Hyundai Mobis US plants
Scope
Date
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Aerospace & Defense
Hyundai Rotem closes in on $190 million armored vehicle deal with Peru
Hyundai Rotem Co., a South Korean defense equipment maker, is closing in on a contract to export advanced armored vehicles to Peru – a deal th...
Apr 03, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Mipo wins $184 mn order four mid-sized PC carriers
Hyundai Mipo Dockyard Co., a subsidiary of HD Hyundai Group's shipbuilding division, has secured a construction contract for four medium-sized PC (p...
Mar 31, 2023 (Gmt+09:00)
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Steel
Korean Dongkuk opens 2nd Mexican color-coated steel plant
Dongkuk Steel Mill Co. opened its second color-coated steel plant in Mexico as South Korea’s third-largest steelmaker aims to expand its prese...
Mar 31, 2023 (Gmt+09:00)
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Automobiles
Hyundai debuts possible final Sonata, Tesla joins 1st time: Seoul auto show
Hyundai Motor Co. may consider discontinuing its steady seller Sonata sedan after the latest edition's release, the company’s chief hinted at ...
Mar 30, 2023 (Gmt+09:00)
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Chemical Industry
LG Chem breaks ground on supercritical pyrolysis plant
LG Chem Ltd. has broke ground on a plant for pyrolysis and aerogel, a material for next-generation insulation in Seongmun National Industrial Comple...
Mar 30, 2023 (Gmt+09:00)
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Steel
Dongkuk Steel installs solar power generation facility at Pohang plant
Dongkuk Steel Mill Co., the world's leading manufacturer of color-coated steel, announced on Wednesday that it has installed a 10-megawatt solar pow...
Mar 30, 2023 (Gmt+09:00)
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Korean chipmakers
SK Hynix unsure about applying for US chip subsidies: CEO
SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., said on Wednesday it is unsure about applying for US...
Mar 29, 2023 (Gmt+09:00)
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Food & Beverage
Korean bakery chains attract US customers with bread variety, cosy ambiance
South Korean bakery franchises are enjoying growing popularity in the US, appealing to local customers with a variety of bread products and bakery c...
Mar 29, 2023 (Gmt+09:00)
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Capital raising
Hyundai Capital issues green bonds under eco-friendly biz guidelines
South Korea's Hyundai Capital on Tuesday said it issued green bonds worth 600 billion won ($462.3 million) following K-Taxonomy, a series of governm...
Mar 29, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung, SK Hynix asked to swallow tough pill over US CHIPS Act
WASHINGTON, D.C. – South Korean chipmakers on Tuesday expressed deep concerns about the detailed guidelines of the US CHIPS and Science ...
Mar 28, 2023 (Gmt+09:00)
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Korean food
US set to emerge as top global buyer of Korean kimchi: Daesang
South Korean kimchi exports to the US have soared since the pandemic as local distribution channels expanded and cooking at home increased, accordin...
Mar 28, 2023 (Gmt+09:00)
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Machinery
Hyundai Rotem signs high-speed rail car deal with Korail
Hyundai Rotem Co., a company under the Hyundai Motor Co. Group that specializes in manufacturing rolling stock, defense products and plant equipment...
Mar 28, 2023 (Gmt+09:00)
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Carbon neutrality
Hyundai Glovis, GS Energy jointly pursue clean hydrogen biz
South Korea's logistics company Hyundai Glovis Co. on Monday said it signed a memorandum of understanding on the clean hydrogen and ammonia business...
Mar 28, 2023 (Gmt+09:00)
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Aerospace & Defense
Hyundai E&C, KAI to develop export-type package for defense industry
South Korea's Hyundai Engineering & Construction (E&C) and Korea Aerospace Industries Ltd. (KAI) will jointly develop an export package for ...
Mar 28, 2023 (Gmt+09:00)
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Batteries
Korean battery firms seek benefits from US EV incentive details
South Korea’s battery industry has high hopes for details on requirements for US tax credits on electric vehicles to be announced this week as...
Mar 27, 2023 (Gmt+09:00)
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Batteries
LS Group completes nickel sulfate plant for EV batteries
South Korea’s LS Group said on Monday it has completed construction of a new plant to produce nickel sulfate, a key raw material for next-gene...
