<Anchor>
US President Biden held a video conference with leading semiconductor-related companies from around the world, including Samsung Electronics.
President Biden said China is not waiting and will make aggressive investments in semiconductors and batteries.
This is Kim Soo-hyung, correspondent from Washington.
<Reporter>
19 companies around the world were invited to the White House semiconductor video conference convened to respond to the global semiconductor chip shortage.
Among the consignment manufacturers of semiconductors, Samsung Electronics and TSMC in Taiwan attended, while Ford, GM, and electronics were among the automakers, and Google and AT&T were among the telecom companies.
US President Biden has pledged aggressive investments in semiconductors and batteries, referring directly to rival China.
[Biden/US President: China and other countries around the world are not waiting.
There is no reason for America to wait.
We are making aggressive investments in the semiconductor and battery sectors.]
Lifting semiconductor wafers, he stressed that the United States will lead the world in the semiconductor sector to build infrastructure in the United States.
[Biden/US President: This chip is a wafer for batteries and Internet networks.
These are all infrastructure facilities.
We need to build today's infrastructure.]
Samsung Electronics is investing 20 trillion won to build an additional semiconductor plant and is considering Austin, Texas as a prime candidate.
Amid the fierce competition for semiconductor supremacy between the US and China, this meeting is also expected to intensify pressure from the US to demand investment in domestic facilities to contain China.