Hyundai Motor raises N.America workforce, cuts China staff

Hyundai Motor raises N.America workforce, cuts China staff

Hyundai Motor Co., South Korea’s top automaker, ramped up its workforce in North America by more than 50% last year where its presence is grow...

Easing car delivery crunch: Boon or bane for Hyundai, Kia?

Easing car delivery crunch: Boon or bane for Hyundai, Kia?

Just like its global peers, Hyundai Motor Co. and Kia Corp. have suffered from the chip shortage that bogged down the entire auto industry for nearl...

Hyundai E&C, Samsung Eng. partner with Saudi Aramco

Hyundai E&C, Samsung Eng. partner with Saudi Aramco

South Korea’s Hyundai Engineering & Construction (Hyundai E&C) Co. and Samsung Engineering Co. were selected as official partners of N...

Korean firms with high ESG scores show great P/E ratios

Korean firms with high ESG scores show great P/E ratios

South Korean corporates’ price-earnings ratios are affected by their environmental, social and governance (ESG) management, experts said at an...

Hyundai's IONIQ 6 wins accolades for streamlined design

Hyundai's IONIQ 6 wins accolades for streamlined design

Hyundai Motor Co.’s first all-electric sedan IONIQ 6 has received accolades from foreign media for its streamlined design and low chassis, whi...

LS Cable to step up ESG efforts by recycling wooden cable drums

LS Cable to step up ESG efforts by recycling wooden cable drums

LS Cable & System Ltd. is slated to begin recycling wooden cable drums as part of its environmental, social and governance (ESG) management effo...

Korea shipbuilders throttle up wind farm business

Korea shipbuilders throttle up wind farm business

South Korea’s major shipbuilders are competing to lead the global wind farm industry, an emerging game-changer in the renewable energy sector,...

Hyundai Motor scraps LNG plant construction plan

Hyundai Motor scraps LNG plant construction plan

Hyundai Motor Co. has scrapped a plan to build a liquefied natural gas (LNG)-fueled plant to power its main production lines in South Korea due to a...

Hyundai Motor to launch investment affiliate in US for further growth

Hyundai Motor to launch investment affiliate in US for further growth

South Korea’s Hyundai Motor Group will establish an investment company in the US state of Delaware to expand its presence in the North America...

NCSOFT publishes second ESG report with a playbook concept

NCSOFT publishes second ESG report with a playbook concept

NCSOFT Corp., a leading South Korean game developer, has published its second annual sustainability report using a playbook map concept. The re...

Aramco-backed Hyundai Oilbank wins prelim nod for H2 IPO

Aramco-backed Hyundai Oilbank wins prelim nod for H2 IPO

South Korea's Hyundai Oilbank Co. on Wednesday won preliminary approval for an initial public offering on the Korea Exchange, which may provide its ...

Korean biotech L&C Bio issues convertible bonds worth $46 mn

Korean biotech L&C Bio issues convertible bonds worth $46 mn

South Korean biotech company L&C Bio, which specializes in tissue regeneration treatment, is poised to ramp up its expansion into the Chinese ma...

Hyundai showcases IONIQ 6, electrified streamliner

Hyundai showcases IONIQ 6, electrified streamliner

Hyundai Motor Co. on Wednesday unveiled the design of the IONIQ 6, its first all-electric sedan on an exclusive EV platform, with which South Korea&...

Hyundai’s US partner Aptiv invests in self-driving startup StradVision

Hyundai’s US partner Aptiv invests in self-driving startup StradVision

Aptiv PLC, one of the world’s big three autonomous driving technology companies, has agreed to invest 50 billion won ($39 million) in StradVis...

Hyundai Mobis sees global carmakers’ orders up 50%

Hyundai Mobis sees global carmakers’ orders up 50%

Hyundai Mobis Co., South Korea’s largest auto parts producer, expected orders from global carmakers excluding Hyundai Motor Group affiliates t...

Hyundai, Kia set for record profit with lower incentives than Toyota

Hyundai, Kia set for record profit with lower incentives than Toyota

South Korea’s two largest automakers – Hyundai Motor Co. and Kia Corp. – are expected to post their highest ever profit for the se...

