The increase of Korean students packing up in the U.S. vs Hyundai Mobis’s plan to secure top technology… Restructuring of the global talent market [AI Prism*College Student Job Seekers News] [Korean]

Author: 서울경제 | Source: 서울경제 | Read the full article in Korean

The landscape for South Korean students studying in the United States is changing dramatically due to recent immigration policies. Many students pursuing advanced degrees are facing challenges as funding for their research has been frozen and job opportunities are dwindling. Major tech companies in Silicon Valley are also becoming less inclined to hire foreign talent, further complicating the situation for these students.

On the other hand, South Korean companies are ramping up their efforts to attract global talent in the face of these challenges. Hyundai Mobis has announced ambitious plans to enhance its position in the mobility sector, aiming to significantly increase its revenue from international clients. Meanwhile, LS Cable and Daehan Electric Wire are making strides in the European market, targeting a substantial share of the high-voltage direct current (HVDC) cable market, which is expected to create a demand for skilled workers.

As the job market shifts, the competition for talent is intensifying within South Korea, particularly in industries poised for growth. The article highlights the contrasting experiences of students abroad and the evolving strategies of domestic companies as they navigate these changes in the global landscape.

[Read More (translated)]