Samsung revealed that it held the ‘HMG Appreciation Day’ at the Samsung Electronics Seocheon Training Center, welcoming prominent executives from Hyundai Motor Group. Samsung is hosting a large-scale invitation event aimed at key domestic conglomerates for the first time.
The gathering, centered around the theme ‘One Harmony Toward the Future,’ welcomed 177 attendees, which included Samsung Electronics DS Division Head Vice Chairman Jun Young-hyun, Hyundai Motor Group Vice Chairman Chang Jae-hoon, along with executives and senior managers from both firms and their partners.
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In his welcome address, Vice Chairman Jun Young-hyun stated, “Hyundai Motor Group and Samsung have been steadfast partners who together wrote the history of South Korea’s industry. We look forward to creating new value and infinite possibilities by combining Hyundai’s innovative vision for leading future mobility with Samsung’s technological capabilities spanning from components to finished products.”
Vice Chairman Chang Jae-hoon remarked, “Beyond cooperation in vehicle component fields such as automotive electronics, audio, and batteries, Samsung and Hyundai Motor Group are expanding possibilities for collaboration in future industries like robotics and energy. We expect greater synergy when the strengths of both groups, accumulated over three generations since their founding, are combined. We hope to respect each other’s strengths, join forces, and tackle future challenges together.”
Samsung established an exhibition area at the event to showcase upcoming mobility technologies from its key subsidiaries. The DS Division presented cutting-edge semiconductor technologies for vehicles, whereas Samsung SDI displayed next-gen electric vehicle innovations, such as all-solid-state batteries and modules for battery cells and packs.
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Samsung Electro-Mechanics launched camera modules and multilayer ceramic capacitors (MLCCs) necessary for autonomous driving. Samsung Display and Samsung Harman revealed advanced displays, integrated control units (CCUs), and telematics control units (TCUs) for software-defined vehicles (SDVs).
The partnership between the two groups has grown from interactions that trace back to their founding generations. In November 1985, Samsung's founder Lee Byung-chul, despite undergoing medical treatment, attended Chung Ju-yung's 70th birthday party and presented a white porcelain vase as a gift. In March 2001, Samsung's former Chairman Lee Kun-hee hosted Chung Mong-koo, the then-chairman of Hyundai and Kia, for a private meeting at Samsung's guesthouse.
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With Lee Jae-yong, Chairman of Samsung Electronics, and Chung Eui-sun, Chairman of Hyundai Motor Group, at the helm, collaboration has progressed into definitive supply agreements. In May 2020, the two chairmen convened at Samsung SDI’s Cheonan facility and again in July at Hyundai Motor and Kia’s Namyang R&D Center to explore cooperation in future mobility, particularly regarding next-generation electric vehicle batteries. Samsung SDI and Hyundai Motor subsequently formalized their inaugural electric vehicle battery supply agreement in 2023.
Samsung and Hyundai Motor Group aim to keep seeking collaboration opportunities in semiconductors, batteries, automotive electronics, and displays.
By merging Samsung’s technologies in components and materials with Hyundai Motor Group’s expertise in electric vehicles, autonomous driving, SDVs, and robotics, they anticipate generating synergy in emerging sectors like physical AI.