Hyundai Doosan Infracore to develop hydrogen engines for commercial use

Hyundai Doosan Infracore to develop hydrogen engines for commercial use

Hyundai Doosan Infracore Co., a South Korean construction equipment company, said on June 26 that it will start a state-run project to develop hydro...

LG Electronics, GS acquire AppleMango to launch EV charging business

LG Electronics, GS acquire AppleMango to launch EV charging business

LG Electronics Inc., in partnership with GS Group, is advancing into the electric vehicle charging service market by acquiring AppleMango Co., a Sou...

Hyundai Mobis’ smart cabin: Healthcare center on the move

Hyundai Mobis’ smart cabin: Healthcare center on the move

Many traffic accidents are caused by drowsy driving, fatigue or the driver’s abnormal health conditions.Automakers around the world have str...

S.Korean conglomerates look to paint future with NFTs

S.Korean conglomerates look to paint future with NFTs

The non-fungible token (NFT) ecosystem has penetrated into mainstream society. NFTs are digital assets that represent objects in the physical world,...

Hyundai Mobis CEO runs for ISO president as first Korean candidate

Hyundai Mobis CEO runs for ISO president as first Korean candidate

Hyundai Mobis Co. CEO Cho Sung-hwan has registered as a candidate for the next presidential election of the International Organization for Standar...

Hyundai's woes: Too many cars rolling out of Korean plants

Hyundai's woes: Too many cars rolling out of Korean plants

The eight-day South Korean truck drivers’ strike that ended last week has laid bare one long-standing but often ignored problem at the country...

Kia Sportage speeds up Hyundai’s eco-friendly push

Kia Sportage speeds up Hyundai’s eco-friendly push

Kia Corp.'s Sportage plug-in hybrid electric vehicle (PHEV) was recently recognized as the best model in the segment by two influential German auto ...

Hyundai to end hatchback coupe Veloster as Kona, Avante N favored

Hyundai to end hatchback coupe Veloster as Kona, Avante N favored

South Korea’s top automaker Hyundai Motor Co. will discontinue the production of its hatchback coupe Veloster to focus on the more popular hig...

It's time to bet on high-yield bond funds: Barings

It's time to bet on high-yield bond funds: Barings

High-yield bonds generally create greater yields than other funds, but low-quality bonds are vulnerable to economic downturns and the firms’ c...

Hyundai Heavy, Glovis to make world's largest liquefied CO2 carrier

Hyundai Heavy, Glovis to make world's largest liquefied CO2 carrier

South Korea’s shipbuilding giant Hyundai Heavy Industries Group and shipping company Hyundai Glovis Co. have joined forces to develop the worl...

Hyundai Engineering, USNC to build micro reactor in Canada

Hyundai Engineering, USNC to build micro reactor in Canada

Hyundai Engineering Co., the plant engineering and construction unit of South Korea’s Hyundai Motor Group, and Ultra Safe Nuclear Corp. (USNC)...

Hyundai revs up car output amid signs of easing auto chip crunch

Hyundai revs up car output amid signs of easing auto chip crunch

As the global chip supply shortage shows signs of easing, South Korea’s top automaker Hyundai Motor Co. is working down its order backlog by...

Hyundai Robotics, Vodafone to provide service robots in Germany

Hyundai Robotics, Vodafone to provide service robots in Germany

South Korean robotics firm Hyundai Robotics Co. announced it signed a letter of intent for a business partnership with global telecommunications gia...

Hyundai’s luxury Genesis goes bespoke under One of One brand

Hyundai’s luxury Genesis goes bespoke under One of One brand

Owning a luxury car with the design, interior finish or even engine power to one's liking is what drivers dream of but seems out of reach for most.G...

US unveils 25% tariffs on S.Korea; sets Aug. 1 deadline for agreement Samsung’s Q2 operating profit plunges 56% on sluggish chip sales Samsung Heavy Industries clinches $635 mn preliminary FLNG deal with African shipowner Gochujang, fiery seasonings: K-sauces go viral among adventurous foreign palates HD Hyundai, India’s Cochin Shipyard to pursue joint shipbuilding orders