Lee said the South Korean government can provide prompt support because of its experience from previous disease outbreaks.
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Lee was convicted of collecting 5.9 billion won (.2 million) in bribes from Samsung Group, the country's biggest family-controlled conglomerate.
LeEco began as a streaming site in 2004 known as Letv, before branching out into music, telecommunication and cars. One of its goals was to top Elon Musk's Tesla Motors.
Lee, a former investment banker, also taught economics and finance at Peking University and New York University and has made frequent guest appearances on major TV networks.
Lemire reported from New York. Associated Press writers Jill Colvin and Alan Fram contributed to this report from Washington.
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Lau Siu-kai, vice-president of the Chinese Association of Hong Kong and Macao Studies, thinks the opposition camps, as part of their political agenda, will pressure the Court of Final Appeal to rule the mask ban unconstitutional.
Lei further explained that the 28-nm chips can be widely used in areas including mobile phone communication, the internet of things and artificial intelligence.
LeEco declined to comment when contacted by Reuters.
Lee made the remark at an interdepartmental news conference on Monday.