Hyundai Steel supplies high-strength steel for Genesis G80 EV, G90

Hyundai Steel supplies high-strength steel for Genesis G80 EV, G90

Hyundai Steel Co. is supplying its newly developed ultra-high-strength steel sheets for car bodies to Hyundai Motor Co. for its electric vehicles an...

Gallery Hyundai paints new chapter with NFT

Gallery Hyundai paints new chapter with NFT

South Korea’s Gallery Hyundai paints a new future by incorporating NFT (non-fungible token.)  The country’s first commercial art g...

Hyundai Motor launches robotaxi service in upscale Gangnam district

Hyundai Motor launches robotaxi service in upscale Gangnam district

City governments, automakers, and tech giants are leading the adoption of robotaxis in major cities throughout South Korea. The Ministry of Lan...

Hyundai to take fresh crack at Japan market with online EV sales

Hyundai to take fresh crack at Japan market with online EV sales

TOKYO – Hyundai Motor Co. is reentering the Japanese car market after a 12-year hiatus with its latest electric vehicles, as the growing deman...

Korea’s Point Mobile expands supply deal with Amazon to offline units

Korea’s Point Mobile expands supply deal with Amazon to offline units

Point Mobile Co., South Korea’s top enterprise handheld devices maker, expanded a supply deal with Amazon.com Inc. to offline units of the wor...

Hyundai Heavy's KSOE posts $1.1 bn loss in 2021

Hyundai Heavy's KSOE posts $1.1 bn loss in 2021

Korea Shipbuilding & Offshore Engineering Co. (KSOE), under Hyundai Heavy Industries Group, on Monday reported a bigger-than-expected operating ...

S.Korea urged to embrace nuclear power to go carbon free

S.Korea urged to embrace nuclear power to go carbon free

The topic of RE100, a multinational campaign to make a full switch to renewable energy by 2050, was brought up last week during a debate among four ...

Hyundai to debut IONIQ 6 in July to rival Tesla Model 3

Hyundai to debut IONIQ 6 in July to rival Tesla Model 3

Hyundai Motor Co. will unveil the much-anticipated IONIQ 6, its first all-electric sedan on an exclusive EV platform, in July, to compete with the l...

Neck-and-neck contest for fintech assoc. chair narrows

Neck-and-neck contest for fintech assoc. chair narrows

For the first time ever, South Korea’s fintech industry association will see meaningful competition in electing its chair this month – r...

Hyundai, Daewoo race for ship orders after merger fails

Hyundai, Daewoo race for ship orders after merger fails

The world’s two largest shipbuilders Hyundai Heavy Industries Group and Daewoo Shipbuilding & Marine Engineering Co. are battling it out t...

Hyundai, Kia post record US car sales as Japanese firms struggle

Hyundai, Kia post record US car sales as Japanese firms struggle

Hyundai Motor Co. and Kia Corp., the two automaking units of Hyundai Motor Group, saw their combined auto sales in the US rise to their highest leve...

Hyundai Motor launches robotaxi service in upscale Gangnam district

Hyundai Motor launches robotaxi service in upscale Gangnam district

City governments, automakers, and tech giants are leading the adoption of robotaxis in major cities throughout South Korea.  The Ministry of L...

Hyundai Engineering drops IPO plan on stock market weakness

Hyundai Engineering drops IPO plan on stock market weakness

Hyundai Engineering Co., the plant engineering and construction unit of South Korea’s Hyundai Motor Group, dropped a listing plan to raise up ...

German urban logistics and light industrial assets promising, DLE says

German urban logistics and light industrial assets promising, DLE says

The pandemic has brought logistical real estate and infrastructure into the spotlight driven by long-term underlying e-commerce trends. It is advant...

HDC Hyundai eyes over $800 mn in loans after fatal accident

HDC Hyundai eyes over $800 mn in loans after fatal accident

South Korea's HDC Hyundai Development Co. plans to raise more than 1 trillion won ($832 million) in funding backed by its real estate holdings as th...

Hyundai Rotem to mass produce hydrogen extractors

Hyundai Rotem to mass produce hydrogen extractors

South Korea’s Hyundai Rotem is set to start in February mass production of hydrogen extractors that derive hydrogen from natural gas as it aim...

