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194 new news items in the last 24 hours
17 November 07:28

Samsung and other major South Korean companies have announced plans for billions of dollars in domestic investments, in the context of a new trade agreement with the USA.

Adrian Rusu
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International
Foto: pixabay.com

On Sunday, Samsung Electronics and other major companies from South Korea revealed plans for domestic investments during a meeting with President Lee Jae Myung, who hopes that these measures will counter fears that companies will prioritize investments in the U.S. This meeting took place shortly after his government finalized a trade agreement with the United States, in which Seoul committed to invest $350 billion in American industries to avoid the high tariffs imposed by the Trump administration. Samsung announced an investment of 450 trillion won ($310 billion) over the next five years to expand its domestic operations, including building a new production line to meet the growing demand for semiconductors. Hyundai Motor Group has planned an investment of 125 trillion won ($86.3 billion) between 2026 and 2030 for research and development in areas such as AI and autonomous vehicles.

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sursa imagine
independent.co.uk
Samsung and other South Korean firms pledge larger domestic investments after US tariff deal
sursa imagine
News.ro
Samsung şi Hyundai anunţă investiţii majore în Coreea de Sud, după acordul comercial cu Statele Unite
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Stiripesurse
Samsung și Hyundai își întorc atenția spre piața internă: planuri majore de investiții în Coreea de Sud

ȘTIRI PE ACELEAȘI SUBIECTE

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International
Trump announces the completion of the agreement with South Korea, which provides for investments of 350 billion dollars in the USA to avoid high tariffs.
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Economy
Samsung Electronics reported on Thursday a significant rebound in earnings, recording an operating profit of approximately 8.54 billion dollars in the third fiscal quarter, more than double that of the previous quarter.
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International
The agreements between the USA and South Korea, including the construction of a nuclear submarine, are delayed due to the necessary negotiations and adjustments.
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IT&C knowledge
Samsung and Nvidia will collaborate to build a "megafactory AI"
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Economy
Toyota announces an additional investment of 10 billion dollars in the USA, increasing the total to nearly 60 billion dollars, in the context of pressures from Washington.
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South Korea investments trade agreement with the USA

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