Articles by Kan Hyeong-woo
Kan Hyeong-woo
hwkan@heraldcorp.com-
[CES 2024] Doosan chief highlights business synergy with AI
Doosan Group Chairman Park Jeong-won underscored the importance of applying artificial intelligence technology to other business areas as he toured CES 2024 in Las Vegas on Wednesday. “We are closely looking at how far the advancement of AI has come and how it could change the traditional manufacturing industry,” said Park. “We will look for the ties between AI technology and our business and seek business opportunities.” The Doosan chief along with the group’s mana
Industry Jan. 11, 2024
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[CES 2024] Kia to produce EVs for Uber
Kia will collaborate with Uber to develop purpose-built vehicles tailored to fit the needs of the car-sharing service provider to expand the automaker’s PBV business, the South Korean carmaker said as the two sides announced their partnership at the CES 2024 in Las Vegas on Wednesday. According to the announcement, the Uber-customized PBV will be developed on the basis of PV5, Kia’s first PBV slated for mass production in 2025. The PV5, which will be the first model to be assembled o
Mobility Jan. 11, 2024
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[팟캐스트] (548) 한국인의 절반이 하지 않는 것은?
진행자: 간형우, Ali Abbot One in two Koreans physically inactive: report 기사 요약: 한국인 2명 중 1명 WHO 권고 신체활동량 미달…복지부 “성인, 1주일 2시간반∼5시간 중강도 운동 해야” [1] Almost half of Korean adults are not moving their bodies enough, failing to meet the physical activity standards set by the World Health Organization, a health report revealed on Sunday. *reveal: 드러내다, 밝히다 [2] According to the “Physical Activity Guidelines for Koreans Revised Edition,” released by the Ministry of Health an
Podcast Jan. 11, 2024
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[CES 2024] HD Hyundai outlines autonomous construction site
South Korean shipbuilding and heavy industries conglomerate HD Hyundai is presenting the blueprint of future construction sites utilizing unstaffed autonomous technologies at CES 2024 in Las Vegas this week. According to HD Hyundai, this year’s exhibition has been set up under the core theme of “Xite Transformation,” a land innovation vision to solve the problems humanity is facing, such as security, supply chains and climate change. HD Hyundai divided its exhibition area into
Industry Jan. 10, 2024
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New Korean space agency to blast off in H1
South Korea’s new space body, Korea Aerospace Administration, or KASA, is finally set to take flight with the country poised to join the global space race. The National Assembly on Tuesday passed special bills required for establishing and managing the space aviation agency to allow legal grounds for KASA. KASA, inspired by the US National Aeronautics and Space Administration, will be established in Sacheon, South Gyeongsang Province. The space agency is expected to be officially launched
Industry Jan. 9, 2024
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[KH Explains] Korean defense firms aim big in US market
South Korean defense firms are seeking to break through into the US market, the biggest in the world, as the industry looks to carry on its export momentum. Hanwha Aerospace on Thursday announced that it completed a field test of its multipurpose unmanned ground vehicle, Arion-SMET, with the US Army and Marine Corps in Hawaii in December. It was the first time a Korean UGV developer had taken part in the US Defense Department’s foreign comparative testing. “Arion-SMET’s partici
Industry Jan. 7, 2024
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BMW reclaims top auto importer title in Korea
BMW has once again reclaimed the top auto importer title in South Korea, for the first time since 2015, by edging out Mercedes-Benz in a duel that came down to the wire. According to the Korea Automobile Importers and Distributors Association’s report released Thursday, BMW sold 77,395 vehicles in the Korean market last year, just 698 more than Mercedes-Benz’s 76,697 sold. As the former took up 28.56 percent of the total market share and the latter accounted for 28.3 percent, the two
Mobility Jan. 4, 2024
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Kia logs record sales in 2023
Kia has set a new record by selling 3.08 million vehicles across the world last year, Korea’s second-largest automaker said Wednesday. Kia sold 563,660 cars in Korea and 2.51 million vehicles overseas, up 4.6 percent and 6.7 percent on-year, respectively. The automaker’s previous record was 3.04 million units in 2014. Kia’s sport utility vehicles led the company’s record year. The three bestselling models were the Sportage with 523,502 units sold, the Seltos with 344,013
