9 | | NOVEMBER 2026 "Strong industry leadership requires a clear vision, continuous technological innovation and the ability to build strategic partnerships that drive long-term growth and strengthen global competitiveness," ................................................................Lee Jae-yong, Executive Chairman, Samsung Electronics says, LS CABLE, LS MARINE SOLUTION JOIN FORCES ON OFFSHORE WIND CABLE PROJECT YAS WORLD RESORT PARTNERS WITH IHG'S VIGNETTE COLLECTION TESLA, SAMSUNG URGE US TO RECONSIDER VIETNAM TARIFFS South Korea's LS Cable & System and LS Marine Solution have partnered with Taean Wind Power to supply and install subsea cables for a 504-megawatt offshore wind farm off the country's west coast.The companies signed a capacity reservation agreement, securing cable manufacturing capacity and installation vessel schedules ahead of a final contract expected by year-end.The project involves Korea Western Power, Singapore's Vena Energy and Denmark's Copenhagen Infrastructure Partners, with completion targeted for 2030.This marks the companies' second major offshore wind project following their involvement in the Shinan Ui development. LS Marine Solution plans to deploy its upgraded GL2030 cable-laying vessel, supporting turnkey operations from cable manufacturing to installation as South Korea expands its renewable energy infrastructure. IHG Hotels & Resorts has added Yas World Resort, formerly known as Yas Plaza Hotels, on Abu Dhabi's Yas Island to its Vignette Collection brand. Developed by Aldar, the destination brings together six distinctive hotels, making it the world's largest Vignette Collection property.The resort features over 1,400 rooms and suites, offering guests access to a private beach, swimming pools, restaurants, wellness centres and recreational facilities.Each hotel has a distinct identity inspired by Yas Island's surroundings, including mangroves, the marina, motorsport and golf.The addition strengthens IHG's luxury and lifestyle portfolio while supporting its Middle East expansion. Guests can also enjoy convenient access to nearby attractions, including Ferrari World, Warner Bros. World, SeaWorld and Yas Waterworld Abu Dhabi. Tesla and Samsung have opposed potential new US tariffs on Vietnamese products, while several American industry groups are urging Washington to impose penalties over alleged intellectual property violations.The Trump administration has set November 29 as the deadline to conclude its trade investigation into Vietnam, which was recently placed on the US priority watchlist for intellectual property concerns.Tesla warned that additional tariffs could disrupt supply chains, as certain advanced components and manufacturing tools remain unavailable domestically. Samsung also highlighted Vietnam's importance in supplying smartphones and network equipment to the US market.Meanwhile, American manufacturers and copyright groups have demanded stronger action, citing alleged unfair trade practices, software piracy and widespread online distribution of copyrighted films and television content. BUSINESS & HOSPITALITY TRADE & TARIFFS ENERGY & POWER
<
Page 8 |
Page 10 >