AGP Executive Report
Last update: 3 hours agoHydrogen Push: Hyundai Motor Group showcased automated hydrogen refueling and upgraded commercial-vehicle fuel cells at the World Hydrogen Expo, as South Korea seeks to build out production and transport infrastructure. Telecoms: SK Telecom returned to profit in the third quarter, with revenue up 13.1% as mobile and broadband sales strengthened. AI Investment: South Korea plans to nearly double spending on AI, semiconductors and data centers to 21.3 trillion won in 2027. Trade and Industry: October exports hit a record $115.3 billion, led by surging chip demand. Samsung says nearly 90% of its cumulative $59 billion investment in China is now in advanced industries. Energy and Construction: Seoul and Ankara agreed to deepen nuclear and defense cooperation, including financing work for Türkiye’s planned Sinop plant. Daewoo E&C also won a 350 billion-won contract to build a fertilizer production line in Nigeria.
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