What Did South Korean President Lee and Dutch PM Discuss About Semiconductors?
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Synopsis
In a recent phone call, South Korean President Lee Jae Myung and Dutch Prime Minister Dick Schoof explored opportunities for strengthening their nations' cooperation in semiconductors. Their dialogue also touched on advancements in AI, cybersecurity, and the establishment of a task force for a next-generation power grid, highlighting the growing partnership between the two countries.
Key Takeaways
- Strengthening bilateral cooperation in semiconductors is a priority for both nations.
- A task force has been established to create an AI-driven power grid.
- Efficient energy use and renewable energy integration are key goals.
- Both countries are committed to enhancing trade and investment.
- They aim to foster new business models in the energy sector.
Seoul, Aug 11 (NationPress) President Lee Jae Myung of South Korea engaged in a phone conversation with Dutch Prime Minister Dick Schoof on Monday, focusing on enhancing their mutual collaboration in the semiconductor industry and other sectors, according to his office.
During their inaugural phone discussion, Schoof congratulated Lee on his recent inauguration and expressed optimism that the amicable relationship between the two nations would strengthen with the new administration, as noted by presidential spokesperson Kang Yu-jung in a written briefing, reported by Yonhap News Agency.
Lee urged for proactive communication across all levels to elevate their relationship as strategic partners within the semiconductor field.
Both parties emphasized the deepening collaboration between their nations in recent years across various domains, including trade, investment, artificial intelligence, and cybersecurity, and reached a consensus to broaden their exchanges.
On August 8, South Korea's Industry Minister announced the establishment of a task force (TF) aimed at developing a next-generation power grid that employs artificial intelligence (AI) to enhance efficiency in electricity supply.
This task force was initiated following President Lee Jae Myung's call last week for the creation of a smart power grid that integrates the entire nation with optimal power generation, storage, and consumption, as stated by the Ministry of Trade, Industry and Energy, according to Yonhap News Agency.
The TF includes relevant government bodies such as the finance, industry, science, and land ministries, along with public entities like Korea Electric Power Corp. and Korea Power Exchange.
The proposed next-generation power grid aims to utilize AI technology to effectively deliver renewable energy without extensive new infrastructure development, responding to the growing demand for electricity driven by technological advancements, the ministry elaborated.
This initiative will also facilitate efficient power usage and bolster the nation's energy security, the ministry added.
"We are currently in an age where electricity is crucial for survival, and to provide affordable and cleaner energy reliably, we require a next-generation power grid leveraging AI technology," remarked Second Vice Industry Minister Lee Ho-hyeon, who leads the new task force.
"By constructing dense, localized power grids and interconnecting them, we will transform our national power grid," he continued.
The vice minister also indicated that the government will endeavor to cultivate new business models within the power market, such as virtual power plants, to foster sustainable growth in the energy sector and invigorate local economies.
Point of View
It's vital to recognize the strategic importance of South Korea and the Netherlands strengthening their ties in the semiconductor industry. This collaboration underscores our commitment to innovation and economic growth while addressing global energy challenges. By fostering communication and partnership, both nations can lead in technological advancements that benefit their economies and the international community.
NationPress
19/08/2025
Frequently Asked Questions
What was the main topic of discussion between the South Korean President and Dutch Prime Minister?
The main topic of discussion was enhancing bilateral cooperation in the semiconductor sector and other related areas.
What initiative did South Korea announce regarding the power grid?
South Korea announced the formation of a task force aimed at developing a next-generation power grid utilizing artificial intelligence to improve efficiency.
Who is leading the task force for the new power grid?
The task force is led by Second Vice Industry Minister Lee Ho-hyeon.
