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Korea Eyes Westinghouse Nuclear Deal | South Korea News
South Korea is eyeing a colossal $120 billion deal with Westinghouse to build up to eight nuclear reactors in the U.S., potentially unlocking global export potential—but at steep financial risk. The plan blends Westinghouse’s tech with Korea’s APR1400 designs, possibly via joint ventures or even a Korean stake in Westinghouse, which could resolve past IP disputes. Yet experts warn that buying into Westinghouse may not fix all legal hurdles, recalling Toshiba’s disastrous acquisition. With U.S. presidential involvement and lawmakers soon to be briefed, this high-stakes negotiation could…
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