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Articles by Chung Dong-hoon
Maeil Business Newspaper Korea's No. 1 Economic Media
Competition among South Korea's three major battery makers is expected to intensify ahead of the third Energy Storage System (ESS) Central Contract Market auction, worth 1 trillion won and scheduled for September. As the government’s first artificial intelligence (AI)-based ESS deployment project for distribution networks moves into full swing, the bid is seen as a turning point that could determine market leadership.
Maeil Business Newspaper Korea's No. 1 Economic Media
A V2G service for general customers in Jeju. Hyundai Motor The era is approaching when electric vehicles will be used not only as a means of transportation, but also as storage devices that can supply electricity when needed. On the 8th, Hyundai Motor Group said it has built Vehicle-to-Grid (V2G) infrastructure for households and is launching a pilot service in earnest.
Maeil Business Newspaper Korea's No. 1 Economic Media
Hyundai Motor Company unveiled the Suwon Hi-Tech Center, a future-oriented service center equipped with robotics and artificial intelligence (AI) technologies. The company held an opening ceremony for the center on the 30th in Giheung-gu, Yongin-si, Gyeonggi-do, attended by Jaehoon Chang, vice chairman of Hyundai Motor Group, José Muñoz, president of Hyundai Motor Company, Kevin Lee, president of Hyundai Glovis, and Lee Han-woo, president of Hyundai Engineering & Construction.
Maeil Business Newspaper Korea's No. 1 Economic Media
Semiconductor experts said in unison that strong institutional support, including the enactment of a special law, is essential for the success of the government's Three Major Mega Projects announced on the 29th. They also suggested that a precise division of roles between the Capital Region (Yongin) and the Honam Cluster must come first if the government is to achieve both balanced regional development and national industrial competitiveness. At the meeting, Prof.
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