South Korea鈥檚 Samsung Electronics Co. is warning that the semiconductor industry could be in for a rocky close to 2022.
September 7, 2022BusinessLogistics
China鈥檚 Car Slowdown Begins to Bite as Hyundai Lays Off Workers
As China鈥檚 car industry loses its shine, automakers are starting to buckle up for the downward slope with Hyundai Motor Co. announcing it is letting workers go and is reviewing production plans in the world鈥檚 biggest market.
January 25, 2019BusinessTechnologyFuel
Hyundai Plans $6.7 Billion Investment to Boost Fuel-Cell Output
Hyundai Motor Group and its suppliers plan to spend $6.7 billion (7.6 trillion won) through 2030 to raise production of fuel cells more than 200-fold as the South Korean automaker targets becoming a key player in new-energy vehicle technology.
December 12, 2018BusinessTechnologyEquipmentAutonomous
In the Debate on Who Will Own Autonomous Cars, Hyundai Picks Uber
As Google鈥檚 Waymo, General Motors Co. and others race to bring driverless automobiles to showrooms, the argument over who will buy cars in the technology era is getting louder.
February 14, 2018