Hyundai Motor global sales
Scope
Date
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Automobiles
Hyundai Motor car sales hit record in India for first half
Hyundai Motor Co. delivered its record-high number of cars in India during the first six months of this year but lost its share in the fiercely comp...
10 HOURS AGO
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Earnings
LG Elec logs record Q2 earnings on home appliances, car parts
South Korean tech giant LG Electronics Inc. is expected to log its record second-quarter revenue and operating profit thanks to robust sales of home a...
Jul 05, 2024 (Gmt+09:00)
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Earnings
Samsung’s Q2 profit soars on AI chips; second-half outlook rosy
South Korean tech giant Samsung Electronics Co. on Friday flagged a more than 15-fold increase in its second-quarter operating profit as the artific...
Jul 05, 2024 (Gmt+09:00)
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Fiber & Textile
SK Geo Centric produces sustainable synthetic fiber
South Korea’s SK Geo Centric Co. will collaborate with global companies in the petrochemical, textile, and apparel sectors from Japan, Finland...
Jul 05, 2024 (Gmt+09:00)
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Korean chipmakers
Hanmi Semiconductor eyes $1.5 billion sales in 2026
Hanmi Semiconductor Co., South Korea’s leading chip packaging equipment manufacturer, has revised upwards its annual sales target for this yea...
Jul 05, 2024 (Gmt+09:00)
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Korean games
Nexon to see record sales on The First Descendant, DnF Mobile
Gaming giant Nexon Co. is set to enjoy record sales this year thanks to the strong debut of its new title The First Descendant and the success of a ...
Jul 04, 2024 (Gmt+09:00)
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Short selling
Korea slaps Credit Suisse with largest ever short-sale penalty
South Korea's financial regulator said on Wednesday it has officially imposed Credit Suisse Group AG and its affiliate a combined 27.2 billion won...
Jul 03, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai Motor completes EV ecosystem in Indonesia
JAKARTA, Indonesia – Hyundai Motor Group has built an electric vehicle hub backed by a complete supply chain from raw materials sourcing to ba...
Jul 03, 2024 (Gmt+09:00)
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Food & Beverage
BBQ's overseas subsidiary revenue surpasses $72 mn in 2023
Genesis BBQ Group announced on Wednesday that the revenue of its overseas subsidiaries last year reached 110 billion won ($79.1 million), marking a ...
Jul 03, 2024 (Gmt+09:00)
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Bio & Pharma
Lotte Biologics targets $1.1 billion in sales with new bio plants
South Korean biopharmaceutical company Lotte Biologics Co. said on Wednesday it is aiming for 1.5 trillion won ($1.1 billion) in annual sales by 203...
Jul 03, 2024 (Gmt+09:00)
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Pension funds
NPS to cut global stocks under GP management, up its direct control
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, is set to slash its overseas stocks under global i...
Jul 02, 2024 (Gmt+09:00)
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Automobiles
Hyundai accelerates EV push in Indonesia with Kona EV
JAKARTA, Indonesia – Hyundai Motor Co. has built its brand image as a high-end carmaker in Indonesia and controls the country's electric vehic...
Jul 02, 2024 (Gmt+09:00)
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Artificial intelligence
Korea's LG Uplus aims for $1.4 bn in B2B AI sales by 2028
South Korea’s leading mobile carrier LG Uplus Corp., which is set to unveil its first artificial intelligence chip by the end of this year, ai...
Jul 02, 2024 (Gmt+09:00)
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Electronics
Samsung Electronics tops in S.Korea's after-sales service
Samsung Electronics Service, a service subsidiary of Samsung Electronics Co., announced on Tuesday that it topped all categories - home applia...
Jul 02, 2024 (Gmt+09:00)
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Leadership & Management
Kyobo Life CEO’s ethical management earns global recognition
Kyobo Life Insurance Co.'s Chairman Shin Chang-jae is internationally recognized for setting the global standard for ethical management after two de...
Jul 01, 2024 (Gmt+09:00)
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Future mobility
Hyundai Motor to set up software R&D center in Silicon Valley
Hyundai Motor Group, the world’s third-largest carmaker, is set to establish a software research center in Silicon Valley as software is becom...
