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Biden: South Korean chip plant a model for deeper ties to Asia

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The Democrat’s first visit to Asia as president came as polling released Friday by The Associated Press-NORC Center for Public Affairs Research found Biden’s U.S. approval rating at 39%, the lowest point of his presidency.
Korea President Joe Biden opened a trip to Asia on Friday by touring a South Korean computer chip factory that will be the model for another plant in Texas, offering it as a way to deepen ties with the Indo Pacific and fuel technological innovation and foster vibrant democracies.
“So much of the future of the world is going to be written here, in the Indo Pacific, over the next several decades,” Biden said. “This is the moment, in my view, to invest in one another to deepen our business ties, to bring our people even closer together.”
Biden’s message was pitched toward the promise of a better tomorrow, yet was also aimed at U.S. voters amid political challenges at home, such as inflation driven higher by the chip shortage, as he tries to show that his administration is delivering on economic growth. US President Joe Biden, right, speaks with South Korean President Yoon Suk-youl next to him during a press conference after a visit to the Samsung Electronic Pyeongtaek Campus, in Pyeongtaek, South Korea, Friday. May 20. (Kim Min-hee/AP)
The Democrat’s first visit to Asia as president came as polling released Friday by The Associated Press-NORC Center for Public Affairs Research found Biden’s U.S. approval rating at 39%, the lowest point of his presidency. The survey also found deepening pessimism about the economy and the state of the United States — especially among Democrats. About 2 in 10 U.S. adults say the country is headed in the right direction or described the economy good, down from about 3 in 10 in April. Among Democrats, just 33% say the country is on the right track, down from 49% last month. Samsung, the chip plant’s owner, last November announced plans to open a $17 billion semiconductor factory in Texas. A semiconductor shortage last year hurt the availability of autos, kitchen appliances and other goods, causing higher inflation worldwide and crippling Biden’s public approval among U.S. voters. The president noted that the Texas plant would add 3,000 high-tech jobs and the construction would include union labor.
“These little chips,” Biden said in remarks after he toured the plant, “are the key to propelling us into the next era of humanity’s technological development.”
US President Joe Biden, left, and South Korean President Yoon Suk Yeol visit the Samsung Electronics Pyeongtaek campus, Friday, May 20, 2022, in Pyeongtaek, South Korea.

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