HD Hyundai Marine Solution Kospi
Scope
Date
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Automobiles
Hyundai to ramp up hybrid vehicle production next year
Hyundai Motor Co., South Korea’s top automaker, will increase production of hybrid models by some 15% next year to focus on the popular segmen...
Oct 20, 2022 (Gmt+09:00)
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Construction
Hyundai E&C, Holtec embark on detailed design of SMR-160 model
South Korea’s Hyundai Engineering & Construction Co. and its US nuclear reactor partner Holtec International have agreed to start working ...
Oct 20, 2022 (Gmt+09:00)
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Automobiles
Hyundai, Kia to reflect $2 bn quality costs in Q3 earnings
Hyundai Motor Co. and its affiliate Kia Corp., South Korea’s top two automakers, plan to reflect 2.9 trillion won ($2 billion) more in quality...
Oct 18, 2022 (Gmt+09:00)
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Electric vehicles
Hyundai Mobis supplies EV modules to Mercedes in US
South Korea’s top auto parts manufacturer Hyundai Mobis Co. has begun supplying key modules for Mercedes-Benz AG’s electric vehicles pro...
Oct 18, 2022 (Gmt+09:00)
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Logistics
LG Elec speeds up robot biz expansion in logistics sector
LG Electronics Inc., the world’s top home appliance maker, has ramped up expansion of robot applications in the smart logistics sector with it...
Oct 17, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Samsung launches upgraded digital wallet to take on Apple Pay
South Korea’s tech giant Samsung Electronics Co. said on Friday it is launching its digital wallet platform in 13 more countries by year-end t...
Oct 14, 2022 (Gmt+09:00)
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Business & Politics
US DOE officials in Seoul to meet with Hyundai Motor, battery makers
US Department of Energy officials are in South Korea to discuss details of its electric vehicle and battery tax credit law with Korean government of...
Oct 13, 2022 (Gmt+09:00)
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Automobiles
Hyundai to shift gear toward software-centric cars from 2023
Hyundai Motor Group will introduce software-defined vehicles (SDVs) that receive wireless software updates for models to be released from next year,...
Oct 12, 2022 (Gmt+09:00)
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Petrochemicals
Hyundai unveils Korea’s first heavy-feed petrochemical plant
Hyundai Chemical Co. on Wednesday held an official ceremony of completion of South Korea’s first heavy-feed petrochemical complex (HPC), desig...
Oct 12, 2022 (Gmt+09:00)
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Automobiles
Hyundai’s NEXO crossover tops world’s hydrogen vehicle market
Hyundai Motor Co.'s NEXO crossover has become the world’s best-selling hydrogen fuel cell electric vehicle (FCEV) in the first eight months of...
Oct 11, 2022 (Gmt+09:00)
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Automobiles
Hyundai Mobis, Luxoft to unveil infotainment system for future mobility
South Korea’s largest auto parts maker Hyundai Mobis Co. and Swiss technology company Luxoft have jointly developed an advanced in-vehicle inf...
Oct 11, 2022 (Gmt+09:00)
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Korean startups
Korea's data solution provider for small biz becomes unicorn
Korea Credit Data (KCD), a South Korean data solutions provider for small business owners, has become a Korean unicorn, or an unlisted company with ...
Oct 06, 2022 (Gmt+09:00)
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Electric vehicles
Hyundai Mobis to spend $1.3 bn to build US EV parts, module plants
South Korea’s top auto parts maker Hyundai Mobis Co. will spend $1.3 billion until 2030 to build auto parts and module plants for electric veh...
Oct 06, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Heavy's KSOE expected to turn to black in Q3
Korea Shipbuilding & Offshore Engineering Co. (KSOE), under Hyundai Heavy Industries Group, is forecast to have turned to the black for the firs...
Oct 03, 2022 (Gmt+09:00)
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Korean startups
Deep learning SaaS provider Z.Ai wins at D.Camp pitch competition
Deep learning-based Software as a Service (SaaS) provider Z.Ai Inc. won the September pitch competition hosted by Seoul-based startup accelerator D....
Oct 02, 2022 (Gmt+09:00)
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Future mobility
Hyundai’s Trailer Drone concept wins top Red Dot design award
South Korea’s top automaker Hyundai Motor Co. said on Friday its Trailer Drone, a fully autonomous hydrogen mobility concept, has won the top ...
