US EditionHyundai Motor Group to Establish Future Research Hub Near Bokjeong Station… Investing 8 Trillion Won
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Hyundai Motor Group to Establish Future Research Hub Near Bokjeong Station… Investing 8 Trillion Won
Hyundai Motor Group is investing approximately 8 trillion won to build a research and development (R&D) facility for future businesses, including artificial intelligence (AI) and software (SW), near Bokjeong Station in Songpa-gu, Seoul. As it is a transportation hub, it is easy to attract talent, and synergy effects from inter-organizational collaboration are expected due to its proximity to the Global Business Complex (GBC) currently under cons…
Hyundai Motor Group Invests 7 Trillion Won in AI Hub
Hyundai Motor Group Chairman Chung Eui-sun. (Photo courtesy of Hyundai Motor Group) Hyundai Motor, Kia, Hyundai Mobis, and other Hyundai Motor Group affiliates plan to invest approximately 7 trillion won (approximately $4.7 billion) to establish a new research facility focused on AI and software. According to the Financial Supervisory Service, Hyundai Motor held a board meeting on April 24 and decided to acquire a stake worth 2.8885 trillion won…
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