Hyundai
TOPIC
 / company

Hyundai

Hyundai
Hyundai
Founded in 1947, Hyundai was a South Korean conglomerate with activities spanning retailing, shipbuilding, car and truck making and property. It was broken up after the 1997 Asian financial crisis, and effectively reduced to container shipping services, elevator manufacture and tourism. And Hyundai Motor Group, Hyundai Department Store Group, Hyundai Heavy Industries Group and Hyundai Development are no longer connected to Hyundai Group.
Screen capture from SCMP video “How powerful are chaebols, South Korea’s powerful family-run business groups?”
South Korea

Samsung, Hyundai announce US$310 billion domestic investment plans

South Korean manufacturers unveiled investments for the next five years as a US trade deal raised concerns of weakening manufacturing at home.

South Korea

Hundreds of South Korean workers to sue ICE over raid at Hyundai-LG plant

videocam
Nvidia

Jensen Huang’s chimaek dinner left out Nvidia’s No 1 supplier. Why?

videocam
South Korea

Nvidia, Samsung chiefs bond over Korean fried chicken, lifting snack stocks

Jensen Huang also met Hyundai boss Chung Eui-sun at a restaurant and handed out chicken to onlookers gathered outside.

videocam
Samsung Electronics boss Jay Y. Lee, Hyundai Motor’s Chung Eui-sun and Nvidia CEO Jensen Huang at a chicken restaurant in Seoul on Thursday. Photo: Yonhap/AFP
South Korea

South Korea says it flagged concerns over Hyundai’s US investment plan

Independent lawmaker Kim Jong-min criticised Hyundai for trying to gain favour with the US, weakening South Korea’s leverage in trade talks.

US immigration

3 workers died at Hyundai’s Georgia plant since 2022, before ICE raid: report

Hyundai CEO vows safety over profits after report cites frequent accidents and reliance on untrained immigrant labour at EV factory.

Advertisement
Advertisement
Advertisement
South Korea

US eases visa rules for South Koreans after raid but no clear solution in sight

Officials offered no new answers to South Korea’s argument to allow specialty workers wider access to US visas.

videocam
A Hyundai employee is handcuffed during a raid by federal agents at the site of a project to build batteries for electric cars in Georgia on September 4. Photo: US Immigration and Customs Enforcement/Reuters
North Korea

As Apec summit nears, analysts see ‘possibility’ of a fourth Trump-Kim meeting

Pyongyang’s UN delegation is a ‘positive signal’ that the US and North Korea could initiate contact for high-level talks, analysts say.

South Korea

Choco Pie theft divides South Korea, sparks legal fight

A security guard is contesting a fine for taking snacks from an office fridge, but the manager argues it was a serious breach of trust.

South Korea

‘Rare’ act of sacrifice? Samsung heir enrols to be South Korean naval officer

Lee Jee-ho’s enlistment is seen as a move to counter views of privileges enjoyed by some chaebol heirs, including avoiding national service.

videocam
Soldiers march during a parade to celebrate South Korea’s 76th Armed Forces Day in Seoul on October 1 last year. Photo: AFP
South Korea

South Korean workers hunker down as US raid on Hyundai deepens anxiety

‘They stopped going to work. Everybody right now is staying in their hotels or houses,’ Woowon Technology boss Ken Shim says.

videocam
A South Korean worker, who was detained in a US immigration raid, is welcomed by a family member at Incheon airport on September 12. Photo: Reuters
South Korea

‘Rocket man’? South Korean detainee says ICE agents mocked nationality

One worker says US agents failed to inform detainees of their rights, placed them in crowded, unsanitary cells and mocked their nationality.

videocam
11
The Philippines

Philippines’ new hi-tech frigate aims to boost naval defences, but is it enough?

The BRP Diego Silang guided-missile frigate marks a milestone, but analysts say Manila is still playing catch-up and mostly relies on the US.

videocam
6
ICE (US Immigration and Customs Enforcement)

Video | Trump concerned South Korean arrests could ‘frighten’ investors

US president said foreign workers sent to the US are ‘welcome’ days after hundreds of South Koreans were arrested at a work site in the state of Georgia.

