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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.
Chinese start-up Anyverse Dynamics teamed up with Korean coffee chain Hollys to test robots that serve drinks, clear tables and reset seats at the World Robot Conference in August in Beijing. Photo: Handout
Robotics

China’s humanoid robots go job hunting in South Korea

Chinese firms test humanoid robots in South Korean factories and cafes as the country races to build a physical AI ecosystem.

South Korea

Can South Korea solve the US military’s ammunition shortage?

South Korea

South Korea’s Hyundai, union agree on tentative wage deal after rare strike

Indonesia

Can Indonesia build a lasting EV ‘ecosystem’ and not just a market?

Analysts say stricter local-content rules and a stronger production framework will be needed to boost Indonesia up the EV supply chain.

A charging dock at a public electric vehicle charging station in Denpasar, Bali, Indonesia, in November 2023. Photo: EPA-EFE
Visitors sit in an electric car Atto 3 made by Chinese manufacturer BYD at the Gaikindo Indonesia International Auto Show 2026 in Tangerang, Banten province, on July 30. Photo: EPA
A worker conducts a tapping process at a nickel processing plant in Sorowako, South Sulawesi, Indonesia, in February. Photo: EPA
South Korea

South Korea rethinks Yellow Envelope Act as labour union demands mount

Without clearer boundaries, the revised act could fuel labour disputes and create uncertainty for businesses and the economy, critics warn.

South Korea

South Korean unions push for higher payouts after Samsung’s US$400,000 bonus

What began with workers calling for Samsung and SK Hynix to share profits reaped from the AI boom is spilling over to other industries.

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

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

China has the manufacturing lead, the world’s biggest training ground and the leading open-source AI models to make robots an export success.

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Icons and Influencers

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

Clark just won the 2026 US Open, though not without detractors who had wished for Scottie Scheffler’s success – but Emily Tanner is by his side.

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.

Canada’s Navy hosts South Korea’s Dosan Ahn Chang-ho submarine during a welcome ceremony in Esquimalt, British Columbia, last month. Photo: The Canadian Press via AP
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.

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.

The new cars will be “shaped specifically for the Chinese market, integrating local technologies and partnerships”, according to Hyundai. Photo: Handout
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.

South Korean President Lee Jae Myung and other officials inspect what remains of a factory in Daejeon on Saturday, after a huge fire that killed 14 people. Photo: via Reuters
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.

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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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.

Fauna Robotics’ new humanoid robot Sprout shows off its dexterity while being operated remotely at the company’s headquarters in New York on January 14, 2026. Photo: AP
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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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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Detainees are made to stand against a bus before being handcuffed, during a raid by federal agents in Ellabell, Georgia, in September. Photo: US Immigration and Customs Enforcement/Reuters
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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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.

Hyundai said last month it would raise its US investment plan by 32 per cent to US$11.6 billion. Photo: Reuters
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.

The Hyundai plant has been in the limelight since an immigration raid by US Immigration and Customs Enforcement last month. Photo: ICE via AFP
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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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.

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