Articles by Byun Hye-jin
Byun Hye-jin
hyejin2@heraldcorp.com-
Hyundai Motor shows off air mobility, drone tech at Seoul defense fair
Hyundai Motor Group said Tuesday that its urban air mobility arm Supernal, along with its sister firm Kia, are showcasing their latest UAM vision and drone technology at this week's Seoul ADEX 2023, Korea’s largest aerospace and defense trade show. This is the first time for the US-based Supernal to set up an exhibition booth at the biennial event since its launch in 2020. During the event, it aims to raise its brand awareness and seek new business opportunities. At this year’s
Mobility Oct. 17, 2023
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Doosan Robotics to supply chicken-frying robots to Kyochon
Doosan Robotics, South Korea’s largest collaborative robot manufacturer under the conglomerate Doosan Group, said Monday it will supply chicken-frying collaborative robots to fried chicken franchise Kyochon F&B. Under the deal, Doosan will install its first collaborative robot at Kyochon F&B headquarters in Osan, Gyeonggi Province within this month, with plans to do so at other Kyochon franchise stores nationwide. Doosan Robotics co-CEOs Park In-won and Ryu Jung-hoon, Kyochon F&
Industry Oct. 16, 2023
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Samsung SDI, Stellantis to set up 2nd JV plant in Indiana
Samsung SDI said Thursday it is poised to set up a second electric vehicle battery manufacturing plant with Stellantis in the US state of Indiana. The production facility will be built by StarPlus Energy, a joint venture of Samsung SDI and Stellantis in the city of Kokomo, next to the JV’s first plant under construction within the region. The first and second StarPlus Energy Kokomo Gigafactory plants will start operation in the first quarter of 2025 and early 2027 for 33 GWh and 34 GWh cap
Mobility Oct. 12, 2023
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[HIT Forum] Hanwha at forefront of Korea’s space leadership
Hanwha Aerospace said Wednesday it plans to become a total services provider for outer space, ranging from space-based internet, future air mobility and cosmic data analysis platform. “Although the space sector is considered a high-risk business, it is a key infrastructure for sustainable growth of our future generation. With the combination of big data and artificial intelligence, the space economy is witnessing exponential growth,” said Lee Joon-won, senior vice president at Hanw
Technology Oct. 11, 2023
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[HIT Forum] Science minister welcomes HIT forum on space economy
Science and ICT Minister Lee Jong-ho on Wednesday made congratulatory remarks for The Korea Herald’s Humanity in Tech Forum, vowing to take the lead in ushering in Korea’s new space economy. “I give my sincere congratulations for The Korea Herald’s HIT Forum that discusses ‘space’ as its first topic for sharing vision on science and technology innovation,” said Lee in a pre-recorded video played during the forum held at the Shilla Seoul. “It is a t
Technology Oct. 11, 2023
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Hyundai Motor chair marks 3rd year of record earnings
Hyundai Motor Group is expected to post record earnings this year, breaking its own record for the third year in a row since Executive Chair Chung Euisun took the helm of the world's third largest carmaker in 2020. Hyundai and its smaller affiliate Kia are projected to post 260.8 trillion won ($192.5 billion) and 26.6 trillion won in sales and operating profits this year, according to estimates by market tracker FnGuide. Both figures stand at an all-time high. Since Chung took up leadership
Mobility Oct. 10, 2023
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Hanwha showcases ground weapons systems at US trade fair
Hanwha Aerospace said Monday it participated in the Association of the US Army exhibition, one of the world’s largest military shows, to showcase its state-of-the-art ground weapons systems. At its 232-square-meter exhibition booth, the company displayed the K-9 Thunder -- the world’s No. 1 self-propelled artillery -- k56 automatic ammunition resupply vehicle and a modular charge system. “Our goal is to join the US Army’s upgrade project of self-propelled artillery and ma
Industry Oct. 9, 2023
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[Test Drive] BMW 5 Series makes more powerful, elegant comeback
