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Jan 23, 2025 | 
kedglobal.com | Hyung-kyu Kim |Il-Gue Kim
Loss-making SK On Co., the world’s fifth-largest battery maker, has hit the jackpot with a $1.8 billion deal to supply electric vehicle batteries to Japanese carmaker Nissan Motor Co.'s plants in the US.
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Oct 28, 2024 | 
kedglobal.com | Il-Gue Kim
TOKYO – Hyundai Motor Co. will accelerate its penetration into Japan, a market it has been struggling to crack for decades, with small-size electric vehicles, said its Chief Executive Chang Jae-hoon on Monday. The South Korean carmaker is scheduled to launch an electric model of Casper, its smallest sport utility vehicle, in Japan in the first half of this year. It will sell them mostly on online platforms there.
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Sep 9, 2024 | 
kedglobal.com | Il-Gue Kim
TOKYO – In the 1980s, Japanese chipmakers dominated the world’s semiconductor industry. Companies like NEC, Toshiba, Fujitsu and Mitsubishi Electric together controlled half the global semiconductor market back then. Their market share, however, has now shrunk to just a tenth. Toshiki Kawai, chief executive of leading chip equipment maker Tokyo Electron Ltd.
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Aug 25, 2024 | 
kedglobal.com | Jeong-Soo Hwang |Il-Gue Kim
TOKYO – The planned initial public offering (IPO) of Japanese memory chipmaker Kioxia Holdings Corp. is expected to affect its bigger South Korean rivals – Samsung Electronics Co. and SK Hynix Inc. as global chipmakers are striving to gain the upper hand in renewed demand for memory chips amid an AI boom.
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May 23, 2024 | 
kedglobal.com | Il-Gue Kim
SK Hynix Inc. is investigating the possibility of building a plant for high-bandwidth memory (HBM), vital for generative artificial intelligence, in other countries, including Japan and the US, if it needs to expand its capacity, its parent group Chairman Chey Tae-won said in an interview with Nikkei. He remarks came as the South Korean chipmaker is ramping up HBM production to meet surging demand for the high-performance chips thanks to the AI boom.
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Jan 4, 2024 | 
kedglobal.com | Il-Gue Kim
Kia EV9, the signature large all-electric sport utility vehicle (SUV) of South Korea’s No. 2 automaker Kia Corp., was named “North American Car, Truck and Utility Vehicle (NACTOY) of the Year 2024” on Friday. This is the third occasion in five years that the NACTOY jury has named a Kia vehicle as its top choice in the category, and the second win for a Kia electric vehicle (EV). The EV9 was selected by 50 automotive experts from print, online, radio, and broadcast media.
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Jan 1, 2024 | 
kedglobal.com | Il-Gue Kim
Hyundai Motor Co. 's crossover electric vehicle (EV) sport-utility vehicle (SUV) IONIQ 5 has been selected as the Car of the Year 2023 in Singapore by the nation’s largest daily newspaper Straits Times. According to the company, this is the first Hyundai to win the coveted title and the second South Korean model since the Kia Stinger received the honors in 2018. Only all-new models launched by authorized agents in the 12 months between mid-November 2022 and mid-November 2023 were considered.
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Dec 29, 2023 | 
kedglobal.com | Il-Gue Kim |Seon Han-gyeol
Hyundai Motor Group’s self-driving technology arm 42dot Inc. will absorb the electronics, infotainment and autonomous driving technology divisions of the group’s major research center in line with its push to offer connected and personalized services in the software-defined vehicle (SDV) era, according to industry sources on Friday. Next month, the South Korean automotive group will carry out a software-focused reorganization at the Hyundai Kia Namyang R&D Center in Gyeonggi Province.
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Dec 29, 2023 | 
kedglobal.com | Il-Gue Kim |Seon Han-gyeol
Hyundai Motor Group’s self-driving technology arm 42dot Inc. will absorb the electronics, infotainment and autonomous driving technology divisions of the group’s major research center as part of efforts to offer connected and personalized services in the software-defined vehicle (SDV) era, according to industry sources on Friday. Next month, the South Korean automotive group will carry out a software-focused reorganization at the Hyundai Kia Namyang R&D Center in Gyeonggi Province.
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Dec 28, 2023 | 
kedglobal.com | Il-Gue Kim
Hyundai Motor Co. ’s and Kia Corp. are undergoing a comprehensive restructuring of their research and development (R&D) organizations. This decision comes in response to the rapidly changing global mobility market, aiming to consolidate scattered R&D capabilities.
