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Korea's top 4 groups eyeing greater presence in US market

Korea s top 4 groups eyeing greater presence in US market ....

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S. Korean firms set to announce massive U.S. investment plans

The South Korea-U.S. summit this week is expected to be accompanied by major investment in the U.S. by four of South Korea s largest conglomerates Samsung, SK, Hyundai Motors and LG.
More than 35 billion U.S. dollars of investment in total is projected in industries such as semiconductors and batteries.
As an unofficial business entourage, the groups officials have been heading to the U.S. from Wednesday ahead of the summit.
Led by Vice Chairman Kim Ki-nam, Samsung Electronics is likely to reveal further details about its plans to inject some 17 billion U.S. dollars into its foundry business. ....

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S. Korean Conglomerates to Announce Massive Investment Plans Alongside Summit

Photo : YONHAP News
All eyes are on potential U.S. investment plans by major South Korean businesses, as many of their chief executives are accompanying President Moon Jae-in during his visit to the U.S.
According to business sources, representatives of the Big 4 conglomerates boarded flights heading to Washington on Wednesday and Thursday ahead of a planned summit between President Moon and U.S. President Joe Biden in the U.S. capital on Friday.
The representatives, including SK Group Chairman Chey Tae-won and Samsung Electronics Vice Chairman Kim Ki-nam, will likely attend business gatherings hosted by the U.S. Department of Commerce. ....

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Hyundai, SK join hands to build hydrogen ecosystem

Hyundai, SK join hands to build hydrogen ecosystem
Posted : 2021-03-02 17:33
Updated : 2021-03-03 09:10
Prime Minister Chung Sye-kyun, center, poses with Hyundai Motor Group Chairman Chung Euisun, third from left, and SK Group Chairman Chey Tae-won, fifth from left, during a signing ceremony for an MOU on hydrogen related businesses between Hyundai Motor Group, SK Group and Incheon Metropolitan City, at SK Incheon Petrochem, Tuesday. From left are Incheon Seo-gu Office Head Lee Jae-hyun, Incheon Mayor Park Nam-choon, Chung, Prime Minister Chung, Chey, Hyundai Motor President Kong Young-woon and SK E&S CEO Choo Hyeong-wook. Courtesy of Hyundai Motor Group ....

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Hyundai, LG backing gov't green vehicle drive

Hyundai, LG backing gov t green vehicle drive
Posted : 2021-02-18 16:44
Updated : 2021-02-19 09:23
Prime Minister Chung Sye-kyun, fifth from left, poses with Hyundai Motor Group Chairman Chung Euisun, fourth from left, and other participants of an MOU signing ceremony on an electric vehicle battery leasing business at Hyundai Motor Group s research center in Hwaseong, Gyeonggi Province, Thursday. From left are Hyundai Glovis President Kim Jung-hoon, Hyundai Motor President Kong Young-woon, Trade, Industry and Energy Minister Sung Yun-mo, Chairman Chung, Prime Minister Chung, LG Energy Solution President Kim Jong-hyun and KST Mobility CEO Lee Haeng-yeol. Courtesy of Hyundai Motor Group
By Nam Hyun-woo ....

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