BMW’s 5 Series, one of the bestselling premium sedans in Korea, has returned with full-change upgrades in design and driving performance, making its global debut in the country in six years. The 5 Series has sold over 8 million units worldwide since its launch of the first generation model in 1972. Korea, in particular, has shown great enthusiasm for the high-end sedan, taking approximately 20 percent of total sales last year, according to the German carmaker. “We know how important
Mobility Oct. 8, 2023
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Questions raised over Taihan Cable’s quality control
South Korean electric wire and cable manufacturer Taihan Cable & Solution has faced challenges of quality control after using impure copper from a new supplier in its production process, industry sources said Wednesday. For approximately three weeks -- from early last month to Sept. 24 -- the company’s Dangjin plant in South Chungcheong Province had shut down its copper rod manufacturing. Copper rods are a basic metal element in cable production. The melting furnace was reportedly clog
Industry Oct. 4, 2023
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Revamped Genesis GV80 and first coupe sibling unveiled
Hyundai Motor Group on Tuesday unveiled the updates to its high-end brand Genesis’ sport utility vehicles, the GV80 and GV80 Coupe, in Korea. “Our latest design masterpieces -- the new GV80 and GV80 coupe -- will play a key role in further establishing Genesis as a truly original Korean luxury brand,” said Graeme Russell, Genesis chief brand officer, during a press conference in Yongin, Gyeonggi Province. “Building upon our foundation here in Korea, our global momentum is
Mobility Sept. 27, 2023
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[Test Drive] Toyota’s minivan Alphard boasts sedanlike drive
Toyota launched its fourth electrification model in Korea for this year, the luxury hybrid minivan Alphard that features a chauffeured, sedanlike driving experience. The fourth generation of the multipurpose vehicle that has sold some 150,000 units in Japan and abroad hopes to offer “omotenashi” -- a Japanese expression that describes hospitality and mindfulness -- to customers ranging from company executives who need private space, to family car lovers. “Compared to the previo
Mobility Sept. 24, 2023
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KG Mobility vows to export 200,000 cars by 2026
KG Mobility on Thursday vowed to sell 200,000 cars in global markets by 2026, expanding its global networks from the Asia-Pacific region to Europe. The South Korean carmaker’s planned sales target consists of 200,000 exports -- 100,000 cars and 100,000 units of complete knock-downs -- unassembled car parts -- and 120,000 units of domestic sales in the citied period. “Based on the cumulative $1 billion exports, we are expected to be awarded as one of the Korean companies to have con
Mobility Sept. 21, 2023
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[KH Explains] Why Korean battery makers’ mass hiring still ‘not enough’ for tech race
The nation's top three battery makers have gone on a hiring spree, and it shows no signs of stopping. LG Energy Solution, Samsung SDI and SK On have hired thousands of new employees during the first six months of this year alone, but the mass hiring fell short of easing the talent shortage to keep up with their business expansion at home and abroad. According to their regulatory filings in August, LG Energy Solution, the largest among the three, hired 1,688 workers in the January-June perio
Mobility Sept. 19, 2023
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Posco Holdings to boost EV battery value chain integration
Posco Holdings said on Friday it has reduced its dependence on China by strengthening the integration of its electric vehicle battery value chain that covers mining and refining minerals, manufacturing materials and recycling batteries. “It’s almost impossible to be a top-tier firm in the battery materials business without the vertical integration of manufacturing,” said Nam Sang-cheol, head of the research and development division at Posco Holdings, during the Korea Advanced B
Mobility Sept. 15, 2023
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EcoPro vows to accelerate closed-loop EV battery recycling
South Korean battery materials manufacturer EcoPro said Friday it will boost its closed-loop electric vehicle battery recycling business amid rising concerns over battery waste disposal. Closed-loop recycling refers to the process that can convert a used product back into raw materials to create a new version of the same product. EcoPro operates a battery recycling value chain called Eco-battery Pohang Campus in North Gyeongsang Province where its six subsidiaries -- EcoPro CnG, EcoPro Innovatio
Mobility Sept. 15, 2023
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