I think they will because their business model is pretty smart.
They design & build their own engines, transmissions, steel & other components, all in-house without having to rely on outside suppliers of major components.
Then they ship the finished product out on Hyundai shipping all over the world, so I think they will beat the Japanese at their own game.
I saw an article quite a while ago now that said Hyundai are developing n LPG/electric hybrid that will make the Prius look expensive to own.
I think a lot of this R&D is done by Kia now at their joint facilities but the outcomes for both Hyundai and Kia will be positive I believe.