Hyundai CEO pitches physical AI vision to Silicon Valley talent

Hyundai Motor Group is seeking to become a “physical AI company,” developing robotics, self-driving vehicles and the software that connects them, as the South Korean automotive group ramps up its efforts to recruit global technology talent. “Hyundai is becoming a technology and physical AI company. We are building robots, deploying autonomous vehicles and developing software to make it all work seamlessly,” Hyundai Motor President and CEO Jose Munoz told technology professionals in Silicon Valle

2026-09-29 14:26:19:00

Samsung SDI unveils cylindrical LFP battery for AI data centers

Samsung SDI is showcasing battery solutions for artificial intelligence data centers at an exhibition in Singapore, including the first display of its cylindrical lithium iron phosphate battery. The South Korean battery maker said Tuesday it is displaying a range of products at Data Centre World Asia 2026, one of Asia’s largest exhibitions covering the full data center ecosystem, from design and construction to operation and management. About 600 companies from around the world are participating

2026-09-29 14:25:44:00

Seoul says DMZ blast was highly likely caused by North Korean mine

South Korea’s military said Monday that a North Korean land mine highly likely caused last week's explosion inside the Demilitarized Zone that injured three officers, and vowed "corresponding measures" if North Korean troops are found to have planted it. The Joint Chiefs of Staff said fragments and other materials found after the Sept. 21 blast in the western section of the DMZ separating the two Koreas pointed to North Korea, as they did not match components typically used in South Korean mines

2026-09-28 22:08:35:00

Smilegate founder appeals record W2.55tr divorce settlement

Smilegate founder Kwon Hyuk-bin has appealed against a South Korean court ruling ordering him to transfer company shares and cash totalling about 2.55 trillion won ($1.88 billion) to his wife in what would be the largest divorce asset settlement in South Korean history. Kwon, chief visionary officer of Korean gaming powerhouse Smilegate, filed an appeal against the Seoul Family Court’s ruling on both the divorce and division of assets, according to his lawyers. “Kwon intends to continue his effo

2026-09-28 20:42:46:00

Hyundai, Kia top 15 million SUV, utility vehicle sales in US

Hyundai Motor and Kia have sold more than 15 million SUVs and other utility vehicles in the US since entering the market in 1994. Hyundai Motor Group said Monday that cumulative US sales of SUVs, minivan and other utility vehicles, a category commonly referred to as recreational vehicles in South Korea, reached 15.07 million units through August. Hyundai Motor, including its luxury brand Genesis, accounted for 7.06 million vehicles, while Kia sold 8.01 million. Sales have continued to grow this

2026-09-28 14:07:41:00

LG Chem, Volkswagen Group team up on advanced automotive materials

LG Chem has formed a partnership with Volkswagen Group to jointly develop next-generation and environmentally friendly materials for future mobility, the company said Monday. The two companies recently signed a memorandum of understanding at LG Twin Towers in Seoul to work together on weight reduction, performance improvements and the development of next-generation plastic and composite materials based on LG Chem’s acrylonitrile butadiene styrene and engineering plastics. ABS and engineering pla

2026-09-28 12:16:32:00

Korea's manufacturing sentiment improves on strong chip, cosmetics exports

South Korea’s manufacturing business sentiment improved for the fourth quarter, driven by robust exports of semiconductors and cosmetics, though the overall outlook remained pessimistic, a survey showed Sunday. The business survey index for 2,413 manufacturers nationwide stood at 86 for the October-December period, up 6 points from the previous quarter, according to the Korea Chamber of Commerce and Industry. The increase marked a second consecutive quarterly improvement in manufacturers’ busine

2026-09-27 14:46:12:00

Korea, Mexico expand economic ties into advanced industries, energy, culture

South Korea and Mexico agreed to strengthen their economic ties beyond manufacturing, expanding cooperation to cover advanced industries, supply chains, energy and the cultural sector as both nations look for fresh drivers of growth. The Korea Chamber of Commerce and Industry said Sunday it held the Korea-Mexico Business Forum on Friday at the World Trade Center Mexico City, together with Mexico’s Business Coordinating Council (CCE) and the Mexican Business Council for Foreign Trade, Investment

2026-09-27 13:38:48:00

Posco deploys robots at Seoul headquarters to boost safety, efficiency

Posco has introduced robotic systems for building maintenance and customer services at its Seoul headquarters, including a robot that cleans the exterior of the multistory building, as the steelmaker seeks to boost worker safety and operational efficiency. The company said Friday it has established a smart facility management system at Posco Center in southern Seoul, together with Posco Wide, its facility management affiliate, deploying robots for tasks ranging from exterior and floor cleaning t

2026-09-21 11:24:21:00

Hyundai unveils bigger, boxier, smarter Tucson in first redesign in six years

Hyundai Motor on Friday unveiled the fifth-generation Tucson, betting on the first full redesign of its best-selling compact SUV in six years to drive a sales rebound in the second half of the year. The all-new Tucson, unveiled at a media event in Paju, Gyeonggi Province, features a larger and more angular body, an upgraded hybrid powertrain and Hyundai’s latest AI-powered infotainment system. “We focused on instilling a sense of strength across the Tucson’s design, space and technology,” Yoon H

2026-09-20 09:01:00:00