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Get a closer >etc. Hyosung Ventures ,‘Ditonic’ and ‘Chang-eob-in’ of the Year 2025.03.31 Hyosung’s corporate venture capital (CVC) Hyosung Ventures has made its first investment in 2025. On the 31st, Hyosung Ventures announced its investment in ‘Ditonic’, the only Korean company specializing in spatiotemporal big data processing, and ‘Chang-eob-in (brand name: Tablero)’, which provides a QR-based ordering and payment solution. Ditonic creates and delivers solutions that analyze spatiotemporal big data such as location and time information to extract useful patterns and insights. It is utilizing solutions in various industries, such as autonomous driving, infectious disease tracking, and weather observation, and has secured Samsung Electronics, LG Energy Solution, and Korea Road Traffic Authority as its clients. The company is aiming for an initial public offering (IPO) in 2026, with an average annual growth of 115% since 2019. ‘Chang-eob-in’ provides a QR-based ordering and payment solution compatible for easy installation on POS devices. Based on the unrivaled convenience of the service and low fees, it is driving business expansion with applications in various industries, not only F&B. This investment has paved the way for opportunities to pursue partnerships with Hyosung Group IT affiliates, further increasing the prospects of entering the global market. This investment was made through the ‘Hyosung CVC Scale-up New Technology Business Investment Association No. 1’ fund jointly established with the Korea Institute for Advancement of Technology (KIAT). Out of the total KRW 51 billion, KRW 32 billion won has been invested so far. Hyosung Ventures continues to invest in various promising companies in the AI, IT, materials, and fintech sectors through this fund. Besides Ditonic and ‘Chang-eob-in’, other investments include ▲BETTERWHY ▲PERSONA AI ▲ANPOLY ▲Colosseum Corporation Inc. ▲XSLAB ▲PLATFOS, etc. Hyosung Ventures CEO Chul-ho Kim said, “We will stay actively engaged in startup investment to support the growth of the domestic startup ecosystem,” and added “We will discover and actively support promising startups based on Hyosung’s robust business experience and network.” Meanwhile, Hyosung Ventures is also actively seeking investment targets for the KRW 100 billion ‘Startup Korea Hyosung Deep Tech Venture Investment Association’ fund launched with Korea Venture Investment in December. It plans to select startups with cutting-edge future core technologies and make its first investment in the first half of this year. (End) -
Get a closer >Hyosung Group Hyosung Donated KRW 300 million for Wildfire Recovery 2025.03.28 On the 28th, the Hyosung Group of companies donated a total of KRW 300 million to the Korean Red Cross for wildfire recovery. This combined donation was contributed by Hyosung Corporation and its major affiliated companies Hyosung TNC Co., Ltd., Hyosung Heavy Industries Co., Ltd., and Hyosung Chemical Co., Ltd. The Hyosung-affiliated companies’ donation will be utilized to support wildfire victims and relief sites. Hyosung Chairman Cho Hyun-joon said, “We, at Hyosung, wish to express our deepest condolences to those who have lost their homes and are enduring difficulties due to sudden disasters,” and added, “We pray that the affected areas will be restored as soon as possible so that everyone will return to their daily lives.” Meanwhile, the Hyosung Group of companies has continued to donate funds whenever national disasters have occurred, such as the torrential rain in July 2023, the Gangneung wildfire in April 2023, the monsoon deluge in August 2022, the eastern coast wildfire in March 2022, the monsoon deluge in August 2020, and Covid-19 pandemic in February 2020. -
Get a closer >Hyosung Heavy Industries Co., Ltd Showcases Intelligent Power Equipment Solutions for the AI Era 2025.02.12 Hyosung Heavy Industries will showcase intelligent power equipment solutions catering to the AI (artificial intelligence) era. On the 12th, Hyosung Heavy Industries announced that it will participate in ‘ELECS KOREA 2025’ (Electric Energy Conference & Show), a world-class domestic electric industry exhibition held at COEX in Seoul from the 12th to the 14th. ‘ELECS KOREA 2025’ is a dedicated trade exhibition in the electric power and energy sector hosted by the Korea Electrical Manufacturers Association and Korea Electric Power Corporation, with roughly 200 companies and 20,000 industry officials expected to attend. At this exhibition, Hyosung Heavy Industries will showcase AI and digital-based power technologies under the theme of ‘Intelligent Energy Solution-Advancing AI & DC Technologies’. Key products on display include ▲‘ARMOUR+’, a platform-based power facility asset management system that monitors power facilities with AI-based solutions ▲ ‘AR-based vision inspection equipment’, a digital power equipment inspection system utilizing augmented reality (AR) technology ▲ Korea’s first 200MW-class voltage-type