Hyundai L&C targets China’s interior materials market

Hyundai L&C, a South Korean building materials company under the Hyundai Department Store Group, said on Sunday that it has entered the Chinese ...

Tourist arrival gap between S.Korea, Japan widens sharply

Since Japan resumed visa-free travel for South Koreans in October last year, South Koreans have been flocking to the neighboring country.But the num...

Hyundai E&C consortium breaks ground on $7 bn S-Oil Shaheen project

A South Korean consortium led by Hyundai Engineering & Construction Co. has embarked on building 9.26 trillion won ($7 billion) petrochemical fa...

HD Hyundai units to showcase unmanned equipment at US expo

Hyundai Construction Equipment Co. and Hyundai Doosan Infracore Co., construction machinery subsidiaries of HD Hyundai Co., said on Friday they woul...

Dayou A-Tech completes building EV seat production facility

Dayou A-Tech Co., a South Korean car seat manufacturer under the Dayou Winia Group, announced on Thursday that it has built a seat production facili...

HD Hyundai opens free in-house daycare center for up to 300 children

HD Hyundai Co., the owner of South Korea’s biggest shipbuilding group, opened an in-house daycare center at its new headquarters building in K...

Hyundai Motor spins off 4 in-house startups in mobility, AI, data

Hyundai Motor Group has spun off four new in-house startups, including MOBINN with autonomous driving technology and APLAYS with AI-powered music cu...

Korea's Innocean wins eight awards at Spikes Asia advertising festival

South Korea-based global marketing communications company Innocean said on Thursday that it received eight awards at the 2023 Spikes Asia, a prestig...

Hyundai Eng. completes Lemba-Imbu water purification plant in DR Congo

Hyundai Engineering, a South Korean construction contractor, held a completion ceremony for the "Lemba-Imbu water purification plant phase 1 project...

Hyundai eyes greater SUV market share with new Kona EV

Hyundai Motor Co. on Tuesday unveiled the all-new Kona Electric, its first fully revamped compact sport utility vehicle in five years, as the top So...

Hyundai Mobis, Hyundai Motor develop vehicle height adjustment system

Hyundai Mobis, a global auto parts vendor and affiliate of Hyundai Motor Group, said on Monday that it has co-developed an electronic levelling cont...

Samsung SDI, GM to build $3.8 bn EV battery plant in US

Samsung SDI Co., the world’s No. 6 electric vehicle battery maker, is set to build a plant in the US with General Motors Co., spending about 5...

Hyundai's Namyang R&D Center acquires safety management certification

Hyundai Motor Group announced on Friday that the polymer materials analysis lab and the metal component analysis lab in the Basic Materials Research...

Cha Biotech sells eye-cell technology to Japan's Astellas for $32 mn

Cha Biotech, a South Korean biotechnology company, said on Thursday that it agreed to sell its technology for developing eye-cell therapies to Astel...

Korea's Incheon Airport celebrates 100 millionth transfer passenger

Incheon International Airport, South Korea’s main air gateway, marked a milestone on Thursday as it welcomed its 100 millionth transfer passen...

S.Korea kicks off privatization of top container line HMM

South Korea has started the process to privatize the country’s No. 1 container line HMM Co. by tapping advisors for the sale of the controllin...

Hyundai autoworker: Dream job for many South Koreans

In South Korea, blue-collar work has for decades been shunned by job seekers because of the hard manual labor as well as the widely held perception ...

Samsung SDI wins $95 mn EU aid for Hungary battery plant

Samsung SDI Co. has secured €89.6 million ($95 million) in subsidies from the European Union for its first electric vehicle battery plant in Hu...

Hyundai, Kia close in on Toyota with record US sales

Hyundai Motor Co. and Kia Corp., under South Korea’s Hyundai Motor Group, posted their largest-ever sales for February in the US, narrowing a ...

S.Korean EV charger maker lands $770 mn export deal in North America

South Korea's Moderntec, an electric vehicle (EV) charging solutions company, on Wednesday said it signed a three-year export contract with a partne...

SK IE Technology mulls adding LiBS factory in US, says SKIET president

SK IE Technology Co. (SKIET), a global top lithium-ion battery separator (LiBS) player under South Korea’s energy and battery maker SK Innovat...

SK Signet lands EV charger contract in US

SK Signet Inc., an affiliate of South Korea's SK Group that makes and sells electric vehicle (EV) chargers, on Monday said it received its first ord...

Samsung leader eyes solid-state batteries as future growth engine

Samsung Group appears set to up its investment in solid-state batteries, a game changer in the electric vehicle sector, as South Korea’s top c...

Bangladesh: Hyundai’s next target for partially assembled Tucson SUV

Bangladesh has long been a tough market for South Korean automakers to break into, given the decades-old dominance of Japanese carmakers such as Toy...

S.Korea's Hyundai L&C launches engineered stone Opimo

Hyundai L&C, an interior solutions provider under the Hyundai Department Store Co. Group in South Korea, announced on Monday the launch of its h...

Hyundai Elevator cuts breakdowns with AI prediction technology

South Korea’s No. 1 elevator maker Hyundai Elevator Co. said on Monday it had reduced the number of stoppages and breakdowns of its elevators ...

Hyundai Department Store uses AI to write advertising copy

South Korea's Hyundai Department Store Co. on Sunday said it will officially introduce on Thursday an artificial intelligence (AI) copywriting syste...

Hyundai Steel's sustainability report wins gold prize in US

South Korea's steelmaker Hyundai Steel announced Sunday that its integrated report 2022 Beyond Steel has been recognized for its excellence by a wor...

Four Hyundai, Kia models win US IIHS top safety awards

Hyundai Motor Group’s four models earned the safest vehicle awards even with a tougher crash test by the Insurance Institute for Highway Safet...

Korean firms scurry to expand nickel, lithium supply chains

South Korea’s leading companies such as SK, POSCO, LG and LX are scurrying to expand their supply chains for lithium and nickel, key raw mater...