South Korea's SK Group on Tuesday announced plans to invest $22 billion in the United States on industries including semiconductors, green energy and bioscience, which the White House said will create tens of thousands of domestic jobs while helping ease global supply chain snarls that have persisted during the coronavirus pandemic.
President Joe Biden, who continues to isolate in the White House residence after testing positive for COVID-19 last week, met virtually with SK Group Chairman Chey Tae-won and called it a “historic and pathbreaking announcement."
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