Hyundai-Heavy-Industries
Scope
Date
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Batteries
Time to revive innovator spirit: LG Energy Solution CEO
South Korea’s top battery maker LG Energy Solution Ltd., also the world’s No. 3, must accelerate innovation and prop up fundamentals to ...
8 HOURS AGO
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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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Machinery
DN Solutions to build plant, R&D center in India
DN Solutions, the world's third-largest and South Korea's top machine tool manufacturer, said on Tuesday that it will establish a new plant and rese...
Jul 03, 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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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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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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Petrochemicals
Lotte Chemical's rating outlook cut on worsening financials
South Korea’s No. 2 petrochemicals maker Lotte Chemical Corp. has taken a hit from a lowered credit-rating outlook of the company and its majo...
Jun 28, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Eugene PE, KDB PE to acquire Boryung Biopharma for $231 million
A consortium of Eugene Private Equity and Korea Development Bank Private Equity will acquire 80% of South Korean vaccine maker Boryung Biopharma Co....
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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Mergers & Acquisitions
SK Bioscience to buy German vaccine maker IDT Biologika for $244 mn
South Korea’s vaccine developer SK Bioscience Co. will acquire a controlling stake in the world’s top 10 vaccine firm IDT Biologika GmbH...
Jun 27, 2024 (Gmt+09:00)
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Energy
Doosan Enerbility, Meralco to collaborate on energy projects
South Korea's Doosan Enerbility Co. announced on Wednesday that executives from Manila Electric Company (Meralco), the largest power company in the ...
Jun 26, 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)
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Shipping & Shipbuilding
HD Hyundai gets global ship cyber security certifications
South Korea's HD Hyundai Co. announced on Tuesday that it obtained Approval In Principle (AiP) for its ship cyber security technology from the world...
Jun 25, 2024 (Gmt+09:00)
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Steel
Hyundai Steel builds global sales network of low-carbon steel
South Korea’s Hyundai Steel Co. announced on Tuesday that it signed a memorandum of understanding (MOU) with European customers to sell low-ca...
Jun 25, 2024 (Gmt+09:00)
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Corporate bonds
Hanwha Life Financial Services gets A+ credit rating
South Korea's Hanwha Life Financial Services said on Tuesday it received an A+ (Stable) credit rating from Korea Ratings, becoming the first domes...
Jun 25, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung Electronics builds Red Hat-certified CXL infrastructure
Samsung Electronics Co. has set up the industry’s first Compute Express Link (CXL) infrastructure, certified by Red Hat Inc., the world’...
Jun 25, 2024 (Gmt+09:00)
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Hydrogen economy
Hyundai to transform Jeonju plant into hydrogen vehicle hub
Hyundai Motor Co., South Korea’s top automaker, will transform its commercial vehicle plant in the country into the manufacturing hub for its ...
Jun 24, 2024 (Gmt+09:00)
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Korean chipmakers
Booming AI industry boosts chip packaging equipment makers
Global chip packaging equipment manufacturers are enjoying surging demand and skyrocketing share prices thanks to the rapid growth of the artificial...
Jun 24, 2024 (Gmt+09:00)
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Electronics
LG Display bets big on Tandem OLED in AI computing era
LG Display Co., the world’s top organic light-emitting diode (OLED) TV panel maker, is raising the stakes in Tandem OLED technology to stay ah...
Jun 24, 2024 (Gmt+09:00)
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Corporate restructuring
SK Ecoplant seeks to absorb SK Materials' industrial gas units
SK Ecoplant Co., a South Korean construction engineering and waste management company, is seeking to absorb the profit-making subsidiaries of SK Mat...
Jun 24, 2024 (Gmt+09:00)
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Logistics
Hyundai Glovis enters LNG transport business with Woodside Scarlet Ibis
Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, is entering the liquefied natural gas transportation business wit...
Jun 23, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor debuts 2025 Avante with improved cluster space use
Hyundai Motor Co. announced on Thursday that it has launched the updated model of the compact sedan, 2025 Avante, and has begun full-scale sales.Sin...
Jun 20, 2024 (Gmt+09:00)
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Machinery
HD Hyundai Infracore secures order for 39 excavators in Turkiye
South Korea's HD Hyundai Infracore Co. announced on Thursday that it has recently secured an order for 39 large excavators under its Develon brand f...
Jun 20, 2024 (Gmt+09:00)
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Hydrogen economy
Hyundai E&C to build S.Korea's first nuclear-linked hydrogen plant
South Korea's Hyundai Engineering & Construction Co. (Hyundai E&C) will lead a consortium to build the nation's first hydrogen production fa...
Jun 20, 2024 (Gmt+09:00)
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ESG
LIG Nex1 earns top Morgan Stanley ESG rating of AA for 2nd consecutive year
LIG Nex1 Co., a leading defense system developer in South Korea, announced on Thursday that it has received an AA rating in the 2024 environmental, ...
Jun 20, 2024 (Gmt+09:00)
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Aerospace & Defense
Hyundai Rotem unveils 4th-gen unmanned military vehicle, HR-Sherpa
South Korea's Hyundai Rotem Co. unveiled the 4th generation HR-Sherpa, a multipurpose unmanned vehicle designed for military operations.The latest H...
Jun 19, 2024 (Gmt+09:00)
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Hydrogen economy
Hyundai Motor eyes hydrogen value chain leadership
Hyundai Motor Group will expand its cooperation with global companies to boost its presence in the hydrogen value chain from production to distribut...
Jun 18, 2024 (Gmt+09:00)
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Travel & Leisure
Jeju casinos, hotels bask in return of Chinese tourists; luxury shops fall
Following the pandemic, hotels and casinos are enjoying a renewed tourist boom with Chinese tourists returning to South Korea, particularly its top ...
Jun 18, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor to produce Genesis cars in Kazakhstan
Hyundai Motor Group will produce Genesis models from its knock-down (KD) plant in Kazakhstan to bolster the South Korean auto giant’s luxury m...
Jun 17, 2024 (Gmt+09:00)