New Delhi, April 17 (IANS) Hyundai Motor Group on Friday marked 30 years of operations in India and announced expansion of its community initiatives such as healthcare, education, cultural and environmental programs across the country.The Group said it will scale activities delivered by its seven affiliated companies and the Happy Move program to broaden private‑sector exchanges between India and South Korea, the company said in a release.It announced that Hyundai Mobis is implementing pond an…
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Seoul, March 23 (IANS) Samsung Electronics said on Monday it has begun supporting compatibility between the Android file-sharing platform Quick Share and Apple’s AirDrop, allowing Galaxy S26 smartphone users to exchange photos across different devices.The South Korean tech giant said the update, available to Galaxy S26 series users starting Monday, will enable users to exchange files with iPhones powered by iOS, reports Yonhap news agency.While Quick Share and AirDrop are both based on Bluetoo…
Seoul, Feb 23 (IANS) The respective rates of new passenger car purchases by South Koreans in their 20s and 30s fell to their lowest levels in a decade last year, industry data showed on Monday.According to the data from auto industry data tracker Carisyou, new car registrations among people in their 20s totalled 61,962 in 2025, accounting for 5.6 percent of all new cars registered last year, reports Yonhap news agency.The share of new car registrations by those in their 20s stood at 8.8 percent …
Seoul, Feb 11 (IANS) South Korea will begin a 1 trillion-won ($687.8 million) project next month to develop artificial intelligence (AI) semiconductors for on-device use, the industry ministry said on Wednesday.The government and private companies will funnel a combined 1 trillion won into the project over the next five years, with a goal of creating some 10 AI chips that can be used in self-driving cars, smart home appliance products, humanoid robots and others, according to the Ministry of Tra…
Seoul, Feb 2 (IANS) Samsung SDI said on Monday it remained in the red in the fourth quarter of 2025 due mainly to sluggish demand for electric vehicles in the United States, although the performance of its energy storage system (ESS) business limited the losses.Net profit came to 207.8 billion won ($142.4 million) for the October-December period, compared with a loss of 242.7 billion won posted in the same period of 2024, the company said in a regulatory filing, reports Yonhap news agency.The co…
Seoul, Jan 28 (IANS) Hyundai Mobis, South Korea’s leading auto parts maker, said on Wednesday its fourth-quarter net profit dropped 39.9 percent from a year earlier due to losses from equity investment in group affiliates, as well as the effects of Washington’s sectoral tariffs.Net profit for the three months ended in December totalled 768.1 billion won (US$536.4 million), compared with 1.28 trillion won from the same period in 2024, the company said in a regulatory filing.Operating profit for t…
Seoul, Jan 23 (IANS) The labour union of Hyundai Motor, South Korea’s leading automaker, said on Friday it will strongly oppose any deployment without prior consultation of physical artificial intelligence (AI) robots in automobile production.”Not a single humanoid robot will be allowed on the production lines without a labor-management agreement,” the automaker’s 40,000-member union said on its website, reports Yonhap news agency.The union said the company’s new humanoid robot Atlas, unveiled a…
Seoul, Jan 14 (IANS) The head of South Korea’s automotive giant Hyundai Motor Group has visited three key overseas markets — China, the United States and India — at the start of the new year as part of the group’s global expansion strategy, the company said on Wednesday.Executive Chair Euisun Chung’s visits were aimed at exploring business opportunities in major economies that are expected to underpin the group’s future growth, while also seeking partnerships with leading global companies, the…
Seoul, Jan 9 (IANS) Hyundai Motor Group said on Friday it has started mass production of an on-device artificial intelligence (AI) chip that enables robots to operate autonomously without external network connectivity.The announcement of the chip, named Edge Brain, was made at CES 2026 in Las Vegas on Thursday (local time), where the group showcased the results of a three-year strategic partnership between Hyundai’s Robotics Lab and DeepX, a South Korea-based AI chip firm, reports Yonhap news ag…
Las Vegas, Jan 7 (IANS) Samsung Display said on Wednesday it has developed a new technology with US-based Intel that significantly reduces the power consumption of organic light-emitting diode (OLED) displays, enabling longer battery life for laptops.The wholly owned subsidiary of Samsung Electronics Co. said the SmartPower HDR technology allows laptop users to enable high dynamic range (HDR) mode, which can reduce power consumption by up to 22 percent compared with previous OLED displays.The HD…