South Korea
Hyundai Launches Residential Delivery Robots in South Korea
Hyundai Engineering & Construction announced on January 14 that it plans to apply the indoor and outdoor integrated autonomous robot delivery service, co-developed with Hyundai Motor Group startup "Mobinn," at...
16 Korean Companies Found to Falsify Inspections
The Korea Ministry of the Interior and Safety announced the results of the "2024 elevator maintenance status sample inspection" on December 27, and of the 30 companies inspected, a total...
Hyundai Choir of Disabled People Wins Silver Prize at National Competition
The Hyundai Elevator Choir of Disabled People won a prize at a national-level competition, The Korea Times reports. The choir is comprised of disabled employees from the company and received the silver...
Hyundai Elevator Aspires Toward “Vision 2030” Goals
On the heels of celebrating its 40th anniversary in 2024 and relocating its headquarters to Chungju Smart Campus in 2022, South Korea-based Hyundai Elevator has its eye on becoming one...
Korea Report Shows VT Accidents Increasing For Senior Citizens
A report by the Korea Consumer Agency (KCA) shows the annual number of accidents involving senior citizens on automated transportation, including vertical transportation (VT), has been increasing since 2020, The Korea...
TKE Korea Again Named to Top of Korea Quality Index
TK Elevator (TKE) Korea has been named to the "2024 Korea Quality Satisfaction Index (KS-QEI)” and has been ranked No. 1 in the elevator category for three consecutive years, Maeil Business...
Otis Korea Completes Two Major Modernizations in Seoul
Otis Elevator Korea announced on October 7 it completed two major elevator modernizations in Seoul, South Korea: The 45-story Gangnam Financial Center (GFC) and the 30-story Seoul Finance Center, both...
Hyundai Elevator Turns Away from Chinese Escalator Imports
With K-Escalator, its new joint venture (JV) with small and medium-sized enterprises (SMEs), opening in September in Gyeonggi Province, South Korea's Hyundai Elevator is reducing its reliance on escalators and...
Plan to Expand and Diversify Seoul Bank Part of Larger Trend
Woori Bank's plan to transform its circa 1950 Euljiro branch in Seoul, South Korea, which closed in July, from a five-story mid-rise into a 19-story high-rise with seven underground levels...