Brokerage firms at odds on Hyundai Glovis outlook

Brokerage firms are showing sharp divide in the share price outlook of Hyundai Glovis Co., a logistics unit of the Hyundai Automotive Group. The optim...

Hyundai Motor reports Q3 loss on $2 bn provisioning

Hyundai Motor Co. turned to an operating loss in the third quarter, after it booked 2.1 trillion won ($1.9 billion) as one-off charges related to its ...

Why Lee set fire to over 150,000 mobile phones

This is the first of a four-part series that will delve into Chairman Lee Kun-hee’s New Management initiative that charted Samsung's course to b...

Hyundai Robotics, KFC team up to make chicken-frying robot chefs

Hyundai Robotics Co. and global fried chicken franchise KFC have agreed to jointly develop automated chicken-frying robots as the South Korean industr...

KKR mulls investment in Hyundai Heavy's maintenance arm

South Korea's leading shipbuilder Hyundai Heavy Industries Holdings Co. is in talks with global private equity firm KKR to secure investments as part ...

GS E&C challenges Hyundai Heavy in Doosan deal

GS Engineering & Construction Co. (GS E&C) has joined the bidding for a stake in Doosan Infracore Co. after the bid submission deadline, a mov...

Hydrogen tank supplier to Hyundai prepares for 2021 IPO

Iljin Composites Corp., the only South Korean manufacturer of composite fuel tanks, is set to mandate Mirae Asset Daewoo Co. and Samsung Securities Co...

Hyundai Gloivis, Mobis shares jump on ownership revamp hopes

Two Hyundai Motor Group arms – Hyundai Glovis Co. and Hyundai Mobis Co. – saw their shares rocket Oct. 20 on growing market talk of a poss...

Hyundai Glovis, Hyundai Motor, LG Chem get nod on EV battery recycling

The South Korean government has eased regulations to allow local automakers and battery makers to collaborate on recycling used electric-vehicle batte...

Hyundai, Kia to reflect $2.94 bn quality costs in Q3 results

Hyundai Motor Co. and affiliate Kia Motors Corp. said on Oct. 19 that a combined 3.36 trillion won ($2.94 billion) in quality-related costs will be re...

SK Telecom to spin off mobility unit, launch JV with Uber

SK Telecom Co. is spinning off its mobility platform business as a separate entity and also launching a joint venture with US ride-hailing company Ube...

Hyundai’s hydrogen push gains steam under new leadership

Hyundai Motor Co. is taking the lead in the South Korean government drive to push the hydrogen economy as one of the country’s new growth engine...

New Hyundai Motor Chairman Chung Euisun sets sights on future mobility

Chung Euisun, executive vice chairman of Hyundai Motor Co., has assumed the chairmanship of Hyundai Motor Group, officially confirming his ascension t...

Hyundai Motor begins Singapore innovation lab construction

Hyundai Motor Co., South Korea’s biggest automaker, has begun building an innovation lab in Singapore as part of its efforts to explore new mobi...

Korean mobile game developer buys out German rival

South Korean mobile game developer Com2uS Corp. has acquired a German gaming rival in its first cross-over buyout, in a move to bolster its sports gam...

Hyundai Motor unveils sustainable fashion collection from recycled car materials

Hyundai Motor Co. displayed fashion items made of discarded materials from the automotive manufacturing and scrapping process on Oct. 8, calling it a ...

Hyundai makes inroads into Europe’s hydrogen commercial vehicle market

Hyundai Motor Co. has delivered seven hydrogen-powered trucks to Switzerland in its foray into Europe’s eco-friendly commercial vehicle market, ...

Hyundai Mobis to invest $25 mn in UK vehicle smart display firm

Hyundai Mobis Co., South Korea’s largest auto parts maker, said on Oct. 7 it will invest $25 million in a UK automotive smart display company in...

Hyundai Heavy, and five other Korean groups shortlisted for Doosan Infracore deal

Doosan Group has shortlisted six bidders, including Hyundai Heavy Industries Holdings Co., and four local private equity groups, to acquire a controll...

Samsung beats TSMC to win new Qualcomm order to make mobile chips

Samsung Electronics Co. has clinched a deal with Qualcomm Technologies Inc. to manufacture 5G-capable mobile application processors designed for mid-r...

Hyundai exports hydrogen vehicles to world’s No. 1 oil producer Saudi Aramco

Hyundai Motor Co. has shipped four hydrogen-powered vehicles to Saudi Arabian Oil Co., the world’s largest oil producer, at a time when even the...

Kakao Pay set to be Korea's first mobile-payment fintech to go public

Kakao Pay Corp. is set to become South Korea’s first mobile-payment fintech company to go public as the company kicks off preparations for an in...

Hyundai Heavy, MBK among prelim bidders of Doosan Infracore

Hyundai Heavy Industries Holdings Co., the world’s biggest shipbuilder and South Korea-based MBK Partners have submitted non-binding bids for a ...

Hyundai Motor hires two AI experts to strengthen foothold in future mobility

Hyundai Motor Group has hired two artificial intelligence experts as the company aims to secure its position in the future mobility sector, including ...

Korea’s mobile banking app KakaoBank to push for 2021 IPO

KakaoBank Corp., the mobile banking arm of South Korea’s online messaging app operator Kakao Corp., is planning an initial public offering next ...

Korea’s tractor and farm machinery maker envisions smart mobility firm

Daedong Industrial Co., South Korea’s leading tractor and farm machinery maker, aims to transform into a smart mobility company, applying a...

Hyundai Capital sells $2.5 bn dollar bond; Tongyang Life issues $300 mn perpetual bond

Hyundai Capital America, the US capital arm of Hyundai Motor Group, has issued $2.5 billion worth of global bonds, the largest amount for a local comp...

Hyundai Motor ships fuel cell system to non-automotive European startups

Hyundai Motor Co. has exported its fuel cell system to non-vehicle startups in Europe, expanding its hydrogen business beyond the automobile industry,...

Samsung to make new Qualcomm chips for 5G smartphones with 5nm technology

Samsung Electronics Co. has secured a deal to manufacture Qualcomm Technologies Inc.’s new mobile application processor for 5G smartphones, the ...

Hyundai Card issues green bonds worth $379 mn to finance eco-friendly services

Hyundai Card Co. has issued green bonds worth 450 billion won ($379 million) to fund its green car financing services, the credit card company said on...