HDC Hyundai Development Co
Scope
Date
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Batteries
LG Energy, Doosan Bobcat tie up for construction equipment battery packs
LG Energy Solution Ltd., the world’s third-largest battery maker, and Doosan Bobcat Inc., a global construction machinery producer, said on We...
Mar 19, 2025 (Gmt+09:00)
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Venture capital
South Korean VCs back US humanoid robot developer Apptronik
South Korean venture capital firms invested undisclosed tens of billions of won, equivalent to tens of millions of dollars, in US humanoid-developin...
Mar 19, 2025 (Gmt+09:00)
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Games
Krafton invests in 10 overseas game startups in 2024
Krafton Inc. invested in 10 overseas game developers in 2024 in search of the next big franchise intellectual property (IP) following its mega-hit t...
Mar 17, 2025 (Gmt+09:00)
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Banking & Finance
Shinhan Bank partners with Hyundai Mobis for loan services to suppliers
Hyundai Mobis Co., South Korea’s top auto parts maker, has partnered with the country’s biggest lender Shinhan Bank to help its partners...
Mar 16, 2025 (Gmt+09:00)
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Real estate
BNK's planned acquisition of Hyundai Motor Securities building falters
BNK Asset Management Co.'s bid to acquire the Hyundai Motor Securities building in central Seoul has hit a stumbling block as the main tenant, Hyund...
Mar 14, 2025 (Gmt+09:00)
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Energy
HD Hyundai, TerraPower to commercialize next-gen SMR
South Korea’s largest shipbuilder, HD Hyundai Heavy Industries Co., is deepening its partnership with TerraPower LLC, the US nuclear venture f...
Mar 12, 2025 (Gmt+09:00)
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Hydrogen economy
Hyundai Motor to build fuel cell plant in South Korea
Hyundai Motor Co. will build a local fuel cell plant in South Korea, accelerating its bid to create an entire hydrogen fuel cell value chain in line...
Mar 11, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha develops cutting-edge stealth paint for next-generation warships
Hanwha Ocean Co., a leading South Korean warship builder, has developed and tested an advanced stealth paint designed for the country’s KDDX n...
Mar 11, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai to invest $206 mn to develop SMR ship
HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE), an intermediary shipbuilding holding company of HD Hyundai Co., will invest up to 30...
Mar 10, 2025 (Gmt+09:00)
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Korean games
Netmarble to launch new game 'RF Online Next'
Netmarble Corp., South Korea’s leading game developer, is slated to roll out “RF Online Next” on March 20, a revamp of the old tit...
Mar 10, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai, Palantir chiefs discuss AI shipyard, defense technology
Chung Kisun, executive vice chairman of the world’s largest shipbuilder HD Hyundai Co., has met with Alex Karp, CEO of Palantir Technologies I...
Mar 09, 2025 (Gmt+09:00)
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Future mobility
Hyundai, Avride join hands to develop autonomous robotaxis
Hyundai Motor Co. has agreed to partner with Avride, an autonomous driving technology startup, to develop driverless robotaxis based on all-electric...
Mar 06, 2025 (Gmt+09:00)
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Electric vehicles
Hyundai, Kia ready to ramp up EV output in Europe, US
South Korea’s top two automakers Hyundai Motor Co. and Kia Corp. are expected to ramp up electric vehicle production in Europe and the US to b...
Mar 06, 2025 (Gmt+09:00)
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Korean startups
Hyundai Motor spins off 4 in-house startups in energy, AI, mobility
South Korea’s auto behemoth Hyundai Motor Group has spun off its four in-house startups with innovative technologies in mobility, automation a...
Mar 04, 2025 (Gmt+09:00)
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Automobiles
Hyundai CEO Muñoz named MotorTrend Person of the Year
South Korea’s top carmaker Hyundai Motor Co. Chief Executive Officer José Muñoz was picked as the most powerful figure in the in...
