South Korea’s largest companies announced major new domestic investments after President Yoon Suk-yeol met with top business leaders to discuss the country’s new trade...
Samsung, Hyundai and other major conglomerates pledged massive new domestic investments and hiring after Korea’s latest tariff deal with the United States, even as the agreement ties lower U.S. tariffs to a $350 billion American investment package and strict performance conditions.
Elon Musk split AI5 and AI6 chip orders between Samsung Electronics and TSMC to boost capacity and control costs, while advancing a mega-fab vision. The current Samsung contract totals $16.5 billion, with mass production of AI5 targeted for 2027 and AI6 for 2028.
Top Korean conglomerate chiefs including Lee Jae-yong, Chey Tae-won, and Chung Eui-sun will meet former President Donald Trump at Mar-a-Lago to discuss tariff issues and AI cooperation.
Samsung will unveil the Galaxy Z Fold 7 and Z Flip 7 at Galaxy Unpacked 2025 in New York, showcasing slimmer designs and key hardware upgrades amid rising competition.