Hyundai IBT announced on December 21 that it plans to transfer to the Tokyo Stock Exchange as soon as possible after the Japanese joint venture Vita Bride has increased sales of Japan to meet the requirements for listing on the Japanese stock market.
Hyundai Development Company held a board meeting on Dec 5 and voted for converting to holding company structure by dividing current structure of HDC to holding company HDC(tentatively named) and HDC Hyundai Development Company(tentatively named).
Samsung Advanced Institute of Technology has succeeded in developing a battery material named 'graphene ball' which has a 45% larger battery capacity, and accelerates charging speed 5 times faster than existing lithium ion batteries.
From late December, Hyundai Merchant Marine will launch a container liner service linking the Janggum merchant vessel with major ports in Korea, China and Russia In the end of December of this year, Hyundai Merchant Marine plans to introduce 5000 containers with a volume of 1000 ~ 1700 TEU together with the Janggum trade ship, adding new ports such as Busan, Ulsan and Gwangyang as new services.