Hyundai Engineering CEO: To spend $1.3 bn on green projects with IPO

Hyundai Engineering CEO: To spend $1.3 bn on green projects with IPO

Hyundai Engineering Co., the plant engineering and construction unit of South Korea’s Hyundai Motor Group, plans to spend as much as 1.5 trill...

Hyundai Motor vows $7.7 billion investment after record 2021 revenue

Hyundai Motor vows $7.7 billion investment after record 2021 revenue

Hyundai Motor Co. said on Tuesday it will spend a record 9.2 trillion won ($7.7 billion) this year to ramp up facilities for electric cars and other...

Hyundai, Kia lead rivals in 2022 US best car awards

Hyundai, Kia lead rivals in 2022 US best car awards

Hyundai Motor Group’s major auto brands have won a record number of best car awards by the U.S. News & World Report in recognition of thei...

Lotte acquires Ministop Korea for $260 mn from Aeon

Lotte acquires Ministop Korea for $260 mn from Aeon

South Korea's Lotte Group has agreed to acquire a 100% stake in Ministop Korea for 313.4 billion won ($263 million), the country's fifth-largest con...

Hyundai Samho Heavy says no delay to 2022 IPO

Hyundai Samho Heavy says no delay to 2022 IPO

South Korea's Hyundai Samho Heavy Industries Co. this week reaffirmed its plan to go public by the end of this year, as agreed with its pre-IPO inve...

Hanmi, other chip machine makers to benefit from TSMC capex hike

Hanmi, other chip machine makers to benefit from TSMC capex hike

Hanmi Semiconductor Co., a chip equipment supplier to global foundry leader Taiwan Semiconductor Manufacturing Co. (TSMC), has posted record profit ...

Doosan to build Saudi Arabia's largest steel casting plant

Doosan to build Saudi Arabia's largest steel casting plant

Doosan Heavy Industries and Construction Co., South Korea's power plant components supplier, signed a preliminary agreement on Wednesday to build Sa...

Hyundai to offer auto finance in France to boost Europe vehicle sales

Hyundai to offer auto finance in France to boost Europe vehicle sales

Hyundai Capital Services Inc., a financial services subsidiary of Hyundai Motor Group, and CGI Finance, a unit of Societe Generale Group, have launc...

Hyundai Engineering’s new business keywords: Hydrogen, mini reactors

Hyundai Engineering’s new business keywords: Hydrogen, mini reactors

Hyundai Engineering Co., the plant engineering and construction unit of South Korea’s Hyundai Motor Group, is reorganizing its business struct...

Hana jointly acquires Boston-based multifamily for $262 mn

Hana jointly acquires Boston-based multifamily for $262 mn

 Hana Alternative Assets Management Co. and a US asset manager acquired a tower of luxury multifamily housing assets in Seaport Boulevard, Bost...

Collapsed merger’s silver lining: More cash for Hyundai Heavy

Collapsed merger’s silver lining: More cash for Hyundai Heavy

The European Commission’s rejection of Hyundai Heavy Industries Co.'s proposed merger with crosstown rival Daewoo Shipbuilding & Marine En...

DoubleU invests $1.5 million in Epic Games

DoubleU invests $1.5 million in Epic Games

South Korea’s DoubleU Games Co. announced Friday that its subsidiary DoubleDown Interactive LLC invested $1.5 million in North Carolina-base...

Hyundai Heavy, DSME merger falls through on EU veto

Hyundai Heavy, DSME merger falls through on EU veto

The European Commission on Thursday vetoed the combination of the world’s two largest shipbuilders Hyundai Heavy Industries Co. and Daewoo Shi...

Hyundai Motor aims to triple Genesis G90 sales by 2023

Hyundai Motor aims to triple Genesis G90 sales by 2023

Hyundai Motor Co. said on Thursday it aims to triple the global sale of the Genesis G90 over the next couple of years by launching the flagship luxu...

Samsung’s latest Galaxy Z foldables: Slimmest, lightest yet smarter with AI features S.Korea to overhaul retirement pension system, introduce competition for higher returns POSCO sells Chinese stainless steel JV to Chinese rival for $300 mn Hahn & Co. to award bonus shares to Namyang staff, retires $7.1 mn in shares   Seoul vows zero-tolerance measures against unfair stock trading