Sep 30, 2022 (Gmt+09:00)
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Markets
Short selling piles up on Kospi’s top three stocks
South Korea’s three largest companies by market cap -- Samsung Electronics Co, LG Energy Solution Co. and SK Hynix Inc. -- were heavily short ...
Sep 30, 2022 (Gmt+09:00)
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Alternative investments
Samsung insurers commit $650 mn to Blackstone's alternative assets
South Korea’s Samsung Life Insurance Co. and Samsung Fire & Marine Insurance Co. have committed to a $650 million injection in some altern...
Sep 28, 2022 (Gmt+09:00)
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Aerospace & Defense
Hyundai Rotem signs defense deal with Norway’s Kongsberg
South Korean arms maker Hyundai Rotem Co. has clinched a strategic partnership with Norway’s Kongsberg Defence & Aerospace AS to jointly d...
Sep 28, 2022 (Gmt+09:00)
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Markets
Kospi hits two-year low; regulators mull short-selling ban
South Korea's stock market tumbled to its lowest level in more than two years on Wednesday, as fears of a slowing global economy and rising inflatio...
Sep 28, 2022 (Gmt+09:00)
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Corporate investment
Higher costs, weaker won put Korean firms’ investments on hold
Rising borrowing costs coupled with the weakening local currency are forcing an increasing number of South Korean companies to withdraw or halt thei...
Sep 27, 2022 (Gmt+09:00)
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Machinery
Hyundai Rotem rolls out Korea’s fastest bullet train
Hyundai Rotem Co., a South Korean railway system maker under Hyundai Motor Group, has rolled out the country’s fastest bullet train that can r...
Sep 27, 2022 (Gmt+09:00)
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Future mobility
Hyundai Mobis hosts future mobility startups in Silicon Valley
South Korea’s Hyundai Mobis Co. will host a future mobility conference, dubbed Mobis Mobility Day, with around 80 experts from mobility startu...
Sep 27, 2022 (Gmt+09:00)
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Automobiles
Self-driving startup 42dot unveils driverless shuttle
South Korea's autonomous transportation startup 42dot, owned by Hyundai Motor Group, on Monday unveiled a driverless electric shuttle installed with...
Sep 26, 2022 (Gmt+09:00)
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Foreign exchange
Korean won at fresh low since global financial crisis as markets crash
The South Korean won on Monday extended losses to a fresh low since the 2008-09 financial crisis as local financial markets lost ground, alongside t...
Sep 26, 2022 (Gmt+09:00)
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Korean stock market
Korea's Kospi plunges to year's record low close on foreign selling
South Korea’s main bourse Kospi dropped 1.81% to finish at 2,290.00 on Sept. 23, hitting a new low closing for the year amid growing woes over...
Sep 25, 2022 (Gmt+09:00)
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Corporate restructuring
Hanwha Solutions seeks spinoffs of Galleria, advanced materials divisions
Hanwha Solutions Corp., the energy and petrochemical arm of the Hanwha Group, is revving up for wide-ranging corporate restructuring to strengthen i...
Sep 23, 2022 (Gmt+09:00)
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Leadership & Management
Korea's Hyundai Mobis CEO Cho elected ISO president
South Korean auto parts maker Hyundai Mobis Co.’s CEO Cho Sung-hwan has been elected as the next president of the International Organization f...
Sep 23, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Heavy to adopt Palantir's big data platform
South Korea’s Hyundai Heavy Industries Group said on Wednesday that it has signed a contract with Palantir Technologies Inc., a US data analyt...
Sep 21, 2022 (Gmt+09:00)
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Construction
Hyundai E&C wins $158 mn order for port facility construction in Kuwait
South Korea’s Hyundai Engineering & Construction Co. announced Tuesday it won a 220 billion won ($157 million) deal from Kuwait to add sev...
Sep 21, 2022 (Gmt+09:00)
Latest News
- 1 Want to look beautiful? – Here’s the 'Made In Korea' mask pack
- 2 LG Chem closes $1 bn water filter division sale to Glenwood PE
- 3 Hyundai Motor-backed Motional names AI veteran Laura Major as CEO
- 4 President Lee: Businesses at center of policy priorities for economic growth
- 5 Samsung supplies HBM3E to AMD’s new accelerators