Jul 01, 2024 (Gmt+09:00)
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Electronics
Samsung OLED gaming monitor sales surpass 20,000 units
Samsung Electronics Co. announced on Monday that its sales of the new Odyssey OLED gaming monitor series have surpassed 20,000 units in a month.&nbs...
Jul 01, 2024 (Gmt+09:00)
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Automobiles
Hyundai Mobis combines electrification, module divisions
Hyundai Mobis Co., the world’s sixth-largest auto parts maker, said on Friday it has merged its electrification and module divisions to stream...
Jun 30, 2024 (Gmt+09:00)
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Corporate strategy
Hyundai Glovis to spend $6.5 billion, seek M&As for expansion
Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, said on Friday it will spend 9 trillion won ($6.5 billion) throug...
Jun 28, 2024 (Gmt+09:00)
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Pension funds
Korea’s military fund taps ex-president of Woori Financial as CIO
South Korea’s Military Mutual Aid Association (MMAA), which managed 10.4 trillion won ($7.5 billion) in assets as of the end of 2023, has tapp...
Jun 28, 2024 (Gmt+09:00)
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Economy
S.Korea’s consumer goods exports to top $100 bn in 2024: KOTRA
South Korea is projected to reap more than $100 billion from selling the country’s consumer goods overseas this year. Exports of such products...
Jun 28, 2024 (Gmt+09:00)
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Korean chipmakers
SK Hynix develops SSD for AI PCs to be mass-produced this year
South Korea’s SK Hynix Inc. introduced a solid-state drive (SSD) for on-device artificial intelligence PCs for mass production this year, to e...
Jun 28, 2024 (Gmt+09:00)
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E-commerce
Shopee to ramp up Korean goods sales in Vietnam, Thailand
Shopee Pte. Ltd., an e-commerce operator, plans to quadruple sales of South Korean products in Vietnam and Thailand by 2025 aiming to expand its glo...
Jun 27, 2024 (Gmt+09:00)
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Energy
Hanwha, Taihan to spur global sales of extra-high voltage cables
Hanwha Solutions Corp., the chemical and renewable energy unit of South Korea’s No. 7 conglomerate Hanwha Group, and Taihan Cable & Soluti...
Jun 27, 2024 (Gmt+09:00)
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Automobiles
Hyundai Inster, Kia EV3, Genesis Neolun shine at Busan auto show
BUSAN – Hyundai Motor Co., South Korea’s top automaker, on Thursday premiered the Inster, an all-electric crossover city car, the latest...
Jun 27, 2024 (Gmt+09:00)
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Banking & Finance
Woori Financial, Natixis to manage global private equity fund
South Korea's Woori Bank and Woori PE Asset Management announced on Thursday that they have signed a "strategic business agreement for creating a ...
Jun 27, 2024 (Gmt+09:00)
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Beauty & Cosmetics
Amazon to back K-Beauty’s broader global reach
US e-commerce juggernaut Amazon.com Inc. will offer South Korean cosmetics producers one-stop support to enable them to reach millions of customers ...
Jun 26, 2024 (Gmt+09:00)
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Food & Beverage
CJ CheilJedang opens Bibigo store on Amazon Germany
South Korea's CJ CheilJedang Corp. announced on Tuesday that it launched the Korean food (K-food) brand Bibigo's store on Amazon Germany, the larges...
Jun 26, 2024 (Gmt+09:00)
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Batteries
SK On to sell $360 mn in perpetual bonds amid tough EV market
SK On Co., the world’s fifth-largest electric vehicle battery maker, plans to sell 500 billion won ($359.6 million) in its first perpetual bon...
Jun 25, 2024 (Gmt+09:00)
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Automobiles
Hyundai Mobis files 3,000 patents for future car techs over 3 years
Hyundai Mobis, the world’s sixth-largest auto parts maker, announced on Tuesday that it published the Sustainability Report 2024, which includ...
Jun 25, 2024 (Gmt+09:00)