Mar 27, 2023 (Gmt+09:00)
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Corporate restructuring
Hyundai Doosan Infracore rebrands as HD Hyundai Infracore
Hyundai Doosan Infracore Co., a construction and machinery subsidiary of HD Hyundai Group, decided to rebrand itself as HD Hyundai Infracore, ...
Mar 27, 2023 (Gmt+09:00)
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Petrochemicals
Kolon Industries achieves certification for eco-friendly petroleum resins
Kolon Industries Inc., a Korean manufacturer of chemical and textile products, announced on Monday that it has become the first company in the domes...
Mar 27, 2023 (Gmt+09:00)
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Artificial intelligence
S.Korea's Riiid launches learning platform to prep for US SAT, ACT tests
South Korea's Riiid, an artificial intelligence (AI)-based provider of educational solutions, on Monday said it has launched R.test, an AI diagnosti...
Mar 27, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korea's microneedle maker Raphas to enter US market
South Korea's microneedle maker Raphas Co. is expediting its entry into the American pharmaceutical market after entering the country's cosmetics se...
Mar 27, 2023 (Gmt+09:00)
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Automobiles
GM's SUV Trax Crossover gets 6,000 preorders in 3 days
The Chevrolet Trax Crossover, a utility vehicle mass produced by General Motors Korea, is soon expected to exceed 10,000 preorders amid greater-than...
Mar 27, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung's Lee visits growth driver MLCC China plant
Samsung Electronics Co. Chairman Jay Y. Lee has chosen Samsung Electro-Mechanics Co.'s new multi-layer ceramic capacitor (MLCC) plant in Tianjin as ...
Mar 27, 2023 (Gmt+09:00)
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Hydrogen economy
Korea's Hyundai E&C, KHNP to promote clean hydrogen projects
Hyundai Engineering & Construction Co., a major construction contractor in South Korea, signed on March 24 a memorandum of understanding (MOU) w...
Mar 27, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung Chairman Lee to meet new premier in China
Samsung Electronics Co. Chairman Jay Y. Lee arrived in Beijing on March 23 to review the chipmaker’s business in China, which is gradually rec...
Mar 24, 2023 (Gmt+09:00)
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Batteries
LG Energy to build $5.6 billion battery complex in Arizona
LG Energy Solution Ltd., the world’s second-largest battery maker, said on Friday it is investing 7.2 trillion won ($5.6 billion) to build a b...
Mar 24, 2023 (Gmt+09:00)
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Food & Beverage
Instant noodle maker Nongshim eyes 3rd plant in US
South Korean instant noodle giant Nongshim Co. is looking to build its third manufacturing plant in the US as the company is seeing sales of its pro...
Mar 24, 2023 (Gmt+09:00)
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Energy
Hanwha to build solar cell components plant in Georgia
South Korea’s Hanwha Advanced Materials Corp. will spend $147 million to build a solar panel components plant in the US state of Georgia, acco...
Mar 24, 2023 (Gmt+09:00)
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Robotics
Hyundai Motor, Kia partner with DeepX to develop robotics services
South Korean carmakers Hyundai Motor Co. and Kia Corp. have partnered with DeepX, a domestic startup that specializes in designing AI semiconductors...
Mar 24, 2023 (Gmt+09:00)
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Machinery
Doosan Bobcat participates in US logistics exhibition under Bobcat brand
Doosan Bobcat, a South Korean manufacturer of construction equipment, announced on Friday that it participated in the ProMat 2023 trade show for sup...
Mar 24, 2023 (Gmt+09:00)
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Automobiles
Hyundai launches 2023 season of HMG Driving Experience Center
Hyundai Motor Group announced the commencement of the 2023 season for its HMG Driving Experience Center, which is the largest of its kind in South K...
Mar 24, 2023 (Gmt+09:00)
Latest News
- 1 Genesis targets broader European presence with EV trio
- 2 K-pop pilgrimage boosts Seoul ahead of BTS comeback
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- 4 LG Chem closes $1 bn water filter division sale to Glenwood PE
- 5 Hyundai Motor-backed Motional names AI veteran Laura Major as CEO