[Market Eye] Chips, batteries, nuclear tech emerge as key agenda in Yoon-Biden summit

US President Joe Biden (left) and South Korean President Yoon Suk-yeol (second from left) visit the Samsung Electronic Pyeongtaek Campus in Pyeongtaek, South Korea (Reuters-Yonhap)US President Joe Biden’s trip to Asia and his choice of South Korea as his first stop underscore Washington’s willingness to address global supply chain uncertainties largely posed by Russia’s invasion of Ukraine, along with efforts to counter dependence on China.This can be achieved by strengthening collaboration with technology powerhouses in Asia’s fourth-largest economy, the summit between President Yoon Suk-yeol and Biden showed.To this end, Yoon and Biden called on the need for more investment, research and people-to-people exchanges of experts to nurture innovative products and technologies from Korea and the US, including thinner semiconductor chips, the batteries that power electric…

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