Photo=Hyundai Motor Hyundai Motor is expanding its push into the North American off-road market with a new design studio dedicated exclusively to its growing lineup of XRT (Extreme Rugged Terrain) vehicles. The company’s U.S. design arm, Hyundai Design North America (HDNA), recently opened The Sandbox, an off-road innovation space located inside its Redlands, California facility, Hyundai said on Nov. 18. The

(Photo=Gemini Generated) Prices of yttrium oxide — a critical coating material used in semiconductor manufacturing — have surged nearly 1,500% this year, hitting a record high as China tightens restrictions on rare-earth exports. The spike is adding new pressure to an already fragile global chip supply chain. According to Mining.com, the rare-earth compound was priced at less than $3.63 per

(Photo=Lotte Chemical) South Korea’s Lotte Chemical plans to source U.S. liquefied petroleum gas (LPG) for its newly completed petrochemical complex in Indonesia — a move expected to improve cost efficiency while supporting a recent tariff-reduction agreement between Washington and Jakarta. According to Bloomberg, Indonesia’s Coordinating Minister for Economic Affairs Airlangga Hartarto said Lotte Chemical has applied to import roughly 1.3

Photo=SK Hynix SK Hynix, one of the world’s largest memory-chip makers, is preparing a massive expansion of its manufacturing footprint in South Korea, lifting its planned investment for a new semiconductor complex in Yongin to roughly $600 billion—a fivefold jump from what the company projected just a few years ago. The scale of the project underscores how forcefully the AI

Photo=Samsung Electronics Jay Y. Lee, the executive chairman of Samsung Electronics, departed for the United Arab Emirates on Sunday as South Korea and the U.A.E. move to expand cooperation in artificial intelligence, semiconductors and other strategic technologies. Mr. Lee is expected to join top Korean executives at the Korea–U.A.E. Business Roundtable on Nov. 19, a gathering that follows a summit