Technology
Quantum Threats Are Accelerating — These Companies Are Preparing for the Shift
Published
1 year agoon
By
Equity Insider News Commentary
Issued on behalf of Scope Technologies Corp.
VANCOUVER, BC, March 18, 2025 /PRNewswire/ — Equity Insider News Commentary – Whether quantum computing becomes a commercial reality in the near future or remains years away, the threat it poses to current encryption methods is undeniable, making quantum security a growing priority. A recent McKinsey report highlights the rapid expansion of quantum computing investments, emphasizing the critical need for post-quantum cryptography to safeguard sensitive data. Analysts project the quantum communication market to grow at a 23-25% CAGR, reaching $14.9 billion by 2035, with post-quantum cryptography making up $2.4 billion to $3.4 billion of that total. As a result, investors are increasingly focusing on both quantum computing developers and the companies working to protect against its risks, including Scope Technologies Corp. (CSE: SCPE) (OTCQB: SCPCF), Palo Alto Networks (NYSE: PANW), Alphabet, Inc. (Google) (NASDAQ: GOOG, GOOGL), Cisco Systems (CSCO), and WISeKey International Holding AG (NASDAQ: WKEY).
Quantum advancements are moving at an unprecedented pace, creating new possibilities while exposing serious security vulnerabilities. Europol has warned that failure to transition to post-quantum encryption could lead to a digital crisis of historic proportions, urging financial institutions and policymakers to act swiftly. As cybercriminals adopt “harvest now, decrypt later” tactics—stealing encrypted data today with plans to decrypt it once quantum computers become viable—the race to implement quantum-safe cryptography has never been more urgent.
Scope Technologies Corp. (CSE: SCPE) (OTCQB: SCPCF), a pioneering technology company specializing in quantum security, has made a big leap forward with its Quantum Preparedness Assessment (QPA) tool. The company recently announced that QPA is now fully integrated with a widely used risk management system, making it easier for businesses to evaluate and protect themselves against future cyber threats from quantum computing. Using AI-powered automation, this upgraded tool helps organizations quickly and accurately assess their risks, plan their security strategies, and stay ahead of potential quantum-based attacks.
“As quantum threats loom closer, businesses must act now to evaluate and strengthen their security infrastructure,” said Sean Prescott, Founder and CTO of Scope Technologies Corp. “Our AI-powered QPA, with full RMF integration, provides a seamless, data-driven approach to assessing and mitigating risks before it’s too late.”
As quantum computing advances, traditional encryption methods are becoming easier to break. One major concern is the “Harvest Now, Decrypt Later” (HNDL) strategy, where cybercriminals steal encrypted data today, knowing that future quantum computers will be able to decode it.
Recent breakthroughs, like Google’s Willow chip in December 2024, and Microsoft’s Majorana 1 processor in February 2025, show how fast the landscape of quantum technology is progressing.
Google’s Willow chip has demonstrated computing power at speeds previously thought impossible, while Microsoft’s Majorana 1 uses a new type of qubit designed to make quantum computing more stable and scalable.
With real-world quantum applications on the horizon, businesses need to assess their risks now and take action before these threats become a reality.
To help companies stay ahead, QSE Group, the quantum security division of Scope Technologies, has developed an AI-powered assessment tool that simplifies the process of evaluating quantum-related risks. This automated tool provides clear, actionable insights to help businesses protect their sensitive data and infrastructure—without requiring a large investment.
Scope’s upgraded Quantum Preparedness Assessment (QPA) offers key advantages, including full integration with widely used risk management frameworks. Its AI-driven automation helps businesses identify vulnerabilities faster and with less manual effort. The tool also features an easy-to-use questionnaire system that customizes assessments based on each organization’s needs. Now market-ready, this solution allows companies to proactively strengthen their quantum security before threats become urgent.
Prior to the QPA incorporation, Scope affirmed that its Quantum Security Entropy (QSE) platform is fully aligned with the U.S. Department of Health and Human Services’ (HHS) proposed updates to the HIPAA Security Rule. These updates are designed to strengthen protections for healthcare data against growing cybersecurity threats.
Shortly after this announcement, the company demonstrated strong market confidence in its progress by securing $2.8 million in new funding. This includes a $1.8 million private placement and a $1 million debt financing deal with its first enterprise-level client, First Majestic Silver. These funds are now available to support further growth and innovation.
