Reported about 21 hours ago
South Korea's major companies are grappling with the aftermath of a significant US immigration raid at a Hyundai-LG battery facility in Georgia, which has raised apprehensions about future investments. The operation led to immediate concerns for LG Energy about delaying its EV battery production and prompted Hyundai to restrict US travel for its employees. This situation has highlighted the challenges faced by foreign firms in acquiring adequate workforce support while navigating US immigration policies, which could potentially derail South Korean investment plans amidst growing concerns over profitability and operational stability.
Source: YAHOO