Overview

• The Federation of Korean Industries announced roughly $150 billion in new U.S. investments from South Korean companies spanning AI, chips, biotech, shipbuilding and nuclear energy.
• Hyundai Motor Group raised its U.S. commitment to $26 billion through 2028, detailing a 2.7‑million‑ton Louisiana steel mill, a robotics plant with 30,000‑unit annual capacity and a significant expansion of U.S. vehicle production.
• Seoul said it is working with Washington on a memorandum of understanding to steer the $350 billion financial package targeting key minerals, batteries, semiconductors, pharmaceuticals, artificial intelligence and quantum computing, with up to $150 billion earmarked for shipbuilding.
• Major deals disclosed at the summit included Korean Air’s order for 103 Boeing jets worth $36.2 billion plus a $13.7 billion GE Aerospace agreement, and Korea Gas Corp’s long‑term purchases of 3.3 million tonnes of LNG annually from 2028, largely sourced from the United States.
• Shipbuilding cooperation advanced through an HD Hyundai–Korea Development Bank MOU with Cerberus to bolster U.S. maritime capacity and a Samsung Heavy Industries–Vigor Marine agreement covering Navy support ship work, modernization and joint construction.