SEOUL, Nov. 13 (Korea Bizwire) – HS Hyosung Corp. Vice Chairman Cho Hyun-sang has been appointed to head the business advisory council of the Asia-Pacific Economic Cooperation (APEC), the Korean Chamber of Commerce and Industries (KCCI) said Wednesday. Cho was unanimously elected as chair of the 2025 APEC Business Advisory Council (ABAC) at the fourth [...]
SEOUL, Feb. 6 (Korea Bizwire) – Hyosung, a South Korean industrial conglomerate, announced its commitment to supporting the survival of endangered winter birds such as eagles, greater white-fronted geese, and swans by providing food aid. The initiative aims to ensure these species, some of which are designated as natural monuments, have a successful wintering period. To [...]
BISMARCK, ND, Nov. 2 (Korea Bizwire) — Bakken Energy, an innovative developer of affordable clean hydrogen at scale, announces Hyosung, a South Korean leader in hydrogen development, has joined Bakken Energy as a strategic investor. Hyosung has recently become known for advancing technologies related to hydrogen vehicles, such as carbon fiber for fuel tanks and [...]
SEOUL, Sept. 8 (Korea Bizwire) — South Korean fiber manufacturer Hyosung TNC Corp. said Wednesday it had successfully developed a new nylon product that is used to make the liners inside the fuel tanks of hydrogen-powered vehicles. A liner is a container inside the fuel tank that carries hydrogen and prevents it from being leaked. [...]
SEOUL, March 17 (Korea Bizwire) — Hyosung Advanced Materials Corp. a carbon fiber business unit of South Korean textile and chemical conglomerate Hyosung Group, said Tuesday that it will supply airbags for Robotaxi, a completely autonomous vehicle developed by Amazon. Hyosung Advanced Materials’ subsidiary and a airbag manufacturer Global Safety Textiles GmbH signed a contract [...]
SEOUL, Nov. 1 (Korea Bizwire) — Nearly two-thirds of South Korea’s top 30 conglomerates have been dissolved or dropped out of the standings since the 1997 Asian financial crisis, a market tracker said Wednesday. According to corporate tracker CEO Score, 19 family-controlled conglomerates, called chaebol here, disappeared altogether from the list with the remainder maintaining [...]
SEOUL, Nov. 28 (Korea Bizwire) – Hyosung plans to showcase its new growth engines, from cutting-edge new materials like advanced carbon fiber and polyketone to a future banking solution, at Creative Korea 2014 held in Seoul until November 30. Hyosung and North Jeolla Province have jointly established a Creative Economy Innovation Center, and plan to [...]
SEOUL, Nov. 26 (Korea Bizwire) – Hyosung and the government have jointly established a carbon fiber hub in North Jeolla Province. The South Korean company leads the project by investing 1.24 trillion won while the central government and the province support it with an investment of more than 15 billion won. In the presence of President [...]
SEOUL, July 31 (Korea Bizwire) – A study said the average tenure of top-30 group CEOs is only 2.6 years. According to CEO Score, a website tracking corporate performances, based on a survey on 576 former professional CEOs except those related with owner families who were hired since January 1, 2000, the average lifespan of these corporate [...]
DALLAS, July 1, 2014 (Korea Bizwire) – Hyosung, the fastest growing supplier of ATMs in North America, announced today the availability of the MoniSafe 400A teller cash recycler. The new Hyosung cash recycler is based on the very same architecture and recycling technology used by Hyosung in their industry leading assisted self-service terminals, which are [...]