Samsung and SK Hynix hire former Ministry of Economy and Finance officials

Samsung (三星电子) and SK Hynix (SK海力士) have recently hired former officials from the South Korean Ministry of Economy and Finance to strengthen their global capital market and investor relations. Samsung appointed Lee Hee-kun, a former head of the foreign exchange system division, to its IR team, while SK Hynix hired Jung Yeo-jin, a former strategic economy director, as a vice president under its communications division. Both companies are currently advancing significant production investments in the United States, with Samsung planning a $37 billion foundry in Texas and SK Hynix planning a $4 billion advanced packaging plant in Indiana.