Samsung has announced that it’s teamed up with automotive giant Hyundai to formalize a strategic “one team” partnership, which the company says is aimed at spearheading future mobility and advanced industries for both Samsung and Hyundai.
That said, Samsung hosted its “HMG Appreciation Day” event at the Samsung Electronics Seocheon Training Center on November 9, welcoming a delegation of top executives from Hyundai Motor Group, including Vice Chairman Jang Jae-hoon and President of Planning and Coordination Suh Kang-hyun along with several other key figures, senior managers, and affiliates.
During the event, Samsung curated a dedicated exhibition which highlighted advanced automotive semiconductors from the DS Division, eco-friendly battery technologies including all-solid-state cells from Samsung SDI, autonomous driving components (such as camera modules and MLCCs) from Samsung Electro-Mechanics, as well as displays and software-driven vehicle (SDV) solutions from Samsung Display and Samsung Harman.
According to Samsung, the meeting marks the first time that it has hosted a large-scale invitation event dedicated to a major domestic conglomerate. The new collaboration builds on earlier established ties between the two industry giants, which dates back as far as 1985, and was further developed following a a major EV battery supply contract in 2023. Speaking at the event, Samsung Electronics Vice Chairman Jeon Young-hyun remarked:
Hyundai Motor Group and Samsung are reliable partners who have written the history of Korean industry together… I look forward to opening up new value and infinite possibilities together as Hyundai Motor Group’s innovative vision, which leads future mobility, meets Samsung Group’s technological prowess, encompassing everything from components to finished products.
