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Monday 11 November 2024
SK On achieves first-ever profit, powered by 4 key success factors
SK On, SK Innovation's battery manufacturing subsidiary, posted its first quarterly operating profit of KRW24 billion (approx. US$17.19 million) since becoming independent in October...
Tuesday 5 November 2024
Toyota, Hyundai chiefs signal potential alliance in racing event, fueling EV cooperation speculation
Toyota Motor Chairman Akio Toyoda and Hyundai Motor Group Chairman Euisun Chung's historic first public meeting in South Korea has sparked speculation about potential collaboration...
Monday 28 October 2024
Hyundai's IPO in India highlights ambition to boost EV production and export hub strategy in India
Hyundai Motor's Indian subsidiary (HMIL) has officially listed in India, raising US$3.3 billion in the country's largest IPO to date. Hyundai plans to leverage India's position as...
Wednesday 16 October 2024
Global autonomous vehicle race heats up: Hyundai plays catch-up amid US and China dominance
The global autonomous vehicle market is rapidly evolving, with companies like Tesla, Waymo, and Zoox leading innovation in technologies and services. As Chinese firms join the competition,...
Friday 4 October 2024
Hyundai Motor launches ambitious battery production strategy
Hyundai Motor has unveiled its battery self-production plan, marking a significant step into in-house electric vehicle (EV) battery manufacturing. With several automakers, including...
Wednesday 28 August 2024
HMG's US EV sales rank second behind Tesla, tops 10% market share
Despite recent slowdowns in the electric vehicle (EV) market, Hyundai Motor Group (HMG) continues to perform strongly in the United States. The group has secured a 10% market share,...
Wednesday 28 August 2024
LG Electronics reportedly advances plans for Indian IPO
Rumors have circulated about LG Electronics considering an IPO for its Indian unit, with reports indicating that the company is actively consulting investment banks for the potential...
Wednesday 7 August 2024
Hyundai's high-tech edge helps South Korea dominate Olympic archery
South Korea's archery teams captured gold in both men's and women's events at the Paris 2024 Olympics, but their success wasn't just due to traditional training methods. Behind their...
Monday 29 July 2024
Samsung invests in AI chip startups DreamBig and Axelera AI
Samsung Electronics is ramping up investment efforts in AI chip startups to strengthen its competitiveness in new-generation AI semiconductor technologies.
Friday 19 July 2024
Hyundai Motors to propel hydrogen bus expansion with 300 new charging stations
Hyundai Motor is set to reshape South Korea's eco-friendly bus market by significantly bolstering its hydrogen bus business. The automaker plans to make a substantial investment in...
Friday 12 July 2024
Tesla's EV dominance slips as US market diversifies
Tesla's global Electric Vehicle (EV) deliveries have declined for two consecutive quarters, a trend reflected in the US market.
Thursday 4 July 2024
Vietnam PM strengthens ties with South Korea, secures major investments in display production and clean energy
Vietnam's Prime Minister Pham Minh Chinh recently visited South Korea from June 30 to July 3 to strengthen bilaterial ties and meet with key industry leaders.
Tuesday 25 June 2024
LG and Hyundai team up for automotive electronics
Hyundai Motor Group and LG Electronics are teaming up as they shift from home appliances to automotive electronics.
Monday 24 June 2024
India roundup: US, India expand technology collaboration, targeting China
The US and India enhanced their technological cooperation under the iCET initiative to reduce their reliance on China. India is still dependent on imported electronic components from...
Monday 17 June 2024
Hyundai plans to list its Indian subsidiary
Hyundai Motor plans to list its Indian subsidiary to enhance its visibility and expand manufacturing capacities for EVs and SUVs in the world's third-largest car market after China...
Holtek
Samsung expands mobile phone production beyond Asian countries, says DIGITIMES Research
SLMs to increase presence in GenAI business opportunities, says DIGITIMES Research
Generative AI market to reach US$1.5 trillion by 2030 with Taiwan holds hardware advantage; software and services to see promising future, says DIGITIMES Research