Hyundai Investments
Scope
Date
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Korean chipmakers
Hana Micron to develop 2.5D packaging for Nvidia’s H100 AI chip: CEO
With burgeoning demand for high-performance artificial intelligence chips, back-end process technology, which assembles various semiconductors and t...
Feb 29, 2024 (Gmt+09:00)
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Korean startups
Kakao Ventures invests in AI optimization startup Omelet
Kakao Ventures Corp. has made an undisclosed amount of seed investment into Omelet, a South Korean early stage startup developing industrial operati...
Feb 29, 2024 (Gmt+09:00)
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Airlines
Race for Asiana's cargo unit heats up among local bidders
The proposed merger of South Korea’s two largest carriers, Korean Air Lines Co. and Asiana Airlines Inc., is intensifying competition among lo...
Feb 28, 2024 (Gmt+09:00)
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Venture capital
Mubadala ties up with Korea’s Woori for global investments
Mubadala Investment Co., Abu Dhabi’s sovereign wealth fund, has joined hands with Woori Financial Group, South Korea’s fourth-largest fi...
Feb 28, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor unveils 2024 Staria Hybrid
Hyundai Motor Co. announced on Wednesday that it will begin pre-orders for the upcoming Staria Hybrid model and the 2024 Staria on Feb. 28. H...
Feb 28, 2024 (Gmt+09:00)
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Private equity
NH Investment launches $150 mn real estate fund
South Korea’s NH Investment & Securities Co. said on Wednesday it has launched a 200 billion won ($150 million) real estate fund for insti...
Feb 28, 2024 (Gmt+09:00)
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Bio & Pharma
Samsung targets gene therapy sector through US investments
Samsung Group is targeting the gene therapy business through investments in US biotechnology companies as the leading South Korean conglomerate is s...
Feb 27, 2024 (Gmt+09:00)
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Artificial intelligence
Seoul City, Cyber Vally to support AI startups for overseas expansion
Seoul City announced on Tuesday that it will collaborate with Cyber Valley GmbH, Europe's largest artificial intelligence (AI) research consortium, ...
Feb 27, 2024 (Gmt+09:00)
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Korean stock market
Korea announces measures to upvalue local shares
The South Korean financial regulator announced basic guidelines under the so-called corporate value-up program on Monday, with measures to boost the...
Feb 26, 2024 (Gmt+09:00)
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Machinery
Hyundai Everdigm enters NA construction machinery market
South Korea’s Hyundai Everdigm Corp. announced on Monday that it has signed a dealership agreement with the US-based heavy equipment special...
Feb 26, 2024 (Gmt+09:00)
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Automobiles
Hyundai, Kia enjoy renewed popularity of LPG trucks Porter, Bongo
Many economists are trumpeting weak business conditions for the coming months. But an economic slowdown isn’t all that bad for Hyundai Motor C...
Feb 26, 2024 (Gmt+09:00)
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Energy
Hyundai E&C likely to win Bulgaria’s nuclear project
South Korea’s Hyundai Engineering & Construction Co. (Hyundai E&C) was picked as the preferred bidder for Bulgaria's new nuclear react...
Feb 26, 2024 (Gmt+09:00)
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Automobiles
Hyundai to reignite Brazil’s mobility push with $1.1 billion investment
South Korea’s top automaker Hyundai Motor Co. said on Friday it will invest $1.1 billion in Brazil to reinvigorate the South American country&...
Feb 23, 2024 (Gmt+09:00)
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Automobiles
Korea’s HL Mando launches auto parts JV with China’s Tianrun
HL Mando Corp., an electric vehicle and self-driving system developing unit of South Korea’s HL Group, said on Thursday it has launched an aut...
Feb 22, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai Marine bags order to upgrade Chevron LNG tankers
HD Hyundai Marine Solution Co., a ship maintenance, retrofitting and digital solution provider under HD Hyundai Co., has won an order from Chevron C...
Feb 22, 2024 (Gmt+09:00)
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Automobiles
Hyundai, Kia aim to raise Indian sales after record output
Hyundai Motor Co. and Kia Corp., South Korea’s two largest automakers, aim to raise sales by 4.2% in India this year after logging record vehi...
Feb 22, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor launches EVery care for electric cars
Hyundai Motor Co. announced on Thursday that it launched EVery Care, an integrated program that will take care of customers' electric vehicle (EV) l...
Feb 22, 2024 (Gmt+09:00)
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Korean startups
AI device solution startup Sorcerics gets seed round
South Korea’s artificial intelligence (AI) smart device solution startup Sorcerics, founded by former Google and Microsoft employees, an...
Feb 22, 2024 (Gmt+09:00)
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Construction
Hyundai Engineering wins Asia Design Prize 2024
South Korea's Hyundai Engineering Co. announced on Wednesday that it won the Asia Design Prize 2024, an international design competition in Asia...
Feb 21, 2024 (Gmt+09:00)
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Aerospace & Defense
HD Hyundai, Babcock to co-develop submarine for export
South Korea's HD Hyundai Heavy Industries Co. announced on Wednesday that it will collaborate with the UK-based renowned defense company Babcock Int...
Feb 21, 2024 (Gmt+09:00)
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Asset management
Mirae Asset taps Goldman veteran O’Connor as Global X ETFs CEO
South Korea’s Mirae Asset Global Investments Co. said on Wednesday it has appointed Ryan O’Connor, a Goldman Sachs veteran, as chief exe...
Feb 21, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai Motor Group in test run of dedicated EV plant in Korea
Hyundai Motor Group, the world’s No. 3 automaker, started a test operation of the first dedicated electric vehicle factory in South Korea to a...
Feb 21, 2024 (Gmt+09:00)
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Artificial intelligence
SK Telecom invests in Lambda to foray into AI cloud market
SK Telecom Co., South Korea’s largest mobile carrier, said on Wednesday it has invested in Lambda, a graphics processing unit (GPU) cloud prov...
Feb 21, 2024 (Gmt+09:00)
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Retail
Hyundai Dept. Store, Siam Piwat to collaborate for K-content
South Korea’s Hyundai Department Store Co. announced on Wednesday that it signed a business agreement with Thailand’s retail giant Siam ...
Feb 21, 2024 (Gmt+09:00)
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Future mobility
Hyundai, Kia team up with KAIST on self-driving car sensor
Hyundai Motor Co. and Kia Corp., South Korea’s two largest automakers, have joined hands with the nation's top national research university to...
Feb 21, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HMM, Hyundai Glovis aim for car shipping sector as rates jump
South Korea’s major ocean carriers HMM Co. and Hyundai Glovis Co. aim to take advantage of the booming car shipping business as vehicle freigh...
Feb 20, 2024 (Gmt+09:00)
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The KED View
Shareholder activism at the cost of facility investments
South Korea’s large business groups are in emergency mode to brace for proxy fights with activist funds at annual general meetings (AGMs) next...
Feb 20, 2024 (Gmt+09:00)
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Korean startups
Altos Ventures invests $9.4 mn in Techtaka
South Korea's Altos Ventures announced on Tuesday that it has invested 12.6 billion won ($9.4 million) in the software-centric fulfillment company T...
Feb 20, 2024 (Gmt+09:00)
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Corporate bonds
Korean brokerages expand bond issues to repay short-term debts
South Korea’s mid-sized brokerage firms are increasingly embracing bond sales as several large firms sold their bonds in January amid investor...
Feb 20, 2024 (Gmt+09:00)
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Electronics
HD Hyundai to build power distribution device plant in Cheongju
South Korea's HD Hyundai Electric Co. announced on Tuesday that it will invest 117.3 billion won ($87.72 million) in building a new medium and low...
Feb 20, 2024 (Gmt+09:00)
Latest News
- 1 BOK chief warns against aggressive policy rate cuts, sees need for fiscal stimulus
- 2 S.Korea eases path for foreign REITs in senior housing push
- 3 Koramco targets $7 bn bets on Korea data centers
- 4 Lotte Chemical, HD Hyundai seek big deal via merger of naphtha cracking facilities
- 5 South Korea accelerates stablecoin framework in global race