Hyundai chief joins Samsung, Hanwha in US tariff blitz

Hyundai Motor Group Executive Chair Chung Eui-sun will visit Washington on July 30 to back South Korea’s final-stage trade negotiations with the US, joining Samsung Chairman Lee Jae-yong and Hanwha Vice Chair Dong-kwan (DK) Kim in lobbying efforts. The talks aim to reduce the 25% US import tariff on cars, a key issue for Korean automakers seeking to maintain price competitiveness.

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CILS targets smart manufacturing with new-gen AI autonomous mobile robots

Coretronic subsidiary Coretronic Intelligent Logistics Solutions (CILS) will unveil its new generation of artificial intelligence autonomous mobile robots (AMR) and SmartMove intelligent handling system at the 2025 World AI Vision Exhibition (WAVE), also referred to as the AI WAVE Show. The company is actively deploying in key application areas, including third-party logistics, the artificial intelligence server supply chain, smart logistics, and smart manufacturing.

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Samsung maps foundry future post-Tesla deal: eyes 2026 Taylor ramp and broader US client base

During the earnings call for second quarter results, Samsung Electronics declined to provide further information regarding its US$16.5 billion foundry deal with Tesla, while noting its competitiveness in advanced process technologies that is expected to significantly boost utilization at its new Taylor, Texas facility, which is set to ramp up operations in 2026.

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