Head counts at almost 60 percent of Korea’s largest companies have declined this year so far despite corporate Korea reporting strong earnings in the recent quarter.
Korean firms are again beefing up their virus prevention measures after the country decided to enforce enhanced social distancing rules in the greater Seoul area over a resurgence of the novel coronavirus, industry insiders said Monday.
Hyundai Motor on Monday said it signed a memorandum of understanding (MOU) with London-based chemical company Ineos as it continues to seek out new partnerships to expand its hydrogen mobility business.
Hyundai Motor is looking to make Singapore its regional hub for electric vehicles (EVs) by joining forces with the country’s biggest electricity and gas provider.
Hyundai Motor will use Nvidia's in-vehicle information and entertainment system in all of its Hyundai, Kia and Genesis models from 2022, a significant step toward its vision of a “connected car.”
Hyundai Motor is in talks with Tokyo’s SoftBank to acquire Boston Dynamics, a Waltham, Massachusetts-based robotics company, inching close to a deal valued as much as $1 billion.
Jeonbuk Hyundai Motors emerged victorious in the FA Cup on Sunday, beating Ulsan Hyundai FC 2-1 in the second leg of the championship at Jeonju World Cup Stadium in Jeonju, North Jeolla.
Hyundai Motor aims to supply some 4,000 hydrogen-powered vehicles to China by 2025 through two partnerships with local energy and electricity corporations as the automaker sees the region as an important market as the fuel cell industry grows.
Hyundai Motor Group Chairman Euisun Chung and top management met with leaders of the company’s union to promise cooperation in a time of rapid change in the auto industry.
Chaebol are changing with the times and with the generations. As the children of the major shareholders inherit the stock of their parents, opportunities present themselves, as do major challenges.