Lee Jaeyong Meets President Lee in Blue Tie: "60,000 Hires Over 5 Years"... Chey Taewon Pledges 600 Trillion Won Investment in Yongin Alone

On November 16, just two days after the announcement of the "Joint Fact Sheet" summarizing the results of the Korea-US tariff negotiations, President Lee Jaemyung met with the heads of major business groups at the Yongsan Presidential Office and called on them to "turn external crises into opportunities for expanding domestic investment, employment, and industrial advancement." In response, the leaders of major groups such as Samsung, SK, Hyundai Motor, LG, HD Hyundai, and Celltrion unveiled plans for investments amounting to hundreds of trillions of won and large-scale recruitment. Lee Jaeyong, Chairman of Samsung Electronics, was the first to speak, stating, "Companies are greatly relieved by the conclusion of the tariff negotiations. Mr. President, you have worked tirelessly for this result," and added, "Based on this outcome, we will actively cooperate with the government to ensure there are no setbacks in follow-up measures." Chairman Lee said, "Some are concerned that domestic i

Blue House

11.16 17:16

[Breaking] Koo Kwangmo: "LG to invest 100 trillion won in Korea over 5 years... 60% in materials, parts, and equipment"

[Breaking] Koo Kwangmo: "LG to invest 100 trillion won in Korea over the next 5 years... 60% allocated to materials, parts, and equipment"

Blue House

11.16 17:13

[Breaking] Chung Euisun: "Hyundai Motor to invest 125 trillion won domestically between 2026 and 2030... 10,000 new hires next year"

Blue House

11.16 17:11

[Breaking] Chey Tae-won: "SK Yongin Semiconductor Cluster alone has potential for 600 trillion won investment... 14,000 to 20,000 jobs created annually"

[Breaking] Chey Tae-won: "SK Yongin Semiconductor Cluster has potential for 600 trillion won in investment... Expected to create 14,000 to 20,000 jobs annually"

Blue House

11.16 17:09

President Lee Meets Business Leaders: "Concern Over Weakened Domestic Investment Due to Increased US Investment"... Urges Efforts for 'Grand Labor-Management Compromise'

President Lee Jaemyung, following the announcement of the 'Joint Fact Sheet (JFS)' outlining the results of the Korea-US trade and security negotiations, met with major business leaders and urged them to turn external crises into opportunities for expanding domestic investment, job creation, and industrial advancement. He specifically stated that the government would focus on swiftly eliminating regulations that hinder business activities, while also actively introducing new methods such as injecting fiscal resources into subordinated bonds for research and development (R&D) and venture investments. Regarding labor-management issues, he emphasized that he does not view labor and management as fundamentally adversarial, and ultimately called for a grand social compromise. On the afternoon of the 16th, during the 'Korea-US Tariff Negotiation Follow-up Public-Private Joint Meeting' held at the presidential office in Yongsan, President Lee said, "This Korea-US tariff negotiation was not a

Blue House

11.16 16:42

[Breaking] Lee Jae-yong: "60,000 to be hired in Korea over the next five years"... AI data centers to be located outside the capital region

[Breaking] Lee Jae-yong: "We will hire 60,000 people in Korea over the next five years"... AI data centers to be located outside the capital region as a principle

Blue House

11.16 16:08

[Breaking] President Lee: "The government will take on subordinated positions in corporate venture investments... We will do everything we can"

Blue House

11.16 16:08

[Breaking] President Lee: "Labor and management are not fundamentally opposed... A grand social compromise is necessary"

Blue House

11.16 16:07

President Lee Arrives in Abu Dhabi... UAE Escorts with Four Fighter Jets

Lee Jaeyong Meets President Lee in Blue Tie: "60,000 Hires Over 5 Years"... Chey Taewon Pledges 600 Trillion Won Investment in Yongin Alone

[Breaking] Koo Kwangmo: "LG to invest 100 trillion won in Korea over 5 years... 60% in materials, parts, and equipment"

[Breaking] Chung Euisun: "Hyundai Motor to invest 125 trillion won domestically between 2026 and 2030... 10,000 new hires next year"

[Breaking] Chey Tae-won: "SK Yongin Semiconductor Cluster alone has potential for 600 trillion won investment... 14,000 to 20,000 jobs created annually"

President Lee Meets Business Leaders: "Concern Over Weakened Domestic Investment Due to Increased US Investment"... Urges Efforts for 'Grand Labor-Management Compromise'

[Breaking] Lee Jae-yong: "60,000 to be hired in Korea over the next five years"... AI data centers to be located outside the capital region

[Breaking] President Lee: "The government will take on subordinated positions in corporate venture investments... We will do everything we can"

[Breaking] President Lee: "Labor and management are not fundamentally opposed... A grand social compromise is necessary"

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