HDC Hyundai Development
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Research & Development
Hyundai Motor Group expands R&D partnership with Singapore
Hyundai Motor Group, the world’s third-largest automaker, has expanded its research partnership with Singapore into energy, artificial intellig...
Oct 09, 2024 (Gmt+09:00)
2 Min read -
Automobiles
Hyundai Motor Group’s software unit launches cybersecurity division
Hyundai AutoEver Corp., Hyundai Motor Group’s software unit, is set to boost its automotive cybersecurity business by launching a new division ...
Oct 07, 2024 (Gmt+09:00)
1 Min read -
Automobiles
Kia to sweep top three spots in Korea car sales on SUV, hybrid boom
Kia Corp., South Korea’s No. 2 automaker, is poised to claim the top three spots on the country’s best-selling car list this year thanks ...
Oct 07, 2024 (Gmt+09:00)
1 Min read -
Electric vehicles
Hyundai Mobis to mass-produce parts to double EV charging speed
UIWANG, Gyeonggi Province – Hyundai Mobis Co., the world’s fifth-largest auto parts maker, plans to mass-produce a component that doubles...
Oct 04, 2024 (Gmt+09:00)
2 Min read -
Automobiles
Hyundai's accumulated production hits 100 mn unit milestone
Hyundai Motor has achieved the 100 million-unit milestone for its accumulated production 57 years after its inception, led by the Avante compact seda...
Sep 30, 2024 (Gmt+09:00)
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Electronics
LG to invest $762 mn in webOS to transform into platform-based tech giant
LG Electronics Inc., the leading global home appliance maker, plans to invest more than 1 trillion won ($762 million) in its multitasking operating s...
Sep 29, 2024 (Gmt+09:00)
3 Min read -
Electric vehicles
Kia to mass-produce EVs at Hyundai Motor Group’s 1st dedicated plant
Kia Corp., an automaker of Hyundai Motor Group, is poised to start mass production of electric vehicles at the global No. 3 carmaker’s first pl...
Sep 27, 2024 (Gmt+09:00)
1 Min read -
Batteries
Hyundai Motor Group to develop tech to cut Chinese precursor imports
Hyundai Motor Group, the world’s third-largest carmaker, has started developing electric vehicle battery technology to cut costs and reduce the...
Sep 27, 2024 (Gmt+09:00)
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Batteries
SK On to cut jobs for first time amid sustained EV weakness
SK On Co., the world’s fifth-largest electric vehicle battery maker, plans to cut its workforce with the company’s first voluntary retire...
Sep 26, 2024 (Gmt+09:00)
1 Min read -
Mergers & Acquisitions
MBK ups Korea Zinc bid price as management feud intensifies
North Asia-focused private equity firm MBK Partners Ltd. has raised its bid price to take control of Korea Zinc Inc. by 13.6%, increasing the cost fo...
Sep 26, 2024 (Gmt+09:00)
3 Min read -
Mergers & Acquisitions
Korea Zinc to sell $301 mn in CPs amid management feud with MBK
Korea Zinc Inc., the world’s top zinc and lead smelter, is set to sell 400 billion won ($300.9 million) in commercial papers, its first fundrai...
Sep 25, 2024 (Gmt+09:00)
3 Min read -
Corporate bonds
Fed’s big rate cut spurs Korean firms to issue foreign bonds
South Korean companies rushed to issue foreign currency bonds after the US Federal Reserve lowered interest rates for the first time in more than fou...
Sep 25, 2024 (Gmt+09:00)
2 Min read -
Mergers & Acquisitions
Hanwha, LG to support Korea Zinc in battle against MBK
South Korea’s Hanwha Group and LG Group are likely to help Korea Zinc Inc. fight against a takeover by MBK Partners Ltd. as the private equity ...
Sep 23, 2024 (Gmt+09:00)
3 Min read -
Mergers & Acquisitions
MBK not to sell Korea Zinc to China after tender offer
MBK Partners Ltd. does not plan to sell Korea Zinc Inc., the world’s largest zinc and lead smelter, to China if MBK's takeover bid of up to 2 t...
Sep 19, 2024 (Gmt+09:00)
4 Min read -
Leadership & Management
MBK, Young Poong seek $1.5 bn hostile bid for Korea Zinc
MBK Partners Ltd., the North Asia-focused private equity firm, is set to take over Korea Zinc Inc. through an up to 2 trillion won ($1.5 billion) hos...
