Deals
Go-It-Alone Hyundai Opens Up to Silicon Valley
- Automaker’s technology push breaks from go-it-alone strategy
- Ex-Samsung executive overseeing information technology efforts
Hyundai Breaks From Go-It-Alone Strategy
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Hwang Seung Ho wants to take a wrecking ball to the fortress mentality at Hyundai Motor Co.
The Korean automaker is the crown jewel of the mighty Hyundai Motor Group, a sprawling conglomerate with companies spanning industries as diverse as steel, construction and financial services. When the company needs metal for its Hyundai and Kia models, it can choose from three steel-making affiliates. For front-ends, seats, lamps, axles, engines and transmissions, Hyundai’s vast internal network of parts makers can produce them all.