Hyundai, KT Swap Shares Worth 750 bln Won to Expand Future Mobility Partnership

SEOUL, Sept. 7 (Korea Bizwire) — Hyundai Motor Group, South Korea’s top automaking group, and telecom giant KT Corp. will strengthen their partnership in future mobility solutions business through share-swap deals amid growing demand for electric and autonomous vehicles, the two companies said Wednesday. Under the share swap deals, KT will exchange its own 7.7 [...]