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Business trends

Samsung heir faces high price for cold noodles in Pyongyang

South Korean leader wants conglomerate to lead investments in the North

Samsung Electronics Vice Chairman Lee Jae-yong, second from right, enjoys a lunch of cold noodles with South Korean business leaders and North Korean officials at a restaurant in Pyongyang on Wednesday. (Pyongyang Press Corps.)

SEOUL -- As Lee Jae-yong tucked into a lunch of sweet-and-sour cold noodles in Pyongyang on Wednesday, all eyes were on him. The vice chairman of Samsung Electronics is under the spotlight as the key companion to President Moon Jae-in on his third summit with North Korean leader Kim Jong Un.

Lee is part of a 200-member South Korean delegation Moon brought on his three-day visit to the North Korean capital that ends on Thursday. But the 50-year-old may have bitten off more than he could chew.

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