Feb 28, 2025 (Gmt+09:00)
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Bio & Pharma
Chong Kun Dang to build new plant for foray into biologics market
Chong Kun Dang Pharmaceutical Corp. is discussing building a research center and a plant in Siheung, about 30 kilometers southwest of Seoul, with th...
Feb 27, 2025 (Gmt+09:00)
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Machinery
Hyundai Rotem inks $1.5 bn Morocco train supply deal
South Korea’s Hyundai Rotem Co. said on Wednesday it has won a 2.2 trillion won ($1.5 billion) train order from Morocco, the biggest single de...
Feb 26, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai, Hanwha Ocean to jointly bid for high-stakes warship deals
South Korea’s two warship builders – HD Hyundai Heavy Industries Co. and Hanwha Ocean Co. – have agreed to join forces to pur...
Feb 26, 2025 (Gmt+09:00)
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Batteries
Hyundai, Samsung deepen ties to win humanoid race
South Korea’s household technology and automotive names Samsung and Hyundai have reinforced their alliance to capture the global humanoid robo...
Feb 25, 2025 (Gmt+09:00)
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Automobiles
Hyundai Motor sets up AI research arm CoMo China
Hyundai Motor Co. in December established CoMo China in Shanghai to spearhead artificial intelligence research and development in its push for softw...
Feb 24, 2025 (Gmt+09:00)
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Stocks
KKR recoups $206 mn in block sale of HD Hyundai Marine shares
Global private equity firm KKR & Co. Inc. has succeeded in cashing out of its stake in HD Hyundai Marine Solution Co. for 295 billion won ($206 ...
Feb 21, 2025 (Gmt+09:00)
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Corporate governance
Hyundai Motor taps ex-CPPIB private equity head Suyi Kim for board role
Hyundai Motor Co. has tapped Suyi Kim, former private equity head of the Canada Pension Plan Investment Board (CPPIB) and Benjamin Tan, an ex-portfo...
Feb 20, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
HMM seeks to acquire parts of SK Shipping for $1.4 bn from Hahn & Co.
HMM Co., South Korea’s largest ocean carrier, is seeking to buy SK Shipping Co., excluding its liquefied natural gas (LNG) transportation busi...
Feb 20, 2025 (Gmt+09:00)
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Aerospace & Defense
S.Korea’s defense order backlog reaches record $73.1 billion at end-2024
South Korea’s seven major defense companies saw their combined order backlog reach a record 105.6 trillion won ($73.1 billion) at the end of 2...
Feb 17, 2025 (Gmt+09:00)
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Automobiles
Hyundai Motor launches future strategy division overseeing M&As
Hyundai Motor Group has created a future business strategy division that serves as a control tower for the automotive group’s expansion into n...
Feb 16, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
HD Korea Shipbuilding premieres nuclear-powered ship design
HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE), the parent of the world’s largest shipbuilder HD Hyundai Heavy Industries Co.,...
Feb 13, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai, Hanwha to tap into $242 billion US Navy warship market
South Korea’s two warship builders – HD Hyundai Heavy Industries Co. and Hanwha Ocean Co., – are set to ride tailwinds in their bi...
Feb 12, 2025 (Gmt+09:00)
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Tech, Media & Telecom
Microsoft CEO Nadella seeks AI alliance with Hyundai, POSCO, Shinhan, KT
Microsoft Corp. Chairman and Chief Executive Satya Nadella is seeking to forge an artificial intelligence alliance with major South Korean companies...
Feb 11, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai in talks to buy back Korean ship parts maker
HD Hyundai Co., the world’s second-largest shipbuilder, is in talks with a private equity firm to buy back a South Korean ship parts manufactu...
Feb 10, 2025 (Gmt+09:00)
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Artificial intelligence
LG, SNU team up to develop AI modeling for protein structure predictions
LG AI Research Institute, the artificial intelligence think-tank of LG Group, South Korea’s fourth-biggest conglomerate, on Thursday signed a ...
Feb 06, 2025 (Gmt+09:00)
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