

Dissecting Hyundai Motor's lobbying in US
Korean auto giant expected to log record spending in US lobbying this year Hyundai Motor Group is on track to report record-high spending for lobbying in the United States this year as the Korean auto conglomerate continues to ramp up its presence and influence in Washington, DC According to OpenSec
Nov. 20, 2024 - 14:28:59Why Korean bank shares got bump from Trump's 2nd term
Investors anticipate financial service providers to receive a welcome boost under Trump, riding on eased rules and higher rates Shares of local banks are putting up a fight in the bearish Korean stock market, as investors are pricing in expectations that lenders could excel in the second Donald Trum
Nov. 17, 2024 - 15:52:57For Korean automakers, Chinese EVs may loom larger than Trump’s tariffs
Next US president’s tough stance could buy Hyundai-Kia time Donald Trump’s impending return to the White House has reignited fears of trade protectionism in the global auto industry. But the real question for automakers may not be about tariffs or changes to the Inflation Reduction Act. Trump’s stan
Nov. 14, 2024 - 14:51:55Why Yoon golfing is so controversial
When reports surfaced that President Yoon Suk Yeol had played golf at a course in northeastern Seoul on Saturday, opposition politicians saw it as an opportunity to pounce. Playing golf has become close to a taboo for politicians in Korea. The exclusive and expensive nature of the sport here means t
Nov. 13, 2024 - 15:39:56How LG Energy Solution’s bold bet paid off with Tesla, Mercedes deals
Korea’s top battery maker to start production of advanced 46-series cylindrical batteries in December Cylindrical 4680 batteries, named for their 46-millimeter diameter and 80-millimeter height, are hailed as a pivotal advanced battery technology in electric vehicles due to enhanced energy storage c
Oct. 29, 2024 - 16:53:51Tesla’s vague robotaxi vision may let Hyundai-Waymo narrow gap
Tesla’s CyberCab may have stolen the spotlight, but with key details missing and rivals like Hyundai closing in, the race to autonomous dominance is still anyone’s game Tesla’s recent unveiling of its Robotaxi prototype has generated some buzz, but the absence of critical details leaves room for com
Oct. 23, 2024 - 16:12:50Indonesia‘s halal certification: Double-edged sword for Korean food industry?
Indonesia’s new regulation mandating Halal certification for all imported food products is expected to widen the export gap between large conglomerates and small businesses in Korea due to the high costs and time need to meet the requirements. After a five-year grace period, the Indonesian governmen
Oct. 20, 2024 - 16:29:34Will CATL’s Korean push reshape battery alliance with Hyundai, Kia?
Chinese battery giant likely to seek more supply deals for lower-priced EVs China’s CATL, the world’s largest battery maker for electric vehicles, is reportedly seeking a bigger footing in Korea, the home turf of its archrivals LG Energy Solution, Samsung SDI and SK On, and a crucial client, Hyundai
Oct. 9, 2024 - 15:11:31Samsung chief says he is still ‘hungry’ for foundry growth
Lee Jae-yong puts end to spin-off rumors, but work process should become more flexible, experts say Samsung Electronics Chairman Lee Jae-yong on Monday put an end to the long-standing rumor that the memory chip giant might spin off its lackluster foundry business, saying he is still “hungry” for gro
Oct. 8, 2024 - 16:16:29Can G-Star level up?
Korea’s biggest gaming exhibition gears up to celebrate 20th anniversary in Nov. G-Star, Korea’s top annual gaming convention, is getting ready for its 20th edition set to open at the Busan Exhibition & Convention Center, or Bexco, on November 14. The G-Star organizing committee said this year’s eve
Oct. 6, 2024 - 13:57:55Is private equity giant MBK a risk-taker or renegade?
$30b fund manager crosses fine line between private equity, activist fund amid evolving buyout environment MBK Partners, the country’s leading private equity house with over $30 billion to its name, has once again found itself meddling in an ownership turmoil, as it moves beyond its typical buyout-a
Oct. 3, 2024 - 15:32:31Hanwha Aerospace vies for Chunmoo export to Norway
Korean defense firm eyes bigger footing in Europe with homegrown multiple rocket launcher system Hanwha Aerospace is looking to export Chunmoo, the self-developed multiple rocket launch system, to Norway as the Korean defense firm pins hopes on expanding its market presence in Europe. Hanwha Aerospa
Oct. 1, 2024 - 17:51:54Korea pursues ‘fire-free’ batteries amid EV fears
Samsung SDI eyes first-mover advantage; Hefty price tag remains key hurdle Ever since a Mercedes-Benz electric vehicle burst into flames in Incheon in August, an “EV phobia” has gripped drivers here. Less than two weeks from the massive fire, Hyundai Motor Group, the nation’s largest carmaker, preem
Oct. 1, 2024 - 14:35:52Is Hyundai-GM partnership win-win to beat Tesla, Chinese rivals?
Hyundai can tap into GM‘s political heft while offering hybrid, EV tech in return Hyundai Motor Company and General Motors seem like very different automakers. One is a South Korean juggernaut known for its efficiency and clean design, while the other is a symbol of American muscle, built on a centu
Sept. 30, 2024 - 16:05:53Can smart chargers ease tensions over EV fires?
With neighbor disputes escalating in Korea‘s fire-wary apartments, smart EV chargers are a proposed fix, but compatibility issues remain a challenge Electric vehicle owners in South Korea’s crowded apartment complexes are beginning to feel like social outcasts. “In my apartment, EV users are sometim
Sept. 22, 2024 - 13:49:49