Korean firm's $22B investment will mean new US jobs, WH says

Business News News

Korean firm's $22B investment will mean new US jobs, WH says
Business Business Latest News,Business Business Headlines

South Korea’s SK Group plans to invest $22 billion in the United States on industries including semiconductors, green energy and bioscience

  • 📰 WOKVNews
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

last week, met virtually with SK Group Chairman Chey Tae-won and called it a"historic and pathbreaking announcement."

SK Group's investments will include $15 billion in the semiconductor industry through research and development programs, as well as materials and a testing and packaging facility, which will help address supply chain problems, the conglomerate said in a statement. “In the past, these kinds of technology investments went to China,” Biden said. “Today, and in my administration, these types of technology investments are coming to the United States.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

WOKVNews /  🏆 247. in BUSİNESS
 

Business Business Latest News, Business Business Headlines



Render Time: 2025-01-16 09:27:04