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Hyundai
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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.
A ship is under construction at Hanwha Ocean’s shipyard in Geoje, South Gyeongsang province. Photo: The Korea Times
South Korea

US hopes South Korea can help turn the tide in fight for naval dominance

While the US has a technological edge, it lags behind China, which has the world’s largest commercial shipbuilding industry, in fleet size.

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China economy

Opinion | China’s next export shock is taking shape – as AI-powered robots

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Icons and Influencers

Who is US Open golf champ Wyndham Clark’s girlfriend, Emily Tanner?

ETFs

Is FOMO driving South Korean investors to Hong Kong to cash in on AI and chips?

Some South Korean retail investors are turning to Hong Kong’s leveraged semiconductor ETFs for higher AI-driven returns.

Some South Korean investors are still looking to Hong Kong to invest in AI and semiconductors via ETFs despite Seoul's announcement on May 27 that it had lifted the single-stock leverage ban. Photo: Sun Yeung
South Korea

South Korea, Germany fiercely bid for US$39 billion Canadian submarine deal

Analysts say Berlin and Ottawa’s shared Nato membership remains a significant political obstacle for Seoul.

South Korea

How Nvidia’s South Korean AI deals could fuel ‘the next industrial revolution’

Jensen Huang’s dealings in Seoul may provide a road map for South Korea’s AI ambitions but experts warn against painting too rosy a picture.

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Electric & new energy vehicles

Shifting gears: how foreign giants aim to catch up in China’s EV era

International carmakers launch tailored models and accelerate R&D as they scramble to match the speed and sophistication of domestic rivals.

Illustration: Henry Wong
Electric & new energy vehicles

Hyundai spearheads foreign EV comeback push in China with Ioniq brand

South Korean carmaker bets on local partnerships and technology as global brands prepare fresh push into China’s fast-moving EV market.

South Korea

At least 14 people die in South Korea fire at car parts factory

Some workers jumped from a building as the blaze in the city of Daejeon spread rapidly, with witnesses reporting an explosion.

Shanghai

Shanghai certifies 30 overseas offices amid China’s investment sales pitch

The city welcomed a batch of new regional headquarters and R&D centres this week, as China continues its campaign to win back overseas capital.

A view of the Lujiazui financial district in Shanghai’s Pudong district. Photo: AFP
US-China trade war

Has Trump ceded EV market to China with latest string of policy shifts?

Analysts say rolling back regulations pushes US further towards petrol cars, discourages EV innovation, and gives China competitive edge.

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The BYD Explorer vessel docks at Yantai port in eastern China’s Shandong province as it awaits the loading of Chinese electric vehicles for export overseas. Photo: AFP
Robotics

Forget soulless humanoid robots like Tesla’s Optimus. This one’s more Wall-E

Fauna Robotics’ humanoid robot Sprout is an attempt to start a focus on ‘approachable’ robots inspired by Wall-E and BB-8, not Terminator.

South Korea

Why US defence strategy may hurt leaders in South Korea, Japan

The National Defence Strategy states that the US will provide ‘more limited’ support to its allies in line with the ‘America-first’ policy.

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Robotics

China’s humanoid robot makers, Hong Kong start-ups set to dazzle CES 2026

Nearly a dozen Chinese humanoid robot makers are expected at the trade show, while Hong Kong sends its largest-ever delegation.

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Chinese humanoid robot maker AgiBot is expected to bring its full product portfolio at CES 2026. Photo: AgiBot
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.

Screen capture from SCMP video “How powerful are chaebols, South Korea’s powerful family-run business groups?”
South Korea

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

About 200 detainees seek compensation and plan to sue for racial discrimination, human rights violations, and excessive force during the arrests.

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Nvidia

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

The question hanging over the Gangnam gathering was straightforward: why was Nvidia’s largest supplier of high-bandwidth memory (HBM) for AI chips, absent?

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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.

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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.

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.

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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.

US President Donald Trump (left) and North Korean leader Kim Jong-un at the truce village of Panmunjom in the inter-Korean border region on June 30, 2019. Photo: Korea Times
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.

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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.

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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.

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Detainees are made to stand against a bus before being handcuffed, during a surprise raid on September 4 at HL-GA Battery Company near Savannah, Georgia. Photo: US Immigration and Customs Enforcement/Handout via Reuters
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.

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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.

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