Sep 13, 2024 (Gmt+09:00)
4 Min read -
Automobiles
Hyundai's Casper, Tesla boost Korea’s online car sales
South Korea’s online car sales are expected to exceed 5 trillion won ($3.7 billion) and hit a record high this year, driven by rising internet ...
Sep 09, 2024 (Gmt+09:00)
3 Min read -
Electric vehicles
Hyundai, Kia to apply BMS to all EVs for fire prevention
Hyundai Motor Group, the world’s third-largest automaker, plans to install its battery management system (BMS) in all its electric vehicles to ...
Aug 16, 2024 (Gmt+09:00)
3 Min read -
Construction
Korea’s top landscaping firm Dawon to expand in SE Asia
South Korea’s Dawon Corporation aims to expand its business in Southeast Asia as it beat out major domestic builders such as Samsung C&T Co...
Aug 16, 2024 (Gmt+09:00)
4 Min read -
Electric vehicles
Fire-plagued Mercedes uses Chinese cells for most EVs in S.Korea
Mercedes-Benz AG, a German luxury carmaker hit by an electric vehicle fire in South Korea, said most of its EV models in the country are equipped wit...
Aug 14, 2024 (Gmt+09:00)
2 Min read -
Korean stock market
Korea’s retail investors buy stocks on dips in turmoil
South Korea’s individual investors took the recent turmoil in stock markets as an opportunity to buy shares at home and abroad on dips, betting...
Aug 13, 2024 (Gmt+09:00)
3 Min read -
Future mobility
Electrification, Hyundai Mobis’ growth engine for future mobility
Hyundai Mobis Co., the world’s fifth-largest auto parts maker, is set to focus on electrification to enhance its competitiveness in future mobi...
Aug 09, 2024 (Gmt+09:00)
3 Min read -
Batteries
Hyundai Glovis, Huayou join hands for EV battery recycling
Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, has teamed up with a unit of China’s Zhejiang Huayou Cobalt ...
Aug 06, 2024 (Gmt+09:00)
2 Min read -
Earnings
SK On logs record quarterly loss on sluggish EV market
SK On Co., the world’s fifth-largest battery maker, on Thursday reported a record quarterly loss on the prolonged weakness in the electric vehi...
Aug 01, 2024 (Gmt+09:00)
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Future mobility
Hyundai gives advanced air mobility demo in Indonesia
Hyundai Motor Group on Monday unveiled its advanced air mobility (AAM) technology and demonstrated an AAM prototype aircraft, or a flying car, in Ind...
Jul 29, 2024 (Gmt+09:00)
2 Min read -
Electric vehicles
Hyundai, Kia to hike prices of low-cost EVs for profitability
Hyundai Motor Group, the world’s third-largest carmaker, plans to increase prices of the existing low-cost electric vehicles in the second half...
Jul 25, 2024 (Gmt+09:00)
2 Min read -
Energy
High power bills drive Korean manufacturers out of country
South Korean manufacturers are increasingly moving abroad as the country's electricity bills are hovering about 30% higher than those of major econo...
Jul 23, 2024 (Gmt+09:00)
4 Min read -
Electric vehicles
Hyundai Mobis unveils airbags for purpose-built vehicles
Hyundai Mobis Co., the world’s sixth-largest auto parts maker, on Thursday unveiled the industry’s first airbags for purpose-built vehicl...
Jul 19, 2024 (Gmt+09:00)
2 Min read -
Robotics
Hyundai to unveil wearable device for car manufacturing
Hyundai Motor Group, the world’s third-largest automaker, plans to unveil a wearable device for car manufacturing designed to improve productiv...
Jul 17, 2024 (Gmt+09:00)
1 Min read -
Corporate restructuring
SK Ecoplant to merge tech unit for group restructuring
SK Ecoplant Co., a South Korean construction engineering and waste management company, is set to merge a profit-making technology subsidiary of the p...
Jul 16, 2024 (Gmt+09:00)
4 Min read
Latest News
- 1 NPS to ramp up shareholder engagement with overseas companies
- 2 Europe looms large as K-beauty brands look to blue ocean; cosmetics stocks rise
- 3 NPS gobbles up Korea’s top 4 financial holding stocks
- 4 US considers withdrawing thousands of troops from South Korea
- 5 KKR sells 9.5% stake in HD Hyundai Marine, recoups $450 million