Scope Technologies is rapidly expanding its team and product lineup, reinforcing its leadership in next-generation quantum-proof security. With QSE already in the market and gaining traction, the company remains focused on delivering practical, real-world solutions to safeguard critical data now and in the future.
CONTINUED… Read this and more news for Scope AI at:
https://equity-insider.com/2025/03/18/is-scope-technologies-corp-cse-scpe-otcqb-scpcf-the-next-big-player-in-quantum-cybersecurity/
In other industry developments and happenings in the market include:
Palo Alto Networks (NYSE: PANW) has launched a Quantum Random Number Generator (QRNG) Open API, enabling organizations to integrate quantum-safe cryptographic randomness into their security systems. Developed with six industry partners, this open framework eliminates proprietary barriers, allowing for multi-vendor interoperability and easier adoption of post-quantum security solutions.
“Helping the world become quantum safe is much more than any one cybersecurity company, government agency or critical infrastructure organization can tackle alone,” said Rich Campagna, SVP Product Management, Palo Alto Networks. “Collaboration in the QRNG field is vital to future-proofing against quantum computing threats and we are committed to our work with standards bodies, global governments and our partners to help steer the industry toward standardization. We are thrilled to launch the QRNG Open API to benefit as many organizations as possible.”
The QRNG Open API is now available on GitHub, with support coming to Palo Alto Networks’ Next-Generation Firewalls (NGFWs) later this year. By standardizing QRNG access, this initiative helps businesses future-proof their encryption against quantum-enabled cyber threats.
Alphabet, Inc. (NASDAQ: GOOG, GOOGL), through its better-known subsidiary Google Cloud has introduced quantum-safe digital signatures in its Cloud Key Management Service (Cloud KMS), using NIST-standardized post-quantum cryptography to protect digital signatures from future quantum threats. This update allows organizations to cryptographically sign and validate data with quantum-resistant algorithms, ensuring long-term security against potential attacks from quantum computers.
“At Google, we take post-quantum computing risks seriously,” said a Google Cloud blog post authored by Jennifer Fernick, Senior Staff Security Engineer, Product Security Engineering, and Andrew Foster, Engineering Manager, Cloud KMS. “We began testing PQC in Chrome in 2016, we’ve been using PQC to protect internal communications since 2022, and we’ve taken additional quantum-computing protective measures in Google Chrome, Google’s data center servers, and in experiments for connections between Chrome Desktop and Google products (such as Gmail and Cloud Console.)”
Google has been proactive in post-quantum security efforts since 2016, integrating protections across Chrome, data centers, and internal communications. As the quantum landscape evolves, Google remains committed to adapting its encryption technologies, supporting open-source cryptographic libraries, and working with industry partners to enhance quantum-safe security solutions.
Cisco Systems (CSCO) is advancing quantum-safe networking solutions by integrating Quantum Key Distribution (QKD) and Post-Quantum Cryptography (PQC) into its security framework. The company developed quantum-safe secure boot and network transport protocols, including the SKIP API, which allows network devices to obtain quantum-resistant cryptographic keys.
“While the quantum threat remains in the future, tech companies, standards bodies, and government entities have sought its mitigation for some time,” wrote Mike Luken, Senior Product Manager for Cisco in a blog post. “To this end, Cisco was an early pioneer in efforts to define and provide quantum-safe networking solutions. Our initial focus was on quantum-safe hardware secure boot, followed by quantum-safe network transport protocols.”
While QKD shows promise, governments and industry leaders are prioritizing PQC solutions due to QKD’s current limitations and adoption challenges. Cisco remains committed to developing PQC-based protections, aligning with global security standards to safeguard networks against future quantum threats.
WISeKey International Holding AG (NASDAQ: WKEY) has consolidated its cybersecurity, blockchain, AI, and quantum-resistant cryptography technologies into a unified ecosystem to strengthen digital trust across industries. This integration includes quantum-resistant chips, AI-driven authentication, blockchain-based identity verification, and secure IoT communications, enhancing security for enterprises, governments, and financial transactions.
“WISeKey’s long-term strategy includes substantial investments in AI and Quantum Computing,” said the company in a press release. “AI-powered cybersecurity solutions are being developed to predict and prevent cyber threats, while quantum-resistant cryptography is safeguarding digital assets from future quantum computing risks. Self-sovereign digital identity solutions will integrate AI to enhance authentication mechanisms, and blockchain will ensure secure AI model verification to prevent manipulation and breaches.”
SEALSQ, a key subsidiary, is embedding post-quantum cryptographic microcontrollers into digital identity solutions, while WISeSat secures satellite-based IoT communications with quantum-safe encryption. Through strategic acquisitions, partnerships, and R&D in AI and quantum computing, WISeKey is positioning itself as a global leader in cybersecurity for the emerging digital landscape.
Article Source: https://equity-insider.com/2025/03/18/is-scope-technologies-corp-cse-scpe-otcqb-scpcf-the-next-big-player-in-quantum-cybersecurity/
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NAVER Partners with Brookfield and NVIDIA to Expand Korea’s National AI Factory Infrastructure Buildout
Published
2 hours agoon
July 25, 2026By
SAN FRANCISCO, July 25, 2026 /PRNewswire/ — NAVER, Brookfield and NVIDIA announced an expansion of Korea’s sovereign AI factory infrastructure. New investments will increase the initial NVIDIA DSX™ AI factory deployment from 55 megawatts to 200 megawatts.
Announced during Korea President Jae Myung Lee’s AI Summit visit to San Francisco, the planned 200-megawatt expansion will be built with the NVIDIA DSX platform at NAVER’s GAK Sejong hyperscale data center in Sejong, South Korea. The expanded infrastructure will provide Korea- and U.S.- based AI innovators with access to production-scale AI compute for building next-generation models, agents and AI-powered services.
Under the terms of the agreements, Brookfield will fund up to $9 billion as the exclusive capital partner, NVIDIA will invest $1 billion and NAVER will fund the remaining amount to finance the $10 billion project.
This builds on NAVER’s June announcement to extend its GAK Sejong data center with NVIDIA DSX, with a long-term path to gigawatt-scale sovereign AI infrastructure serving Korea’s enterprises, industries, government organizations and global AI cloud customers. Combining Brookfield’s capital with NVIDIA’s computing platform, the investment supports NAVER’s AI factory deployment.
“NVIDIA’s strategic investment and our infrastructure supply agreement with Brookfield have propelled NAVER’s vision for the AI Factory business into a robust execution phase,” said Haejin Lee, Founder and Chairman of NAVER. “Leveraging the solid partnerships with our global partners, we will drive technological innovation, foster a sovereign AI ecosystem, and spearhead efforts to strengthen South Korea’s AI competitiveness.”
AI Factory Expansion and Open Model Collaboration to Fuel AI Innovators
NAVER, as an NVIDIA Cloud Partner, provides deep expertise in operating hyperscale infrastructure powered by the full-stack NVIDIA AI platform. The 200-megawatt AI factory, featuring NVIDIA Vera Rubin and Blackwell platforms, will establish a dedicated resource pool for emerging AI companies, providing the compute, software and support needed to develop and deploy competitive AI models and applications at scale.
This expanded infrastructure also builds on NAVER and NVIDIA’s collaboration on open model development for agentic and physical AI. NAVER is advancing its HyperCLOVA X models to be based on NVIDIA Nemotron™ 3 Ultra open models with its proprietary data and training expertise. NAVER is also the first Korean company to join the NVIDIA Nemotron Coalition, contributing to open model development across pretraining, post-training and reinforcement learning.
NAVER plans to launch an AI agent platform in Korea in the second half of the year, powered by NVIDIA Agent Toolkit software including NVIDIA NemoClaw™ blueprints. NAVER is also developing a Seoul World Model using proprietary urban street-view and spatial modeling data, built on NVIDIA Cosmos™ world foundation models.
About NAVER
Founded in 1999, NAVER is Korea’s largest Internet company and one of the world’s top tech companies. Leading cutting-edge technologies, NAVER operates the No.1 search engine in Korea and holds various business portfolios encompassing commerce, fintech, cloud, AI and robotics.
NAVER recorded sales of KRW 12.04 trillion (USD 8.18 billion) in 2025. TEAM NAVER continues to enhance its business portfolio and expand its global presence across Japan, North America, and Europe, while pursuing innovation through continuous research and development in future technologies.
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Technology
Beijing Review: Walking Through Time: China and U.S. Youths Explore Dali’s Past and Future
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2 hours agoon
July 25, 2026By
BEIJING, July 24, 2026 /PRNewswire/ — On July 17, a China-U.S. youth delegation came to Dali of Yunnan Province. By examining how Dali’s rich history intersects with modern development, the delegates explored new pathways for rural development.
They visited Dali Old Town, tried their hand at making the Bai people’s Three-Course Tea and also explored the ancient town of Xizhou, where they learned how modern tourism and indigenous life coexist.
In Yunnanyi Village, they explored its history as a stop along the Tea Horse Road and learned about the role it played during the Second World War (WWII).
Tyler James Smith
“I think it’s a very underappreciated part of World War II history. Hearing these stories of different countries working together despite cultural differences is incredibly inspiring.
I also think there are many stories like these that haven’t been widely told, simply because World War II is such a complex period in history. That’s why I think it’s so meaningful to visit museums like this and experience these stories firsthand.”
At Xiangyun Economic and Technological Development Zone, they visited a local new energy company to see how green, low-carbon development is driving regional growth.
Valerie Marie
“I recently started studying energy transitions. I know China has been really big in the renewable energy sector. So actually getting to hear more about [China’s] 2060 [pledge], learning more about carbon neutrality [goals], as well as other zero-carbon goals, was cool.”
During their stay in Dali, they also strolled along the Erhai Lake Ecological Corridor.
Bai Yiwen
“I’d describe this journey as “to be continued,” because my own connection with Yunnan is far from over. For the U.S. delegates, this was only their first visit, so they’ve only had a glimpse of what Yunnan has to offer. I hope they will have more opportunities to come back to China, explore other cities in Yunnan, and discover even more of its people, culture and traditions.”
After Dali, the delegates will visit Beijing for more tours and exchanges. The event was co-hosted by China International Communications Group (CICG) Center for the Americas and the U.S.-based International Student Conferences.
https://x.com/beijingreview/status/2080104404552663067?s=46&t=yfVMVdMyE2zKAFrYaLoV-g
https://www.facebook.com/share/v/1EtGCCKzy4/?mibextid=wwXIfr
https://youtu.be/jGONWTqwduc?is=KfL-Zn3HyVYE-KEm
Contact: Jiaweibellapeng@163.com
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SOURCE Beijing Review
Technology
Hyundai Motor Group Executive Chair Euisun Chung Announces Physical AI Vision at San Francisco AI Summit
Published
3 hours agoon
July 25, 2026By
Hyundai Motor Group shares roadmap for realizing its Physical AI vision and collaboration strategy with global tech leaders at the San Francisco AI SummitExecutive Chair Euisun Chung presented, “Hyundai Motor Group is evolving beyond the traditional boundaries of automotive manufacturing to become a Physical AI solution company,” adding, “The ultimate Physical AI vision we pursue is the realization of integrated intelligence at the city level”The Group to leverage manufacturing competitiveness and leading robotics capabilities centered on Boston Dynamics, while establishing a data flywheel system connecting real-world operational data with continuous AI model advancementThe Group to leverage strategic partnerships with global technology leaders, including NVIDIA and Waymo, as well as Boston Dynamics’ strategic partnership with Google DeepMindThe Group to collaborate with NVIDIA to develop a Robot Reference Platform that combines Hyundai Motor Group’s and NVIDIA’s Physical AI capabilities
… The initiative to support Korea’s Physical AI industry through an open ecosystem
The Group to cultivate strategic domestic hubs through investments in Saemangeum AI Valley and future advanced industries in Korea’s Yeongnam region
SAN FRANCISCO, July 25, 2026 /PRNewswire/ — Hyundai Motor Group (the Group) Executive Chair Euisun Chung today outlined the Group’s vision and strategy for Physical AI at the San Francisco AI Summit held in San Francisco, California.
The event brought together approximately 150 attendees, including Executive Chair Chung, business leaders from major Korean companies, executives from leading U.S. technology firms, startup representatives and students.
At the summit, Executive Chair Chung presented the Group’s roadmap for advancing Physical AI and outlined strategic collaboration plans with global technology leaders.
“Hyundai Motor Group is evolving beyond the traditional boundaries of automotive manufacturing by expanding into autonomous driving, robotics and AI Defined Factories, accelerating our transformation into a Physical AI solution company.” — Hyundai Motor Group Executive Chair Euisun Chung
Accelerating the Transition to a Physical AI Solution Company
Hyundai Motor Group’s Physical AI vision extends beyond intelligent devices such as vehicles and robots to intelligent spaces, including AI factories where AI seamlessly connects and optimizes entire operations. Ultimately, the Group envisions integrated intelligence at the city level, where urban infrastructure is organically connected and operated through AI.
A key differentiator for the Group is its ability to create a data flywheel that continuously connects real-world operations with AI advancement. Drawing on extensive experience in large-scale manufacturing, mobility, robotics and service operations, the Group is positioned to deploy, refine and scale Physical AI technologies in real industrial environments.
Executive Chair Chung also outlined strategic partnerships with leading technology companies, including NVIDIA and Waymo, as well as Boston Dynamics’ strategic partnership with Google DeepMind, to further advance Physical AI capabilities.
By combining Hyundai Motor Group’s manufacturing competitiveness, mobility and robotics technologies and extensive operational data with the AI infrastructure and algorithm capabilities of global technology leaders, the Group aims to help foster a new innovation ecosystem for the Physical AI era.
Executive Chair Chung also introduced initiatives designed to support the growth of Korea’s robotics and AI ecosystem, including the development of a Robot Reference Platform with NVIDIA that combines Hyundai Motor Group’s and NVIDIA’s Physical AI capabilities, as well as investments in initiatives such as the Saemangeum AI Valley.
Physical AI Vision: From Intelligent Devices to Integrated Intelligence at the City Level
During the summit, Executive Chair Chung presented Hyundai Motor Group’s Physical AI vision.
“The ultimate Physical AI vision Hyundai Motor Group pursues begins with intelligent devices such as vehicles and robots, expands to intelligent spaces such as AI factories, and ultimately realizes integrated intelligence at the city level, where urban infrastructure is seamlessly connected and operated.” — Hyundai Motor Group Executive Chair Chung
The Group’s vision begins with intelligent devices, where AI capabilities enhance vehicles and robots. It then expands to intelligent spaces, including AI factories where AI autonomously integrates logistics, production and quality management across entire operations.
Ultimately, Hyundai Motor Group envisions city-level intelligence, where critical infrastructure and assets — including energy, mobility and robotics systems — are connected and optimized in real time.
Executive Chair Chung also highlighted the Group’s key strengths in realizing its Physical AI vision:
World-class manufacturing competitiveness: Hyundai Motor Group has built extensive expertise through decades of operating global manufacturing facilities, managing quality systems and optimizing supply chains. This foundation enables the Group to apply AI technologies to products, processes and services while rapidly validating and scaling innovations in real-world environments.Leading robotics capabilities: Hyundai Motor Group has established robotics as a key pillar of its future business portfolio. Boston Dynamics’ quadruped robot Spot®, logistics robot Stretch®, and Hyundai Motor Group Robotics LAB’s next-generation mobile robot platform MobED are recognized for combining technological competitiveness with real-world applicability.
In particular, the humanoid robot Atlas® is emerging as a representative example of Physical AI, supporting and collaborating with people across manufacturing, logistics and mobility environments.
Establishing a data flywheel system: Hyundai Motor Group is establishing a data flywheel system that leverages data generated across manufacturing operations, vehicles, logistics systems and robotics demonstrations to continuously advance AI models. Enhanced algorithms are then reapplied to real-world operations, creating a virtuous cycle that improves performance and strengthens Physical AI capabilities.
Accelerating the Future of Physical AI Through Partnerships with Global Tech Leaders
Executive Chair Chung also outlined concrete initiatives to position Hyundai Motor Group as a leader in human-centered Physical AI through strategic collaborations with NVIDIA and Waymo, as well as Boston Dynamics’ strategic partnership with Google DeepMind.
“By combining Hyundai Motor Group’s strengths in manufacturing, robotics and data with the capabilities of global technology leaders, we can help create a new innovation ecosystem for the Physical AI era.” — Hyundai Motor Group Executive Chair Euisun Chung
NVIDIA – Advancing Physical AI infrastructure and talent development
Hyundai Motor Group is expanding collaboration with NVIDIA to strengthen Physical AI infrastructure and cultivate AI talent. Building on a supply agreement for 50,000 NVIDIA Blackwell GPUs and a memorandum of understanding signed last year to advance Korea’s Physical AI capabilities, the Group is pursuing a range of initiatives, including the establishment of Hyundai Motor Group Robot Application Center, as well as various collaborations aimed at strengthening Korea’s Physical AI infrastructure and AI talent ecosystem, including the NVIDIA’s AI Technology Center.
In manufacturing, the Group is leveraging NVIDIA’s platform to create more sophisticated digital twins of production facilities, enhancing process design, operational optimization and validation efficiency. The collaboration also includes the integration of NVIDIA’s autonomous driving solutions, including automotive semiconductors, sensors and architecture, with Hyundai Motor Group vehicle platforms.
