Hyundai Motor Company Korea
Scope
Date
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Automobiles
KG Mobility to supply automotive parts to Saudi SNAM
South Korea's KG Mobility Corp., formerly Ssangyong Motor Co., announced on Monday it signed a memorandum of understanding (MOU) for building a part...
Oct 23, 2023 (Gmt+09:00)
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Economy
Korea’s exports set to snap 12-month losing streak in October
South Korea may snap its 12-month-long losing streak in exports this month after it reported an on-year gain in exports in the first 20 days of Octo...
Oct 23, 2023 (Gmt+09:00)
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Robotics
Hankook & Company to expand to robotics with Neubility
South Korea’s Hankook & Company Group, formerly Hankook Tire Group, is expanding to robotics to raise its future competitiveness.The gro...
Oct 23, 2023 (Gmt+09:00)
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Carbon neutrality
Lotte, two SK Group units to join hands for carbon capture
Lotte Chemical Corp., SK Innovation Co. and SK IE Technology Co. (SK IET) have signed a memorandum of understanding (MOU) to make their joint push i...
Oct 23, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor, PIF to invest $500 mn to build car plant in Saudi Arabia
RIYADH – Hyundai Motor Co. has agreed with the Public Investment Fund, Saudi Arabia’s sovereign fund, to set up a joint venture to build...
Oct 23, 2023 (Gmt+09:00)
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Bio & Pharma
Curocell to localize blood cancer drug by 2025
South Korean biotech company Curocell Inc. on Sunday said it will apply for approval from the Ministry of Food and Drug Safety in September next yea...
Oct 23, 2023 (Gmt+09:00)
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Batteries
Samsung SDI inks first battery supply deal with Hyundai
Samsung SDI Co. said on Monday it has signed its first supply agreement with Hyundai Motor Co. to become the South Korean carmaker’s third dom...
Oct 23, 2023 (Gmt+09:00)
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Food & Beverage
CJ CheilJedang to export K-Street Foods
South Korean food company CJ CheilJedang Corp. ’s strategic product lineup K-Street Food will be launched in June next year on major global ma...
Oct 23, 2023 (Gmt+09:00)
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Artificial intelligence
KT ties up with Thai company for SE Asia hyperscale AI
KT Corp., South Korea’s No.2 mobile carrier, is set to foray into the large language model (LLM) sector in Southeast Asia amid the country's s...
Oct 22, 2023 (Gmt+09:00)
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Automobiles
Hyundai, Kia aim for 20% share in Middle East with EVs by 2030
Hyundai Motor Co. and its sibling Kia Corp. together target selling 550,000 cars annually in the Middle East by 2030 to control about 20% of the reg...
Oct 20, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Korea's HMM creditors convert $739 mn bonds into shares
Shares of HMM Co., South Korea’s No. 1 container line, are likely to fall as its main creditors exchanged perpetual convertible bonds (CBs) an...
Oct 20, 2023 (Gmt+09:00)
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Business & Politics
South Korea attracts more African countries to food project
South Korea is increasing the number of African countries participating in its official development assistance (ODA) project to alleviate the chroni...
Oct 20, 2023 (Gmt+09:00)
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Entertainment
TikTok to host offline concert in S.Korea
TikTok announced on Friday that it will hold its first-ever offline live concert, "TikTok Stage The Shout," in South Korea on the 9th of next month....
Oct 20, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Kakao Enterprise, Salesforce establish joint sales partnership
South Korea's Kakao Enterprise Corp. announced on Friday that it has formed a joint sales partnership with Salesforce Korea to support digital innov...
Oct 20, 2023 (Gmt+09:00)
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Leadership & Management
SK Group needs agility to survive disruptions: chairman
South Korea's No. 2 conglomerate SK Group needs agile responses to rapidly changing business circumstances amid global geopolitical crises, C...
Oct 20, 2023 (Gmt+09:00)
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Artificial intelligence
Naver-invested Nota AI named global leader in AI optimization
South Korea’s Nota AI, an artificial intelligence (AI) optimization model company with investment from Naver D2 Startup Factory (D2SF), an inv...
