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Lee Jae-myung says he will respect corporate judgment on expanding U.S. semiconductor plants

South Korean President Lee Jae-myung said on Thursday the scale of any additional semiconductor plant construction in the United States involves corporate management decisions and South Korea’s industrial strategy, and that the government will reach a reasonable conclusion that protects national interests while respecting companies’ views. He also described talks over a $350 billion investment package with the United States as complex, and said a planned announcement has effectively fallen through as disputes continue over commercial rationality and investment returns.