HVDC (ultra-high voltage direct current transmission system) developed with proprietary technology ▲ STATCOM (static synchronous compensator) used in renewable energy generation, data centers, etc. to ensure stable power supplies. In particular, the company plans to steer the attention of visitors by operating an ‘experiential zone’ where they can directly explore ‘ARMOUR+’ and 3D modeling of major power devices. Hyosung Heavy Industries CEO Tae-hee Woo said “Hyosung Heavy Industries is constantly expanding its business areas by aggressively incorporating AI and digital technologies into power equipment solutions,” and added, “We want this exhibition to serve as an indelible opportunity to envision the future of the power industry with domestic and international customers.” Meanwhile, Hyosung Heavy Industries has been captivating international customers with more cutting-edge technologies, such as last year’s launch of ‘ARPS (ARmour Plus Seda)’, an integrated solution that combines ‘ARMOUR’, Korea’s first asset management system developed with proprietary technology, and ‘SEDA’, a preemptive diagnosis system of Korea Electric Power Corporation, and exporting it to Malaysia. In particular, ‘ARMOUR+’, set to be launched in the first half of the year, is a platform that can be applied infinitely to various industries such as smart energy management and building facilities, data centers, railways, and power generation based on its expandability. -
Get a closer >Hyosung TNC Unveiling the First-Ever Regen Manufacturing Process at 'Seoul Fashion Week' 2024.11.20 Hyosung TNC is set to unveil the first-ever manufacturing process of Regen, Korea's leading recycled textile brand. On the 27th, it announced that it will participate in the ‘2025 S/S Seoul Fashion Week’ held at Dongdaemun Design Plaza in Seoul on September 4, and focus on introducing Hyosung’s recycled textile technology as a pioneering leader in the global sustainable market. In particular, at this exhibition, Hyosung TNC plans to showcase the manufacturing process of ‘Regen Ocean,’ a nylon fiber made of recycled fishing nets that is the world’s first to be successfully developed since 2007, and ‘Regen Polyester,’ a polyester fiber made of recycled PET bottles that is Korea’s first to be successfully developed since 2008. Seoul Fashion Week is the largest global fashion business event in S. Korea organized by the Seoul Metropolitan Government, with 120 global buyers from around the world to be joining this year. Additionally, Hyosung TNC will showcase the first-ever products that apply ‘textile-to-textile’ (textile recycling), a next-generation eco-friendly textile technology that circulates textile waste generated during the clothing manufacturing process and regenerates it into textile fibers. It plans to collaborate with fashion startup ‘Montsenu’ to exhibit the first-ever T-shirts made of recycled bedding and clothing discarded from hotels. Additionally, it will showcase various Regen-applied products such as Regen Ocean, Regen Polyester, and ‘Regen Bio Spandex’ made of sorghum and sugarcane. CEO Chi-hyung Kim of Hyosung TNC said, “Our company has contributed to expanding its foothold by pioneering the global market for recycled textile fibers,” and added, “We will now solidify our position as a world-class leader of the global trend in the sustainable fashion market by actively developing recycling technologies throughout the entire process from textile manufacturing to disposal.” -
Get a closer >Hyosung TNS Acquired Information Security Certification ‘ISO 27001’ 2024.10.16 On the 16th, Hyosung TNS, Hyosung’s financial IT affiliate, announced that it has acquired ‘ISO27001’ certification, which is an international information security management standard established by the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC). It is the most authoritative international certification in the field of information security The ISO 27001 certification at hand was achieved through a rigorous audit review by DNV, an international expert audit agency, to reliably accredit the security management system of Hyosung TNS for complying with international standards in terms of the confidentiality, integrity, and availability of information assets. Given that Hyosung TNS handles financial information through its ATM business, this international certification for information security has been proactively acquired to ensure customer trust. Based on the technology and know-how accumulated over a long time in the financial automation system field, its competitiveness in the information security field has been enhanced further. CEO Bryan Choi of Hyosung TNS said, “By acquiring this certification, Hyosung TNS has further enhanced its reputable reliability in customer information protection and risk management,” and added, “We will continue to maintain customer trust through systematic security management and delivered innovative solutions in the future, while safely protecting customers’ valuable information and data.”