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Samsung's Lee and Intel CEO Gelsinger hold semiconductor talks

Top executives explore chip cooperation amid global supply chain pressures

Intel CEO Pat Gelsinger, left, and Samsung Vice Chairman Lee Jae-yong, right, have met after President Joe Biden recently emphasized the need for technology partnerships between the U.S. and South Korea.

SEOUL -- Samsung Electronics said on Tuesday that Vice Chairman Lee Jae-yong has met with Intel CEO Patrick Gelsinger to discuss how to work together in a wide range of semiconductor businesses, as competition heats up among industry leaders including Taiwan Semiconductor Manufacturing Co. amid global supply chain woes.

"Samsung Electronics Vice Chairman Lee Jae-yong met Intel CEO Patrick Gelsinger" during the latter's visit to South Korea on Monday, Samsung said in a statement. "They discussed how to cooperate between the two companies."

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