Mobility Jan. 3, 2024
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[KH Explains] Hyundai Motor aims to open era of flying mobility
Flying cars have long been a fixture in science fiction movies. For Hyundai Motor Group, the vision of vehicles flying in the air is not just a whimsical idea anymore as the Korean auto giant appears determined to make them a reality in the near future. Supernal, Hyundai Motor Group’s US-based advanced air mobility company, is gearing up to showcase the life-size concept model of its electric vertical takeoff and landing vehicle, or eVTOL, at CES 2024 to be held at the Las Vegas Convention
Mobility Jan. 1, 2024
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Winners and losers at year-end bonus season
Employees at major South Korean firms are set to receive different amounts of year-end bonuses, ranging from nothing at all to 30 percent of their annual salaries, depending on the performance of the industrial sector for 2023. Workers in Samsung Electronics’ device solutions division, which is in charge of the company’s chip business, are expected to receive no incentives next year, due to the weak performance of the chip sector, according to industry sources Friday. Over the past
Industry Dec. 29, 2023
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Korea to invest W100b in chips, displays, batteries in 2024
The Ministry of Science and ICT said Thursday that the Korean government will invest 100 billion won ($77.6 million) to accelerate research and development efforts in the three major technology sectors -- semiconductors, displays and secondary batteries -- next year to secure key technologies and create new markets. “It is very important to secure original technologies in the three major technologies of semiconductors, displays and secondary batteries as the future growth engines of our ec
Industry Dec. 28, 2023
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Hyundai, Kia hybrid sales hit record high
Hyundai Motor Group’s two auto brands -- Hyundai Motor Company and Kia -- have set a new record by selling some 767,000 hybrid electric vehicles across the world through November this year, the South Korean auto giant said Wednesday. According to the automakers, Hyundai Motor Company and Kia sold 254,258 HEVs in the Korean market, accounting for 21 percent of their total domestic sales during the January to November period. The two companies sold 513,000 HEVs overseas in the same timeframe
Mobility Dec. 27, 2023
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Hyundai Motor seeks alternative answers in India, Southeast Asia
Hyundai Motor Group has set its sights on the Southeast Asian region in search of alternative markets outside of China and Russia as the Korean automaker looks to move beyond its heyday in the two state-dominated nations. Hyundai Motor’s Chinese business used to boast upbeat sales of over 1 million units per year with five local manufacturing plants in operation. This came to an abrupt end in 2017 when Beijing took retaliatory actions against South Korean companies in response to Seoul&rsq
Mobility Dec. 26, 2023
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Hyundai Mobis to develop digital twin system
Hyundai Mobis will work with US software company Wind River to develop a digital twin system called M.Dev Studio to optimize the future working conditions of crafting auto parts, the South Korean auto parts maker said Monday. M.Dev Studio is expected to offer a virtual space for not only Hyundai Mobis, but also its partners and various research teams to carry out joint projects through simultaneous simulation and remote monitoring as they work on developing core auto technologies and products to
Mobility Dec. 25, 2023
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[팟캐스트] (543) 한국인이 크리스마스에 꼭 찾는 음식은?
진행자: 간형우, Beth Eunhee Hong All Koreans need for Christmas is ... a cake? 기사 요약: 한국인이 크리스마스날 케익을 찾는 현상과 그 유래 [1] Ever wondered what Koreans most enjoy on their Christmas dinner tables? *wonder: 궁금해하다, 경이로운 것 [2] While the classic yuletide meal of turkey and stuffing are hard to find and there's no specific Korean Christmas dish, people often turn to a special treat enjoyed on other special occasions: cakes. *yuletide: 크리스마스 계절 [3] Sharing a cake after a Christmas meal, which could be any
Podcast Dec. 25, 2023
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