U.S. investment Archives | Be Korea-savvy

Samsung Tipped to Ramp Up U.S. Investment as Biden Vows More Spending: Analysts

SEOUL, April 13 (Korea Bizwire) — Samsung Electronics Co., the world’s largest memory chip producer, is likely to accelerate its investment in the United States as U.S. President Joe Biden urged more spending in the chipmaking sector to resolve the chip shortage and build up a stable supply chain, analysts here said Tuesday. Samsung was [...]

Energy-focused SK Group to Invest $10 bln in U.S. over 3 yrs

WASHINGTON/SEOUL, Sept. 20 (Korea Bizwire) — SK Group, an energy-to-telecom focused conglomerate, plans to invest US$10 billion over the next three years in the United States, the group’s chief has said, as it seeks to expand its presence in the world’s largest economy. SK Group Chairman Chey Tae-won made the remarks during a corporate event [...]