HDC Hyundai Development
Scope
Date
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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 sed...
Sep 30, 2024 (Gmt+09:00)
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Culture & Trends
Vinyl renaissance in Korea holds steady with diverse music tastes
Within just two hours of the opening of the 13th Seoul Record Fair last Saturday, the waitlist for new LP records reached 1,500. There were 20 new r...
Sep 27, 2024 (Gmt+09:00)
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Banking & Finance
Shinhan Card launches debit cards for foreign residents in S.Korea
South Korea's Shinhan Card said on Friday that it has launched two debit cards exclusively for foreign residents in the country: the SOL Global Chec...
Sep 27, 2024 (Gmt+09:00)
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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 p...
Sep 27, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor, Kia to boost partnership with RISD
Hyundai Motor Co. and Kia Corp. said on Friday they strengthened their partnership with the renowned US art school, Rhode Island School of Design (R...
Sep 27, 2024 (Gmt+09:00)
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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 th...
Sep 27, 2024 (Gmt+09:00)
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ESG
Netmarble acquires ISO 45001 certification
Netmarble Corp. announced on Friday that it has become the first company in the Korean game industry to obtain the ISO 45001 certification for its s...
Sep 27, 2024 (Gmt+09:00)
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Automobiles
Hyundai to develop unmanned robot for EV fire suppression
Hyundai Motor Group said on Thursday that it plans to jointly develop the unmanned firefighting robot vehicle with the South Korean National Fire Ag...
Sep 26, 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 retir...
Sep 26, 2024 (Gmt+09:00)
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Automobiles
Hyundai Mobis gets cybersecurity certification in Europe
Hyundai Mobis Co. has become the first Asian auto parts company to receive cybersecurity certification in Europe, which is leading the way in establ...
Sep 26, 2024 (Gmt+09:00)
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Korean startups
Near Brain gives hope to millions of stroke patients worldwide
Strokes are the second leading cause of death and the third leading cause of disabilities globally, according to the World Health Organization.To fi...
Sep 26, 2024 (Gmt+09:00)
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Robotics
CJ Logistics, Aidin Robotics to co-develop logistics robots
South Korea’s CJ Logistics and Aidin Robotics recently signed a memorandum of understanding to co-develop and commercialize logistics robots.U...
Sep 26, 2024 (Gmt+09:00)
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Companies
Samsung develops health software development kit
Samsung Electronics Co. on Thursday introduced the Samsung Health Software Development Kit (SDK) Suite, aimed at helping developers and researchers ...
Sep 26, 2024 (Gmt+09:00)
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Future mobility
Hyundai partners with Samsung to enhance connected vehicle technology
South Korea’s Hyundai Motor Group has joined forces with Samsung Electronics Co. to advance connected vehicle technology utilizing the tech gi...
Sep 25, 2024 (Gmt+09:00)
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Logistics
Hyundai Glovis, BYD seek strategic alliance on car exports
Hyundai Glovis Co. has inked a memorandum of understanding with China's No. 1 electric vehicle maker BYD Co. to form a strategic alliance on car tra...
Sep 25, 2024 (Gmt+09:00)
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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 fo...
Sep 25, 2024 (Gmt+09:00)
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Artificial intelligence
KT to develop AI tech to filter spam messages
South Korea's KT Corp. said on Tuesday it will work with the Korea Internet & Security Agency (KISA) to launch an artificial intelligence (AI)...
Sep 25, 2024 (Gmt+09:00)
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Artificial intelligence
LG Innotek develops AI for raw material inspection
LG Innotek, a leading South Korean electronics parts maker, said on Wednesday it developed an artificial intelligence (AI) system that can filter ou...
Sep 25, 2024 (Gmt+09:00)
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Korean stock market
South Korea Can Go Only So Far Copying Japan’s Market Reforms
South Korea is taking a page from Japan to boost its stock market. There are certainly some low-hanging fruits to pick, but the country’s larg...
Sep 25, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor eyes EV battery production from 2027
Hyundai Motor Co. is preparing to build its first electric vehicle battery production lines by around 2027, taking its first step to internalize bat...
Sep 24, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor releases 2025 IONIQ 5 N
Hyundai Motor Co. said on Tuesday that it released the model year of its high-performance electric vehicle (EV) the 2025 IONIQ 5 N.The 2025 IONIQ 5 ...
Sep 24, 2024 (Gmt+09:00)
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Automobiles
Genesis GV70, Electrified GV70 named safest cars by IIHS
Hyundai Motor Co.'s premium brand Genesis said on Sunday that its sport utility vehicle (SUV) GV70 and the Electrified GV70 got the highest rating...
Sep 23, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai to supply shaft generator for Middle Eastern firm
South Korea's HD Hyundai Marine Solution Co. secured a $37 million contract to supply shaft generator systems for 17 liquefied natural gas (LNG) car...
Sep 23, 2024 (Gmt+09:00)
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Corporate strategy
Hyundai's Chung to nurture Czech plant as hub for eco-friendly mobility
Hyundai Motor Co. Executive Chairman Chung Euisun has vowed to turn the South Korean automotive conglomerate’s plant in the Czech Republic int...
Sep 22, 2024 (Gmt+09:00)
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Batteries
Hyundai Steel set to supply iron powder to Korean LFP cathode makers
Hyundai Steel Co., a unit of South Korean automotive group Hyundai Motor Co., is set to enter the battery materials business by supplying iron powde...
Sep 20, 2024 (Gmt+09:00)
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Real estate
Koramco puts Hyundai Motor Securities building on market
Koramco Asset Management Co. has put the Hyundai Motor Securities building in Seoul's Yeouido business district (YBD) on the market. The deal is exp...
Sep 20, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Hyundai Motor Group becomes KT's largest shareholder
Hyundai Motor Group has officially become the largest shareholder of South Korea's major telecommunications company KT Corp., following a public int...
Sep 20, 2024 (Gmt+09:00)
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Corporate strategy
Hyundai Motor cuts 2030 sales goals as EV chasm likely protracted
South Korean top automaker Hyundai Motor Co. has slashed its long-term vehicle sales targets by 6% as it prepares for aggressive marketing by Chines...
Sep 19, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai Motor’s IONIQ 5: Pope Francis’ Popemobile in Singapore
Pope Francis on Friday wrapped up his 12-day visit to the Asia-Pacific region with a visit to Singapore, where less than 10% of the population ident...
Sep 13, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor, Kia win 12 awards at IDEA Design Awards
Hyundai Motor Co. and Kia Corp. announced on Friday that they won a total of 12 awards, including three Gold Awards, at the 2024 International Desig...
Sep 13, 2024 (Gmt+09:00)
Latest News
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- 3 Trump Jr. meets Korean business chiefs in back-to-back sessions
- 4 Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google
- 5 Kookmin Bank raises $700 mn in forex bonds amid strong demand