Hyundai Motor's cumulative vehicle sales in India are expected to top 10 million this year, nearly three decades after the South Korean automaker began local sales, industry data showed Sunday. The company had sold 9.88 million vehicles in India through the third quarter of this year, having begun local production with the Santro minicar at its Chennai plant in 1998, according to the Society of Indian Automobile Manufacturers (SIAM). At the current pace, Hyundai's cumulative sales in India are expected to surpass the 10 million mark by the end of this year. Over the past three decades, Hyundai has introduced a range of models in India, including the i10 and i20 hatchbacks, the Verna subcompact, the Creta SUV, the all-electric Creta EV, the Exter SUV and the Alcazar SUV. Hyundai's annual sales in India surpassed 500,000 units in 2016 and reached 605,433 units in 2024, according to SIAM data. Last year, the company sold 398,937 SUVs in India, accounting for about 70 percent of its total sales in the country. At its 2026 CEO Investor Day in August, Hyundai Motor Chief Executive Officer Jose M
Read full articleKurt Campbell is a veteran US diplomat and strategist who has played a leading role in shaping Washington’s approach to China and the Indo-Pacific for more than a decade. He served as the White House coordinator for Indo-Pacific affairs from 2021 to 2024 and as US deputy secretary of state from 2024 to 2025. Previously, he served as assistant secretary of state for East Asian and Pacific affairs from 2009 to 2013 and was a key architect of the Obama administration’s “pivot to Asia”. Often...
The new Urban Cruiser is smaller, not just in size, but also in price.
Southwest confirmed the news shortly after travelers began to report delays on Friday morning.
The White House said Friday there was no conflict of interest when President Trump's accounts bought more than $1 million in SpaceX debt two days before he signed an executive order on space transportation policy. The president's financial disclosure for August, published Thursday, shows Trump's accounts purchased between $1 million and $5 million in senior...
The automated license plate reader (ALPR) firm Flock Safety has offered employees voluntary separation packages ahead of its "next phase of growth," as the firm faces mounting scrutiny from communities and policymakers across the country. "Flock recently offered current employees a generous Voluntary Separation Program as part of our efforts to position the company for...
The artificial intelligence boom is no longer just a story about software models, cloud platforms, or the companies racing to build the next large language model. It is increasingly a story about where chips are made, how far they travel, and whether the supply chains behind them can withstand the next geopolitical shock. A new […] The post AI boom pushes chipmakers to expand across Asia Pacific, FedEx report finds appeared first on e27.
SAN FRANCISCO — Three former OpenAI security researchers on Thursday accused the ChatGPT maker of firing them for warning about the dangers of artificial intelligence, reigniting the debate over safety at a company whose software has been involved in security breaches. “I believe we were fired for prioritizing safety over the near-term interests of OpenAI
LOS ANGELES (AP) — The FBI has seized scanning and phishing tools used by a group of hackers that officials say is associated with the Chinese government and is believed responsible for disruptive cyber operations in the United States and abroad, including against the power industry, academia and critical infrastructure. The seizure of the tools,...
Chinese state funds are ramping up support for the country’s second-largest contract chipmaker, pouring billions of yuan into the parent of Hua Hong Grace Semiconductor and a new manufacturing facility to fuel Beijing’s drive for self-reliance in mature-node chips. The capital blitz, spanning Hua Hong’s Shanghai-based parent company and a fabrication plant in Wuxi, highlights how government-coordinated financing is doubling down on domestic foundries, as Washington tightens technology...
Sales of winter products surged at South Korean convenience stores as temperatures fell sharply this month, industry sources said Friday. According to retailers, sales of disposable hand warmers at GS25 convenience stores, operated by GS Retail Co., rose more than elevenfold in the first seven days of this month compared with the previous week. Sales of tights, worn to keep warm, increased by a similar margin. Demand for popular winter snacks and beverages, such as instant fish cakes, baked sweet potatoes and traditional tea, climbed 653 percent, 132 percent and 50.2 percent, respectively, over the period. CU convenience stores, operated by BGF Retail Co., reported a 400 percent increase in sales of disposable hand warmers over the same period. "As cold weather sets in, sales of winter snacks and cold-weather gear are rising sharply," an industry official said.
SK Group Chairman Chey Tae-won said Friday his business group will make efforts to build a new semiconductor cluster in the southwestern part of the country as quickly as possible to meet growing global demand. Chey made the remarks during a visit to Gwangju Air Base in the southwestern Jeonnam-Gwangju region, where SK hynix Inc. has proposed building a new chip cluster. "Once the conditions are met, we plan to build (the new cluster) as quickly as possible," Chey said. "Demand for chips is growing rapidly, and the current situation requires us to accelerate the pace of supply to keep up with demand," he added. The chairman said the group still needs to determine when construction will begin but stressed that it intends to break ground as soon as possible. Chey noted that demand for chips is expected to grow significantly, adding that the proposed cluster will be around two-thirds the size of the one currently under construction in Yongin, just south of Seoul. It marked Chey's first visit to the region since the conglomerate unveiled its building plan in June. Earlier in the year, SK hynix
Asia’s AI founders do not lack investor attention. What they lack is the expensive plumbing frontier AI demands: models, compute, technical help and patient capital. Granite Asia and Google AI Futures Fund want to bundle all of it into one programme. The Singapore-headquartered VC firm, which manages around US$11 billion in assets and co-managed capital, […] The post Ecosystem Roundup: Granite Asia, Google bundle cash and compute for Asia’s AI founders appeared first on e27.