies, according to the Financial Times.

    AmCham Chairman James Kim told the daily, "We believe that a pardon of the most important executive of Samsung is in the best economic interest of both the U.S. and Korea."

    AmCham consists of about 800 American companies doing business in Korea.

    Commenting on pardoning Lee on May 10, Moon said, "Though it's said that the matter is in my hands, it's not an easy issue that I can decide as I please." Instead he pledged to listen to many opinions before making a decision.

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