connected car Archives | Be Korea-savvy
Hyundai Motor Invests in Israeli Tech Startup MDGo

Hyundai Motor Invests in Israeli Tech Startup MDGo

SEOUL, Jun. 10 (Korea Bizwire) — Hyundai Motor Co., South Korea’s largest carmaker by sales, said Monday it will invest in Israeli technology startup MDGo to develop vehicles that automatically call an ambulance in the case of car accidents. Hyundai Motor’s investment centers on embedding the Israel firm’s advanced technologies in its next-generation vehicles, the [...]

Hyundai to Work with Israeli Firm on Connected Cars

Hyundai to Work with Israeli Firm on Connected Cars

SEOUL, Jul. 3 (Korea Bizwire) — Hyundai Motor Co. has invested in an Israeli company to jointly develop a chipset for direct communications with connected vehicles, the company said Tuesday. Hyundai Motor will partner with Autotalks, an Israel-based fabless semiconductor company specializing in vehicle-to-everything (V2X) communications, to “pre-emptively prepare for the era of connected vehicles,” [...]

Hyundai, Cisco to Unveil Hyperconnected Car Next Year

Hyundai, Cisco to Unveil Hyperconnected Car Next Year

SEOUL, Jan. 10 (Korea Bizwire) — Hyundai Motor Co. and Cisco Systems Inc. said they will team up to produce a next-generation, hyperconnected car next year in the latest move to stay ahead of global competition as sweeping changes in transportation and mobility pick up pace. The two firms aim to create a flexible and [...]

Upstream Security Revs Up Cloud-Based Cybersecurity for Connected and Autonomous Car Fleets with $9M Series A

Upstream Security Revs Up Cloud-Based Cybersecurity for Connected and Autonomous Car Fleets with $9M Series A

HERZLIYA, Israel, Dec. 13 (Korea Bizwire) — Upstream Security, pioneer of the cloud-based cybersecurity platform for connected cars and autonomous vehicles, today announced the closing of $9 million in Series A funding, led by CRV (Charles River Ventures). The round included expanded investments from Israeli-based Glilot Capital Partners and Maniv Mobility. Following a $2 million [...]

Disappointing R&D Spending in Korean Connected Car Industry

Disappointing R&D Spending in Korean Connected Car Industry

SEOUL, Feb. 20 (Korea Bizwire) – A study by the Institute for Information & Communications Technology Promotion revealed Monday that 51 connected car companies in Korea spend a disappointing average of 980 million won ($854,148) on research and development each year.  The figure is 2.7 percent of average sales revenue estimated at 36.37 billion won, [...]

Hyundai Motor Signs MOU to Jointly Develop Connected Car with China

Hyundai Motor Signs MOU to Jointly Develop Connected Car with China

SEOUL, Nov. 9 (Korea Bizwire) – South Korea’s top automaker Hyundai Motor Co. said Wednesday that it has agreed to jointly develop connected cars with China’s Guizhou Province.  A memorandum of understanding (MOU) for cooperation was signed Tuesday between the South Korean automaker and Guizhou’s provincial government.  Under the agreement, the two sides will first [...]

Hyundai, Kia Developing Operating System for Connected Cars

Hyundai, Kia Developing Operating System for Connected Cars

SEOUL, Nov. 1 (Korea Bizwire) – Two Hyundai Motor Group affiliates – Hyundai Motor Company and Kia Motors – unveiled their latest project on Monday, the development of an exclusive operating system for connected cars dubbed the Connected Car Operating System (ccOS).  The new operating system is a software platform that will have the capacity [...]

LG Uplus to Tap Overseas Market with Smart Navigation App

LG Uplus to Tap Overseas Market with Smart Navigation App

SEOUL, Feb. 23 (Yonhap) — South Korea’s mobile carrier LG Uplus said Monday it will start selling its new smart navigation platform overseas as part of its broader efforts to set foot in global market with Internet-of-Things (IoT) technology. The Car Link, developed in collaboration with a local platform operator, is based on a “mirroring” service, which [...]

Hyundai Partners with Baidu to Venture into China’s Connected Car Market

Hyundai Partners with Baidu to Venture into China’s Connected Car Market

SEOUL, Jan. 28 (Korea Bizwire) — Hyundai Motor Company is teaming up with Baidu, China’s largest Internet portal, to venture into one of the most promising fields in the global automotive market: the connected car business. The Seoul-based car manufacturer announced on January 27 that China’s top search engine would participate in efforts to sell cars [...]