Hyundai Development Company
Scope
Date
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Tech, Media & Telecom
LG Display to invest $500 mn to boost smaller OLED output
LG Display Co., the world’s No. 1 manufacturer of large-sized organic light-emitting display (OLED), will invest about 700 billion won ($500 m...
Jun 05, 2025 (Gmt+09:00)
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Automobiles
Hyundai Motor Group dominates US Best Cars for Teens awards
Hyundai Motor Group has claimed seven out of 12 categories in US News & World Report’s Best Cars for Teens for 2025 awards, marking its fo...
Jun 04, 2025 (Gmt+09:00)
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Mergers & Acquisitions
KT&G seeks $200 mn acquisition of Nordic nicotine pouch maker
KT&G Corp. is in talks to acquire a leading nicotine pouch company in Northern Europe for about 300 billion won, or $200 million, investme...
Jun 04, 2025 (Gmt+09:00)
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Artificial intelligence
Samsung, Perplexity close to AI alliance: Bloomberg
Samsung Electronics Co. is reportedly in advanced talks to equip its next flagship Galaxy smartphone series with the artificial intelligence-powered...
Jun 02, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Hanjin KAL, LS expand defense business alliance to counter Hoban Group
South Korea’s Hanjin Group and LS Group are tightening their alliance further against Hoban Group, which is raising its stake in Hanjin.Korean...
May 30, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Ocean to team up with Polish shipyards for Navy project bid
Hanwha Ocean Co. is ramping up efforts to win Poland's highly competitive next-generation submarine project, worth around 3 trillion won ($2.2 billi...
May 30, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai Group joins S.Korea’s 100 trillion won market cap club
South Korean shipbuilding conglomerate HD Hyundai Group has joined South Korea’s elite club of conglomerates with a market capitalization exce...
May 28, 2025 (Gmt+09:00)
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Artificial intelligence
LG CNS, Cohere co-develop Korean-specific agentic AI
LG CNS Co., the information technology services arm of South Korea’s LG Group, has unveiled a lightweight Korean-specific large language model...
May 26, 2025 (Gmt+09:00)
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Beauty & Cosmetics
Shinsegae, Ascent Equity Partners weigh acquisition of C&C International
South Korean retail giant Shinsegae Group is seeking to acquire local color cosmetics manufacturer C&C International Co. in partnership with pri...
May 25, 2025 (Gmt+09:00)
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Pension funds
NPS to ramp up shareholder engagement with overseas companies
South Korea’s National Pension Service (NPS) plans to deepen shareholder engagement with its foreign portfolio companies, signaling a more ass...
May 23, 2025 (Gmt+09:00)
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Private equity
KKR sells 9.5% stake in HD Hyundai Marine, recoups $450 million
Global private equity firm KKR & Co. Inc., formerly known as Kohlberg Kravis Roberts & Co., has sold a 9.5% stake in HD Hyundai Marine Solut...
May 23, 2025 (Gmt+09:00)
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Energy
Hanwha Q Cells eyes tandem cell mass production in 2027
Hanwha Q Cells Co., the solar panel manufacturing unit of South Korea's Hanwha Solutions Corp., is expected to commercialize tandem modules by 2027,...
May 22, 2025 (Gmt+09:00)
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Bio & Pharma
Samsung Biologics to spin off biosimilar unit Samsung Bioepis
Samsung Biologics Co., the world’s largest contract drugmaker, will undergo a strategic split to separate its contract development and manufac...
May 22, 2025 (Gmt+09:00)
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ASK 2025
NPS boosts allocation to direct lending, secondaries
The National Pension Service (NPS), the world’s third-largest pension fund, has been further diversifying its portfolio through increased expo...
May 21, 2025 (Gmt+09:00)
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Healthcare
Korea’s aesthetic medicine enjoys golden era with surge in foreign spending
As beauty-conscious tourists continue to flock to Seoul’s clinics, South Korea’s aesthetic medicine sector may be entering a golden era,...
