Hyundai Motor Company exports
Scope
Date
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Steel
Hyundai mulls building 1st overseas steel mill in Louisiana
WASHINGTON, D.C. – Hyundai Motor Group is considering building its first overseas steel mill in New Orleans, Louisiana, according to industry ...
Jan 07, 2025 (Gmt+09:00)
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Korean Innovators at CES 2025
LG Electronics, Microsoft sign strategic partnership on AI agents
LAS VEGAS – South Korea’s top home appliance maker LG Electronics Inc. has signed a strategic partnership with US tech giant Micros...
Jan 07, 2025 (Gmt+09:00)
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Debt financing
POSCO’s new bond sale seven times oversubscribed
South Korean steelmaker POSCO’s new bond issue for 500 billion won ($343 million) was seven times oversubscribed, which may encourage the comp...
Jan 07, 2025 (Gmt+09:00)
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Leadership & Management
Hyundai's Chung urges guarding against pessimism in ‘perfect storm’
Hyundai Motor Group Executive Chairman Chung Euisun on Monday urged executives and employees to guard against pessimism amid a “perfect storm&...
Jan 06, 2025 (Gmt+09:00)
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Korean startups
Hyundai Motor to introduce 10 startups in robotics, AI at CES 2025
Hyundai Motor Group, which has been promoting open innovation through generous investment in startups with promising technologies, will lead 10 cher...
Jan 06, 2025 (Gmt+09:00)
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Beauty & Cosmetics
Korean cosmetics beat Chanel, Lancôme to rank top in US, Japan
South Korea’s cosmetics products, also known as K-beauty, have gained global renown, overtaking French brands such as Chanel and Lancôme...
Jan 05, 2025 (Gmt+09:00)
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Energy
SK Energy, Korea’s first refiner to export sustainable aviation fuel to Europe
SK Energy Co., South Korea’s largest oil refiner, said on Sunday it has shipped its first batch of sustainable aviation fuel (SAF) to Europe, ...
Jan 05, 2025 (Gmt+09:00)
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Automobiles
Hyundai, Kia sell 7.23 mn units together in 2024, eye more sales in 2025
Hyundai Motor Co. and its sibling Kia Corp. have set a target to sell a combined 7.39 million units around the globe this year with greater focus on...
Jan 03, 2025 (Gmt+09:00)
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Shareholder activism
Korean activist investors to routinize campaigns throughout year
South Korea’s activist investors are set to routinize campaigns all year long rather than launch fresh moves only before annual general meetin...
Jan 03, 2025 (Gmt+09:00)
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Webtoons
S.Korea's webtoon industry sales surpasses $1.36 bn
South Korea's webtoon market size surpassed 2 trillion won ($1.36 billion) for the first time. The South Korean Ministry of Culture, Sports and...
Jan 03, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
HD KSOE eyes $180.05 bn worth of orders in 2025
South Korea’s largest shipbuilder, HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE), said Friday it aims to win $180.05 billion ...
Jan 03, 2025 (Gmt+09:00)
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Electric vehicles
Hyundai, Kia EVs qualify for US subsidies for first time
Five electric vehicle models from Hyundai Motor Group, encompassing Kia Corp., were included in the 25 EV models qualifying for US tax credits in 20...
Jan 02, 2025 (Gmt+09:00)
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Food & Beverage
S.Korea's exports of snack exceed $700 mn mark in 2024
South Korea's confectionery exports from January to November last year increased 16.5% year over year surpassing $700 million for the first time, ac...
Jan 02, 2025 (Gmt+09:00)
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Economy
Korea’s 2024 exports hit all-time high, driven by chips, shipments to China
South Korea’s exports, the country’s main growth driver, reached an all-time high in 2024, buoyed by strong semiconductor exports and a ...
Jan 02, 2025 (Gmt+09:00)
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Korean food
K-food, fashion, beauty to up ante on global push in 2025
South Korean food, beauty and fashion companies, which have enjoyed robust demand for their products in overseas markets this year, will grow bolder...
