Korea Joongang Daily
Korea JoongAng Daily

HD Hyundai outlines future growth strategy, targeting 100 trillion won by 2030

HD Hyundai has established its future growth strategy and implementation road map, aiming to achieve 100 trillion won ($68 billion) in group sales within the next five years, the world's largest shipbuilder said Thursday.

2025-12-04

New HD Hyundai chairman touts AI transformation, MASGA opportunities in message to employees

Chung Ki-sun, the newly appointed chairman of shipbuilder HD Hyundai, addressed the crises facing HD Hyundai’s key business sectors — shipbuilding, construction equipment and oil and petrochemicals — and outlined the company’s strategic direction.

2025-10-20

Chung Ki-sun takes over as chairman of HD Hyundai amid renewed importance of shipbuilding sector

HD Hyundai named Executive Vice Chairman Chung Ki-sun as chairman on Friday in a leadership succession centered on the third generation scion of the shipbuilding group's founding family.

2025-10-17

HD Hyundai still committed to Saudi shipbuilding

HD Hyundai and Saudi Arabia's investment minister reaffirmed their cooperation on completing two shipbuilding projects worth a combined $5.77 billion and establishing a local shipbuilding supply chain in the Middle Eastern country.

2025-09-25

HD Hyundai to upgrade shipyard safety over 5 years with 3.5 trillion won plan

HD Hyundai will allocate 3.5 trillion won ($2.5 billion) over five years to upgrade safety protocols across its shipyards, the group said Thursday, underscoring the conglomerate’s “safety first” management push.

2025-09-04

HD Hyundai CEO Chung Ki-sun to co-chair WEF Special Meeting

The HD Hyundai vice chairman is one of 16 co-chairs of the WEF's first Special Meeting to discuss global collaboration in growth and energy.

2024-04-28

Hanwha to build industry’s first emission-free gas carrier

Hanwha will build the industry’s first emission-free gas carrier, the group’s vice chairman said during the annual World Economic Forum (WEF) summit in Davos, Switzerland, on Wednesday.

2024-01-17

[CES 2024] HD Hyundai Vice Chair envisions the high-tech future of construction

HD Hyundai Vice Chairman Chung Ki-sun predicts the future of construction will be powered by full-fledged automation to advance efficiency and safety, urging the change-averse industry to embrace the shift, in a keynote address at CES 2024.

2024-01-11