President Joe Biden is tending to both business and security interests as he wraps up a three-day visit to South Korea.
"The Republic of Korea and the United States are standing together as part of a global response,” Biden said his during the first trip to Asia as president.SEOUL, South Korea -- President Joe Biden tended to both business and security interests Sunday as he wrapped up a three-day visit to South Korea, showcasing Hyundai’s pledge to invest at least $10 billion in electric vehicles and related technologies in the United States.
Before leaving South Korea and heading to Japan, Biden appeared with Hyundai chief executive Eusiun Chung to highlight the company's expanded investment in the United States, including $5.5 billion for an electric vehicle and battery factory in Georgia. Earlier in his trip, Biden toured a computer chip plant run by Samsung, the Korean electronics giant that plans to build a $17 billion production facility in Texas.
During the Samsung visit, Biden called on Korean companies building plants in the U.S. to hire union workers. In addition to its coming Texas plant, Samsung has a deal in place with Stellantis to build an electric vehicle battery manufacturing plant in the U.S.
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