![Jang Seob Yoon](https://cdn.statcdn.com/static/../CMS/contactperson/ERI2596_1599056597.jpg)
R&D expenses of HDKSOE 2015-2023
In 2023, the research and development (R&D) expenses of HD Korea Shipbuilding & Offshore Engineering (HDKSOE) was around 162.4 billion South Korean won. As one of HD Hyundai Group's holding companies, HDKSOE is the parent company of Hyundai's shipbuilding companies, including HD Hyundai Heavy Industries, HD Hyundai Mipo, and HD Hyundai Samho.