Trump concerned South Korean arrests could ‘frighten’ investors
02:52
ICE (US Immigration and Customs Enforcement)

Trump concerned South Korean arrests could ‘frighten’ investors

US president said foreign workers sent to the US are ‘welcome’ days after hundreds of South Koreans were arrested at a work site in Georgia.

videocam
10
A screenshot from a video shows US Immigration and Customs Enforcement agents executing an operation at a Hyundai-LG factory in Ellabell, Georgia, on September 4. Photo: US Immigration and Customs Enforcement / AFP
United States

US diplomat regrets raid, detention of Korean workers at Hyundai plant

Seoul has called for guidelines for business visas and a new visa category for Korean professionals to support investment projects by Korean businesses.

4
South Korea

‘Is this how you treat an ally?’: South Koreans back home after US raid ordeal

In the wake of the Georgia operation, a trade union group demanded an apology from Trump and urged Seoul to halt US investment plans.

videocam
Advertisement
Advertisement
Advertisement
South Korea

South Korea’s Lee says ‘bewildering’ Hyundai raid could hit US investment

At a news conference marking his 100 days in office, President Lee also said he would pursue efforts to improve ties with North Korea.

videocam
4
South Korean President Lee Jae-myung bows during a press conference marking his 100 days in office in Seoul on Thursday. Photo: EPA
South Korea

South Koreans to leave US without handcuffs after arrest causes ‘great pain’

South Korean Foreign Minister Cho met US Secretary of State Rubio and voiced his ‘deep concern’ over the incident in Georgia.

videocam
United States

Many caught in Hyundai raid appeared to be working legally, US lawyer says

The workers were allowed to engage in specific tasks spelled out in letters attached to their visa and ESTA applications, he says.

videocam
South Korea

‘Shock in Seoul’: how a raid on Hyundai hurt US-South Korea ties

The raid ‘crashed the operational software’ of the alliance and carries serious implications for US global leadership, analysts warn.

videocam
6
Protesters demonstrate against the detention of South Korean workers near the US embassy in Seoul on Tuesday. Photo: AP
United States

Trump warns foreign companies after South Koreans detained in huge US raid

US president says foreign firms need to respect US immigration laws, as South Korea works bring detained workers home.

videocam
4
Workers being detained at the raid on Thursday. Photo: US Immigration and Customs Enforcement via EPA
South Korea

Seoul says over 300 South Koreans detained in US Hyundai site raid to be released

Calling the incident in Georgia ‘regrettable’, Seoul said its top diplomat may visit the US to resolve the situation.

videocam
South Korea

‘Deeply concerned’: South Korea vows to support citizens arrested in US raid

A government team has been set up to respond to the arrest of over 300 Koreans, with Foreign Minister Cho Hyun to head to the US if needed.

United States

Seoul expresses ‘concern’ over US immigration raid at Hyundai’s Georgia plant

Operations at Hyundai’s US$7.6 billion EV manufacturing plant, which employs about 1,200 people, were not interrupted.

videocam
A Hyundai Motor’s electric car Ioniq at a electric charging station in Seoul. Photo: Reuters
China shipbuilding

China is the world’s top shipmaker. Can US-South Korea deals test that?

Trump’s efforts to make US shipbuilding industry more competitive could test Chinese shipmakers down the line, but analyst notes ‘pretty much every other market remains open to China’.

videocam
South Korea has announced investments for the US shipbuilding sector. Photo: Getty Images
China shipbuilding

‘It takes time’: China’s shipping edge likely safe from South Korean investments

New ventures in Vietnam and the Philippines may ease domestic constraints but unlikely to challenge Chinese dominance, analysts say.

14
US-ally trade wars

Opinion | Why Asian exporters can’t afford a passive approach to US politics

Asian firms and governments must stop viewing tariffs as temporary obstacles and start treating them as recurring stress tests.

videocam
Advertisement
Advertisement
Advertisement
Help preserve 120 years of quality journalism.
SUPPORT NOW
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement