Hyudai Motor Group
Scope
Date
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Korean startups
Hyundai Motor spins off 3 in-house startups in innovative sectors
Hyundai Motor Group said on Tuesday it has spun off three promising in-house startups, which the South Korean automotive group has nurtured as part ...
Aug 29, 2023 (Gmt+09:00)
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K-pop
K-pop rookies, fresh boost for Korean entertainment stocks
South Korea’s entertainment stocks are poised to rally as K-pop newbies gain momemtum, attracting not only global music fans but also investor...
Aug 29, 2023 (Gmt+09:00)
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Asset management
DGB Fin to set up asset management firm in Singapore
South Korea’s DGB Financial Group is poised to set up an asset management unit in Singapore, its first overseas fund management arm, according...
Aug 28, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai Motor to self-develop EV chargers to slow Tesla’s ascent
Hyundai Motor Group will develop ultra-fast electric vehicle chargers with its proprietary technology to catch up to the world’s No. 1 EV make...
Aug 28, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Samsung, LG Electronics gear up for IFA, IAA Mobility 2023
Samsung Electronics Co. and LG Electronics Inc. are set to attend Europe's biggest tech trade fair and biggest motor show, IFA and IAA Mobility, res...
Aug 27, 2023 (Gmt+09:00)
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Retail
Cuckoo Electronics' duty-free sales in July surge by 592%
South Korea's Cuckoo Electronics Co. announced on Friday that its duty-free sales in July increased by 592.6% compared to the same period last year,...
Aug 25, 2023 (Gmt+09:00)
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Automobiles
Genesis ranks top in J.D. Power’s new car advanced tech survey
Hyundai Motor Co.'s premium brand Genesis secured first place in J.D. Power 2023 Tech Experience Index (TXI) study In this year’s J.D. Po...
Aug 25, 2023 (Gmt+09:00)
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Machinery
Hyundai Rotem unveils ultra-large servo press line
Hyundai Rotem, a subsidiary of Hyundai Motor Group and a South Korean railway system manufacturer, announced on Thursday that it held a demonstrat...
Aug 24, 2023 (Gmt+09:00)
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Corporate strategy
LG Group accelerates shift toward AI, bio and clean tech
Artificial intelligence, bio and clean tech are in their early stages of development for LG Group, but they should lead the South Korean conglomerat...
Aug 24, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Ocean to raise $1.5 bn to boost warship business
South Korea's Hanwha Ocean Co. will secure 2 trillion won ($1.5 billion) in fresh capital through rights issues, the company said on Wednesday, as t...
Aug 23, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor’s China restructuring continues with Chongqing plant sale
Hyundai Motor Co., reeling from its weak car sales in China, has put its Chongqing plant up for sale as South Korea’s top automaker continues ...
Aug 23, 2023 (Gmt+09:00)
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Retail
Lotte’s intra-group merger, business integration fare well
Lotte Mart and Lotte Super are leading Lotte Group’s efforts to streamline the overlapping businesses of its units. Their second-quarter resul...
Aug 23, 2023 (Gmt+09:00)
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Bio & Pharma
DongKoo Bio & Pharma to enter Philippine healthcare market
South Korea’s DongKoo Bio & Pharma Co. on Tuesday said it signed a memorandum of understanding with the Philippine healthcare group Adizat...
Aug 23, 2023 (Gmt+09:00)
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Business & Politics
Korea’s business lobby group FKI goes down in history in disgrace
The Federation of Korean Industries (FKI), the voice of the conglomerates that formed the engine of the South Korean economy for more than five deca...
Aug 22, 2023 (Gmt+09:00)
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Batteries
LS e-Mobility to supply $187 million in EV parts to Hyundai Motor, Kia
LS e-Mobility Solutions Co., a power transmission parts maker, has won a 250 billion won ($187 million) deal to supply electric vehicle (EV) parts...
Aug 22, 2023 (Gmt+09:00)
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Corporate strategy
SK Group to pursue employee-led ‘deep change’
SK Group, South Korea’s second-largest conglomerate, has been dedicated to its “Deep Change” initiative since Group Chairman Chey ...
Aug 21, 2023 (Gmt+09:00)
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Electric vehicles
Kia to revive Ray EV to kick start S.Korean city car market
Kia Corp., South Korea’s No. 2 automaker, aims to revitalize the local city car segment with the reintroduction of an electric version of the ...
Aug 20, 2023 (Gmt+09:00)
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Mergers & Acquisitions
LX Group may bid for container line HMM in four-way race
South Korea’s logistics-to-trading conglomerate LX Group is expected to join the race for the country’s No. 1 shipping company HMM Co. i...
Aug 18, 2023 (Gmt+09:00)
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Bio & Pharma
SK Pharmteco gears up for big leap in advanced biotherapies
SK Pharmteco Co., South Korean conglomerate SK Group’s contract development and manufacturing organization (CDMO), is upping the ante in its b...
Aug 17, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor, Seoul Univ. to establish Future Automotive Mobility
Hyundai Motor Co. and Seoul National University have joined forces to cultivate talent in electric vehicle control and vehicle software, which are e...
Aug 16, 2023 (Gmt+09:00)
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Retail
NewJeans selected as models for Hyundai Dept. Store Duty Free
South Korea's Hyundai Department Store Duty Free announced on Monday that it has newly appointed the five-member K-pop girl group NewJeans as models...
Aug 14, 2023 (Gmt+09:00)
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Travel & Leisure
Paradise City, Ctrip to jointly launch S.Korean travel packages
Paradise City, an integrated resort in Incheon, announced on Monday that it has partnered with China's largest online travel agency Ctrip to introdu...
Aug 14, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor to launch 5th-generation new Santa Fe
Hyundai Motor Co. is set to release the fifth-generation model of its midsize sports utility vehicle (SUV) Santa Fe on Wednesday. This marks a full ...
Aug 14, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Hanwha Group gears up for foray into aviation industry
South Korea’s chemicals-to-defense conglomerate Hanwha Group is preparing a bid for domestic low-cost carrier (LCC) Fly Gangwon under court pr...
Aug 11, 2023 (Gmt+09:00)
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Retail
Korea’s tourism industry pins high hopes on return of Chinese big spenders
BEIJING – China’s official announcement to lift its ban on group tourists’ travel to South Korea will likely be a boon for the tra...
Aug 10, 2023 (Gmt+09:00)
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Batteries
S.Korea's SK C&C enters battery sector with DNA Motors
South Korea's SK C&C will make batteries for electric motorcycles as the first domestic system integration company to enter the battery field.SK...
Aug 10, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai Mobis wins EV component supply deal from VW
South Korea’s Hyundai Mobis Co. has bagged a deal purportedly worth billions of dollars to supply a key electric vehicle component to Volkswag...
Aug 09, 2023 (Gmt+09:00)
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Steel
POSCO changes brand slogan for first time in 23 years
POSCO Holdings Inc., the holding firm of South Korea’s largest steelmaker, on Wednesday announced a new brand slogan, “Green Tomorrow, w...
Aug 09, 2023 (Gmt+09:00)
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Automobiles
Insatiable Hyundai Motor aspires to lead India with SUVs, EVs
Hyundai Motor Group must become “the first mover” in India, which has emerged as the next fierce battlefield for global car makers after...
Aug 08, 2023 (Gmt+09:00)
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Chemical Industry
Toray Advanced Materials reviews film line expansion in S.Korea
Toray Advanced Materials Korea Inc. (TAK) is reviewing its film line expansion in South Korea as part of its 300 billion won ($229 million) capital ...
Aug 06, 2023 (Gmt+09:00)