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Samsung, Hyundai Lead Massive Korea Investment Pledge After U.S. Tariff Deal

Seoul secured lower U.S. tariffs in exchange for a $350 billion U.S. investment commitment, prompting promises of deregulation to sustain domestic capacity.

Posters showing images of U.S. President Donald Trump and South Korean President Lee Jae Myung are seen at a subway gate during a rally against the government's labor policy and U.S. President Donald Trump's tariffs policy on South Korea, in Seoul, Saturday, Nov. 8 2025. The signs read "Stop the unprecedented negotiations! and Withdraw of US troops!" (AP Photo/Ahn Young-joon)
FILE - President Donald Trump shakes hands with South Korean President Lee Jae Myung as he receives a gift of a gold crown and an award of the Grand Order of Mugunghwa, not seen, during a high honor ceremony at the Gyeongju National Museum in Gyeongju, South Korea, Oct. 29, 2025. (AP Photo/Mark Schiefelbein, File)
President Lee Jae Myung (4th from L) poses with (from L to R) Lee Hae-jin, Naver's board chairman; SK Group Chairman Chey Tae-won; Nvidia CEO Jensen Huang; Samsung Electronics Chairman Lee Jae-yong; and Hyundai Motor Group Executive Chair Euisun Chung, ahead of their meeting during the Asia-Pacific Economic Cooperation gathering in Gyeongju, South Korea, in this Oct. 31, 2025, file photo. (Yonhap)
A logo of Samsung Electronics is seen at an exhibition hall for the Asia-Pacific Economic Cooperation (APEC) in Gyeongju, South Korea, Thursday, Oct. 30, 2025. (AP Photo/Lee Jin-man)

Overview

  • President Lee Jae Myung met chiefs of Samsung, Hyundai, SK and LG to coordinate follow-up to the joint U.S.–Korea fact sheet, as the firms unveiled large Korea-focused investment plans.
  • Samsung announced 450 trillion won over five years, including construction of the Pyeongtaek Line 5 semiconductor plant set to start operations in 2028 and new AI data centers in South Jeolla and Gumi.
  • Hyundai Motor Group detailed a 125.2 trillion won plan for 2026–2030 spanning AI, SDVs, robotics, R&D and production, and said it will retroactively cover 2025 U.S. tariff costs for key partner suppliers.
  • SK Group said it will invest 128 trillion won through 2028 to expand domestic chip capacity with four fabs at its Yongin cluster, adding the Yongin program could grow toward roughly 600 trillion won over time.
  • The deal cuts U.S. tariffs on Korean cars and parts to 15 percent from 25 percent as Seoul pledges $350 billion for U.S. strategic sectors, while Lee vowed deregulation and new financial tools such as first-loss support to keep investment and jobs in Korea.