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  • 1

    Hyundai Reportedly Halts Development Of Hydrogen Tech. Technical issues, lack of marketability, and the underdeveloped charging infrastructure are to blame.

    Q4, 2021

  • 2

    The Hyundai Motor Group has shutdown its engine development division at its Namyang R&D Center in South Korea and the entire team that worked on conventional powertrain systems will now develop electric vehicle (EV) drivetrains.

    Q4, 2021

  • 3

    Customers don’t want more streaming services — they want help buying and navigating the services that already exist. That’s what T-Mobile realized after three years effort to create alternative to cable, Now T-Mobile US will shut down its TVision live-TV service and partner with YouTube TV.

    Q1(Jan-feb-Mar), 2021

Other News

  • 1

    Adient ends Yanfeng Adient Seating joint venture with partner Yanfeng Automotive Trim Systems. The completed transactions will enable Adient to drive its strategy in China independently.

    Q4, 2021

  • 2

    Unilever to sell its Tea business, ekaterra, to CVC Capital Partners Fund VIII for €4.5 bn

    Q4, 2021

  • 3

    Google is shutting down its Stadia game studios.

    Q1(Jan-feb-Mar), 2021

  • 4

    Google parent Alphabet Inc. shut down Loon, an audacious project to beam internet service from high-altitude balloons, after the unit failed to develop a viable business model.

    Q1(Jan-feb-Mar), 2021

  • 5

    Magnachip, spun off from South Korea’s SK hynix has been sold to a Chinese private equity fund for $1.4 billion. Magnachip designs and produces display driver ICs for organic light-emitting diode panels and some automotive chips, including power management ICs. The company raised $570 million in sales.

    Q1(Jan-feb-Mar), 2021

  • 6

    Wärtsilä announces the divestment of 100% of the shares in its Entertainment business, Wärtsilä Funa GmbH, to Videlio SA, a French public limited company. Wärtsilä Entertainment is engaged in the field of design, fabrication, engineering and integration of entertainment systems, illumination, light control, cabin control, broadcast and digital audio distribution and announcement systems for cruise vessels and entertainment parks. These systems are used in the Marine and land-based markets.

    Q1(Jan-feb-Mar), 2021

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