Samsung, SK hynix to ink large chip supply deals with US firms

Samsung Electronics and SK hynix are set to unveil major agreements involving “very large” sums with leading US technology companies during President Lee Jae Myung’s visit to Silicon Valley, a senior presidential official said.

The announcements would likely include new long-term memory chip supply deals, strategic investment partnerships and memorandums of understanding, presidential policy chief Kim Yong-beom told reporters Thursday.

He declined to disclose the value of the deals ahead of comp ...