May 19, 2025 (Gmt+09:00)
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Upcoming IPOs
UK chip testing device maker TeraView seeks Kosdaq debut
TeraView Ltd., a UK semiconductor inspection device maker, is aiming to list on South Korea’s Kosdaq market in the second half of this year, i...
May 16, 2025 (Gmt+09:00)
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Beauty & Cosmetics
K-Beauty defies seasonal slump with record $980 mn in April exports
The global appetite for Korean beauty products shows no sign of slowing, with their exports in April surging 20% year on year to a record high, ev...
May 16, 2025 (Gmt+09:00)
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Machinery
Hyundai Rotem lands $301 mn Taiwan driverless train deal
Hyundai Rotem Co. has won a 420 billion won ($301 million) order to build autonomous electric trains for Taiwan’s Taichung Metro, adding to a ...
May 16, 2025 (Gmt+09:00)
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Bio & Pharma
South Korea’s Rznomics inks $1.3 bn out-licensing deal with Eli Lilly
Rznomics Inc., a South Korean RNA therapeutics developer, has signed an agreement worth more than $1.3 billion with US pharmaceutical giant Eli Lill...
May 16, 2025 (Gmt+09:00)
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Automobiles
Hyundai Motor, PIF break ground on Saudi Arabia plant
Hyundai Motor Co. has joined forces with the Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund, to build its first manufactur...
May 15, 2025 (Gmt+09:00)
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Electronics
LG Innotek, Boston Dynamics team up to develop Atlas eyes
LG Innotek Co., a leading South Korean electronics parts maker, will jointly develop new vision sensing systems with Boston Dynamics Inc., a major g...
May 12, 2025 (Gmt+09:00)
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Corporate strategy
Hankook & Company to set up CVC with $11 mn in funding
Hankook & Company Co., the holding company of Hankook Tire & Technology Co., announced Thursday a plan to launch a wholly owned corporate ve...
May 09, 2025 (Gmt+09:00)
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Korean games
NCSOFT invests in US game startup emptyvessel
NCSOFT Corp. has made an equity investment in emptyvessel, a US indie games studio, as part of efforts to expand into the first-person shooter genre...
May 04, 2025 (Gmt+09:00)
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Bio & Pharma
Samsung Biologics bags $514 mn CMO contract from US pharma
Samsung Biologics Co., the world’s largest contract manufacturing organization (CMO), said on Monday it has secured a $5.14 million order from...
Apr 28, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Kyobo Life poised to buy Japan’s SBI Group-owned savings bank
Kyobo Life Insurance Co. is in the final stages of negotiation with Japanese financial group SBI Holdings Inc. to buy about a 50% stake in SBI Savin...
Apr 24, 2025 (Gmt+09:00)
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Earnings
Hyundai Motor posts solid Q1; rough road ahead on Trump's auto tariffs
South Korea’s top automaker Hyundai Motor Co. defied mounting global trade headwinds and a fresh round of US import tariffs to deliver record ...
Apr 24, 2025 (Gmt+09:00)
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Batteries
POSCO Future M to make spherical graphite as it cuts dependence on China
POSCO Future M Co., South Korea’s leading battery materials maker, is set to manufacture spherical graphite – a critical material for ba...
Apr 23, 2025 (Gmt+09:00)
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Batteries
Samsung SDI, Hanwha Ocean to usher in battery-driven submarine era
Hanwha Ocean Co. and Samsung SDI Co. will start evaluating their jointly developed lithium-ion battery system for a submarine with South Korea&rsquo...
Apr 21, 2025 (Gmt+09:00)
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Steel
POSCO to invest in Hyundai Steel’s Louisiana plant
South Korea’s top steel maker POSCO has decided to invest in Hyundai Steel Co.'s first overseas plant in Louisiana and collaborate on research...
Apr 21, 2025 (Gmt+09:00)
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Automobiles
Hyundai to launch 42 new cars to cope with Trump tariffs, EV slowdown
Hyundai Motor Group, the world’s third-largest automaker, plans to unveil 42 new models, including hybrids of existing cars, next year to cope...
Apr 20, 2025 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet