South Korea
Hyundai Elevator Reports First Quarterly Loss Since 1996
Hyundai Elevator Co., South Korea’s No. 1 elevator producer, announced in August a quarterly operating loss for the first time since it was listed on the main bourse Korea Composite...
Hyundai Elevator Launches “Smart Elevator Idea Contest”
Hyundai Elevator announced on August 23 that it will hold an elevator idea contest, “Think Outside The Box,” in Korea, China, Indonesia, Vietnam, Malaysia and Türkiye. The competition, promoted by...
Hyundai Elevator Announces Global Plan During Celebration
Hyundai Elevator, a subsidiary of Hyundai Group, is aiming to join the world's top five elevator manufacturers, generating KRW5 trillion (won) (US$3.8 billion) in annual revenue by 2030, the company...
2022 Skyscraper Competition Winners Announced
eVolo Magazine recently announced the winners of its global 2022 Skyscraper Competition. The jury selected three winners and 20 honorable mentions out of 427 project nominations. First place was awarded...
Parts Delay Puts U.S. Army Base Lift Repairs on Hold
A dozen elevators at Camp Humphreys, South Korea, are waiting for parts, Stars and Stripes reported on June 22. The 351 elevators at the base must conform to U.S. safety...
Hyundai Introduces Service Robot Elevator in South Korea
Hyundai Movex Co., a logistics system affiliate under Hyundai Group, introduced Roboport, the world’s first elevator dedicated to service robots, at Naver Corp.’s new office building in South Korea, The...
Towers, “Green District” Central to Seoul Valley Plan
In November 2020, Copenhagen-based architecture firm Henning Larsen released the design for Seoul Valley, a 360,600-m2 mixed-use development planned for the center of Seoul. With an aim to create a...
Announcement, update on the two tallest towers for the country
Hyundai Motor Group to Build South Korea’s Tallest A 105-story, 569-m-tall skyscraper that would serve as headquarters for Hyundai Motor Group in the Gangnam District of Seoul could start construction...
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