Oct 20, 2023 (Gmt+09:00)
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Food & Beverage
Korea steps up pressure on private sector to ease inflation
South Korea is intensifying pressure on the private sector to curb inflation by forcing companies such as food and beverage makers not to raise prod...
Oct 20, 2023 (Gmt+09:00)
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Korean food
Samyang Foods launches TomYum Buldak Ramen in US
South Korea's Samyang Foods Co. announced on Friday it began to release the new export-exclusive product of Hot Chicken Flavor Ramen, or Buldak Rame...
Oct 20, 2023 (Gmt+09:00)
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Automobiles
Hyundai partners with University of London for African market strategy
Hyundai Motor Group announced on Friday its plan to establish two research centers in conjunction with the University of London (UoL) to delve int...
Oct 20, 2023 (Gmt+09:00)
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Regulations
Koreans work longer hours than OECD average? Not in some sectors
South Korea has had notoriously long working hours for decades.Long hours – alongside high levels of education and an increase of women in the...
Oct 20, 2023 (Gmt+09:00)
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Retail
HDC IPark Mall opens S.Korea's first Nintendo pop-up store
South Korea’s HDC IPark Mall has opened Japanese game giant Nintendo’s first official pop-up store at the Yongsan location in Seoul fr...
Oct 20, 2023 (Gmt+09:00)
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Retail
MZers fuel Disney Store's boom in S.Korea's offline market
The Disney Store has become one of the hottest spots within Hyundai Department Store branches since the department store operator has opened three o...
Oct 19, 2023 (Gmt+09:00)
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Batteries
HD Hyundai Infracore to develop truck battery packs
South Korea's HD Hyundai Infracore Co. plans to enter the electric commercial vehicle market through the development of truck batteries.The company ...
Oct 19, 2023 (Gmt+09:00)
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Real estate
Blackstone names Koramco preferred bidder for $553 mn landmark
Blackstone Inc. has tapped South Korea’s Koramco REITs Management and Trust Co. as the preferred bidder for prime office building Arc Place, t...
Oct 19, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor muscles into online used car market
Hyundai Motor Co. is slated to start selling certified used cars online from Oct. 24, three years after its announcement to enter the 30 trillion wo...
Oct 19, 2023 (Gmt+09:00)
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Energy
NJ certifies Taihan Cable as major power grid supplier
South Korean fiber optic cable manufacturer Taihan Cable & Solution Co. on Thursday said it has been certified as a major power grid supplier by...
Oct 19, 2023 (Gmt+09:00)
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E-commerce
China’s Temu challenges homegrown e-commerce platforms in Korea
Temu, a popular Chinese discount e-commerce platform that landed in South Korea just a few months ago, has apparently cracked homegrown players&rsqu...
Oct 19, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Samsung Elec to develop spam filter with public web body
Samsung Electronics Co. and the Korea Internet & Security Agency (KISA) on Wednesday signed a memorandum of understanding on minimizing damage t...
Oct 19, 2023 (Gmt+09:00)
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Automobiles
Hyundai Mobis to debut at Japan Mobility Show
South Korea's Hyundai Mobis will participate in the Japan Mobility Show 2023, which changed its name from the Tokyo Motor Show. This is the fir...
Oct 19, 2023 (Gmt+09:00)
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Bio & Pharma
Samsung Bioepis releases Soliris biosimilar in Europe
Samsung Bioepis Co., a biopharmaceutical research and development unit under South Korea's Samsung Group, is rolling out its latest product Epysqli,...
Oct 19, 2023 (Gmt+09:00)
Latest News
- 1 Korea’s reshoring companies pale amid lack of support, incentives, tax breaks
- 2 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 3 AI startup MarqVision raises $16.5 mn to close Series A
- 4 Taihan Cable wins $630 mn power grid project in Singapore
- 5 Korean startup scene is gloomy, say 2 out of 5 startup CEOs