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LG Elec selected as Volkswagen’s top supplier
LG Electronics Inc. was named the top supplier by Germany’s Volkswagen Group. According to industry sources on Thursday, LG Electronics…
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LG Electronics acquires Athom to facilitate AI smart home push
This LG Electronics-made image shows the integration of its smart platform LG ThinQ and Athom’s Homey to create an AI-driven…
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Hyundai accelerates EV push in Indonesia with Kona EV
A Kona Electric production line in Hyundai Motor’s plant in West Java, Indonesia (Courtesy of Hyundai Motor) JARKATA, Indonesia –…
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Hyundai Mobis combines electrification, module divisions
Hyundai Mobis’ integrated front face module (File photo, courtesy of Hyundai Mobis) Hyundai Mobis Co., the world’s sixth-largest auto parts…
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Hyundai Glovis to spend $6.5 bn, seek M&As for expansion
Hyundai Glovis CEO Lee Kyoo-bok unveils the company’s long-term business strategy at the 2024 Investor Day in Seoul Hyundai Glovis…
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Hyundai Steel builds global sales network of low-carbon steel
South Korea’s Hyundai Steel Co. announced on Tuesday that it signed a memorandum of understanding (MOU) with European customers to…
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Hyundai to transform Jeonju plant into hydrogen vehicle hub
Hyundai Motor’s Xcient hydrogen fuel cell truck Hyundai Motor Co., South Korea’s top automaker, will transform its commercial vehicle plant…
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LG Display bets big on Tandem OLED in AI computing era
LG Display employee presents a laptop fitted with a Tandem OLED screen LG Display Co., the world’s top organic light-emitting…
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LG Innotek eyes $1.4 bn in automotive sensor sales by 2030
LG Innotek employees show high-performance LiDAR sensors (left and right) and a heating camera module (Courtesy of LG Innotek) LG…
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Hyundai Motor eyes hydrogen value chain leadership
Hyundai Motor CEO Chang Jaehoon (far right) takes over from Yoshinori Kanehana (far left), Chairman of Kawasaki Heavy Industries, as…
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Hyundai files for 1st overseas unit IPO in India: reports
Hyundai Motor Chairman Chung Euisun (third from left) poses after a town hall meeting with Hyundai Motor India employees in…
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Samsung unveils new foundry tech; AI chip sales to rise ninefold
Samsung’s foundry business chief Choi Si-young unveils a new chipmaking tech at Samsung Foundry Forum (SFF) 2024 in San Jose…
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Hyundai Transys to export EV drive systems to CEER
Hyundai Transys Inc., an auto parts affiliate of Hyundai Motor Group, announced on Wednesday that it signed a contract to…
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Hyundai, Kia to require tougher ESG compliance from subcontractors
South Korea’s top automaker Hyundai Motor Group plans to require stricter environmental, social and governance rule compliance from its partners…
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Hyundai to raise Tucson Hybrid output in Korea for exports
The Tucson Hybrid (Courtesy of Hyudai Motor) Hyundai Motor Co., South Korea’s top automaker, plans to ramp up production of…
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Korea Inc.’s AI executives double with LG Group leading the pack
AI robot The number of executive-level artificial intelligence (AI) specialists at South Korea’s 30 largest conglomerates has more than doubled…
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Hyundai Motor India to file for IPO in June: reports
Hyundai Motor’s plant in Chennai, Tamil Nadu Hyundai Motor Co. plans to file for an initial public offering of its…
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Ex-Porsche engineer Harrer to lead Hyundai’s high-performance push
Manfred Harrer, Executive Vice President and Head of Genesis & Performance Development Tech Unit (Courtesy of Hyundai Motor) Hyundai Motor…
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Kia to install LG Electronics’ vehicle webOS in upcoming EV3 SUV
LG Electronics’ automotive WebOS installed on the Kia EV3 South Korea’s LG Electronics Inc. will supply its automotive web-based operating…
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LG Chem, KCC partner to develop eco-friendly paint
South Korea’s LG Chem Ltd. announced on Monday that it signed a memorandum of understanding (MOU) with KCC Corp. on…
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Samsung to unveil QLC-based NAND in H2 to lead AI storage market
Samsung’s ninth-generation V9 NAND unveiled in April 2024 Samsung Electronics Co., the world’s largest memory chipmaker, plans to unveil a…
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Hyundai, Indonesia discuss hydrogen, EV cooperation
Indonesia’s Coordinating Minister for Economic Affairs Airlangga Hartarto (third from left), Hyundai Motor Group Chairman Chung Euisun (third from right)…
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Korea’s Mobase to build US plant as it wins $733 mn Hyundai deal
Mobase Chairman and co-CEO Son Byeong-Jun speaks to The Korea Economic Daily on May 17, 2024 SUWON, Gyeonggi Province —…
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Tata, Korea’s Woori to expand car finance services in Asia
Woori Financial Group Chairman and CEO Yim Jong-Yong (left), Tata Motors President and head of commercial vehicle business unit Girish…
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Hyundai’s first full-size electric Genesis GV90 to roll out in late 2025
The rear of the Genesis Neolun Concept unveiled in March The Genesis, Hyundai Motor Co.’s standalone premium brand, will launch its…
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Hyundai beats Volkswagen, reaches No.2 opertating profits in Q1
South Korea’s Hyundai Motor Group surpassed Volkswagen Group to claim the second-highest operating profit in the global automotive industry for…
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Samsung SDS unveils supply chain solution in US
South Korea’s Samsung SDS Co. introduced a supplier relationship management (SRM) solution at the Gartner Supply Chain Symposium 2024 in…
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SK Hynix to sell 50% stake in Wuxi foundry unit to China state firm
SK Hynix Wuxi (Courtesy of SK Hynix) SK Hynix Inc. will sell a nearly half stake in its foundry unit…
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Hankook Tire buys $1 bn Hanon Systems stake from Hahn & Co
Hanon Systems’ modular car platform for electric vehicles are supplied to Volkswagen Hankook Tire and Technology Co. on Friday reached…
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Hyundai Motor Group has most IIHS safest cars
Hyundai Motor’s IONIQ 5 (Courtesy of Hyundai Motor) Hyundai Motor Group announced on Friday that the Hyundai Motor Co. ‘s…
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Sapeon to supply NPI IP to Telechips
Sapeon Inc., the artificial intelligence (AI) chip subsidiary of South Korea’s SK Telecom Co., announced on Friday that it will…
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Hyundai to spend $923 mn on self-driving JV Motional
Motional’s IONIQ 5 robotaxi in front of the Sphere in Las Vegas (Courtesy of Motional) Hyundai Motor Group, the world’s…
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Samsung vows to shift gears to focus on HBM, server memory chips
Samsung’s 36-gigabyte (GB) 12-layer HBM3E 12H chip South Korean tech giant Samsung Electronics Co. said on Tuesday it will adjust…
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LG Chem to supply switchable glass films to Webasto
LG Chem and Webasto officials pose for a photo after signing a smart glass film supply contract (Courtesy of LG…
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Machine tool maker DN Solutions kicks off IPO process
DN Solutions products (Screenshot captured from the company website).png DN Solutions Co., the world’s third-largest machine tool maker, has kicked…
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Hyundai Motor ties up with CATL to reinvigorate China market with EVs
The IONIQ 5 N at the 2024 Beijing International Automotive Exhibition on April 25, 2024 (Courtesy of Hyundai) BEIJING —…