Dec 31, 2024 (Gmt+09:00)
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Food & Beverage
S.Korea's office cafeteria firms expand into overseas markets
South Korea's office cafeteria companies, including Hyundai Green Food Co., Ourhome, and Samsung Welstory plan to expand overseas markets with the p...
Dec 30, 2024 (Gmt+09:00)
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Economy
S.Korea-Philippines FTA to boost car and food exports
South Korea and the Philippines free trade agreement (FTA) is expected to increase exports to the Philippines, especially cars and parts, which will...
Dec 30, 2024 (Gmt+09:00)
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Logistics
Hanjin expands GDC at Incheon Airport
South Korea's Hanjin Transportation said on Monday it expanded its global distribution center (GDC) at Incheon International Airport to meet the dem...
Dec 30, 2024 (Gmt+09:00)
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Economy
South Korea jumps to world’s No. 6 exporter; 2025 outlook dims
South Korea has sharply narrowed the gap in export value with Japan to a record low of $20.2 billion so far this year. But the country’s expor...
Dec 29, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha Systems to export K11's tactical control to Egypt
Hanwha Systems Co., a leading South Korean defense company, said on Monday it will export fire tactical control systems of K11 Fire Direction Center...
Dec 27, 2024 (Gmt+09:00)
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Machinery
Hyundai Rotem delivers driverless metro cars to Taiwan
Hyundai Rotem Co., a South Korean rolling stock and defense equipment maker, said on Friday it held a ceremony to mark the arrival of the first ba...
Dec 27, 2024 (Gmt+09:00)
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Batteries
HD Hyundai Infracore to invest $79.6 mn in engine, battery pack
South Korea's HD Hyundai Infracore Co. said on Monday it signed a memorandum of understanding (MOU) with North Jeolla Special Self-Governing Provinc...
Dec 26, 2024 (Gmt+09:00)
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Batteries
SK Nexilis gets $133 mn subsidy from Poland
South Korea's SK Nexilis Co., the world’s largest copper foil maker, said on Monday it received a $133 million subsidy from the Polish gover...
Dec 26, 2024 (Gmt+09:00)
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Food & Beverage
SPC Samlip to export ggultteok in H1 2025
SPC Samlip Corp., a subsidiary of South Korea’s food and bakery giant SPC Group, said on Monday that its rice cake franchise Bizeun developed ...
Dec 26, 2024 (Gmt+09:00)
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Banking & Finance
Lotte Card Card to launch loans for affiliates in Vietnam
South Korea's Lotte Card said on Monday it will launch loans for affiliates in Vietnam.Lotte Finance Vietnam, the Vietnamese corporation of Lotte Ca...
Dec 26, 2024 (Gmt+09:00)
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Batteries
LG Energy, Qualcomm to commercialize BMS solution
South Korea's LG Energy Solution Ltd. said on Monday it partnered with Qualcomm Technologies to commercialize its new system-on-chip (SoC)-based bat...
Dec 23, 2024 (Gmt+09:00)
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Bio & Pharma
SK Bioscience, Sanofi to develop next-gen pneumococcal vaccines
South Korea's SK Bioscience Co. said on Friday it signed an expanded agreement with Sanofi to co-develop next-generation pneumococcal conjugate vacc...
Dec 23, 2024 (Gmt+09:00)
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Mergers & Acquisitions
M&A deals in South Korea hit 7-year low in 2024
South Korea’s mergers and acquisitions market shrank further in 2024, with leading business groups seeking to unload non-core assets to bolste...
Dec 23, 2024 (Gmt+09:00)
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Korean food
Daesang launches kimchi brand with three-Michelin-star chef
South Korean leading food maker Daesang Corp., the operator of kimchi brand Jongga, said on Thursday it launched San Ho Won with three-Michelin-star...
Dec 19, 2024 (Gmt+09:00)
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Debt financing
POSCO to raise up to $691 million as next year’s 1st corporate bond issuer
South Korea’s steel-to-battery materials conglomerate POSCO Group plans to raise up to 1 trillion won ($691 million) in the country’s fi...
Dec 19, 2024 (Gmt+09:00)
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