Waymo – Strengthening autonomous driving collaboration
Hyundai Motor Group continues to strengthen its strategic partnership with Waymo in the autonomous driving sector to support the development of a safe and innovative autonomous driving ecosystem. Autonomous driving vehicles require a wide range of specialized capabilities, including redundant systems for steering, braking, power and communications, dedicated features such as power-operated doors, as well as enhanced functional safety and cybersecurity technologies.
Hyundai Motor Group plans to produce IONIQ 5 vehicles with specific autonomous-ready modifications at Hyundai Motor Group Metaplant America (HMGMA) in Georgia.
Google DeepMind – Accelerating next-generation humanoid robotics
Boston Dynamics has established a strategic partnership with Google DeepMind to accelerate the development of next-generation humanoid robots. Advanced AI models and training systems are essential for robots to perform complex tasks in real-world environments and collaborate effectively with people. Through this partnership, Boston Dynamics robots are expected to achieve greater autonomy and adapt more effectively to complex operating environments.
Hyundai Motor Group plans to establish a robot production facility in the U.S. with an annual capacity of up to 30,000 units by 2028. The Atlas humanoid robot will first be deployed at production facilities including HMGMA before broader deployment is expanded through phased validation.
Building an Open Ecosystem Through the Robot Reference Platform and Continued Investment in Korea’s Physical AI Future
Executive Chair Chung also outlined initiatives aimed at supporting the growth of Korea’s Physical AI ecosystem through open collaboration and continued investment.
“The outcomes of collaboration with global technology leaders should contribute to the growth of Korea’s Physical AI industry. To that end, Hyundai Motor Group plans to foster an open ecosystem that supports innovation in robotics and AI technologies.” — Hyundai Motor Group Executive Chair Euisun Chung
Key initiatives to build an open ecosystem for robotics and AI innovation include:
Robot Reference Platform: Hyundai Motor Group and NVIDIA are collaborating to develop a Robot Reference Platform that combines Hyundai Motor Group’s and NVIDIA’s Physical AI capabilities.
The platform will provide research robot models to universities, research institutes and startups, helping foster an open ecosystem that supports technological innovation and the development of Physical AI talent while contributing to the broader growth of Korea’s robotics and AI industries.
Supporting universities, research institutes and startups: The Robot Reference Platform is expected to provide universities, research institutes and startups with a standardized hardware and software environment, enabling them to more easily develop and validate Physical AI technologies. The initiative aims to help address challenges faced by organizations with innovative ideas but limited access to commercialization opportunities and validation infrastructure.
Hyundai Motor Group is also continuing large-scale investments aimed at driving the next leap forward in Korea’s industrial and technology ecosystem. Continued investments in Korea’s industrial and technology ecosystem include:
Saemangeum AI Valley: In the Saemangeum region of Jeonbuk State, the Group is developing Saemangeum AI Valley, which includes an approximate KRW 9 trillion investment in AI data centers, robotics manufacturing clusters, electrolyzer plants and AI hydrogen city infrastructure.
In particular, the robotics manufacturing cluster will serve not only as a production base for the Group’s own robotics products, but also as a robotics foundry that provides manufacturing services for small and medium-sized enterprises that lack manufacturing expertise.
Advanced industrial hubs in the Yeongnam region: Hyundai Motor Group plans to invest a total of KRW 42 trillion over the next decade to foster advanced industrial hubs focused on AI-driven manufacturing, future aerospace industries and sustainable energy infrastructure.
Through these initiatives, Hyundai Motor Group aims to strengthen key foundations for the Physical AI era, including data and energy infrastructure, robotics production capabilities and real-world validation capabilities. The Group also expects these investments to contribute to enhanced industrial competitiveness, balanced regional development, job creation and broader economic vitality in Korea.
About Hyundai Motor Group
Hyundai Motor Group is a global enterprise that has created a value chain based on mobility, steel, and construction, as well as logistics, finance, IT, and service. With about 250,000 employees worldwide, the Group’s mobility brands include Hyundai, Kia, and Genesis. Armed with creative thinking, cooperative communication, and the will to take on any challenges, we strive to create a better future for all.
More information about Hyundai Motor Group can be found at: http://www.hyundaimotorgroup.com or Newsroom: Media Hub by Hyundai, Kia Global Newsroom, Genesis Newsroom
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SOURCE Hyundai Motor Company
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