SEOUL, Feb. 14 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s biggest auto parts maker and a key affiliate of Hyundai Motor Group, on Friday named an outside director dedicated to enhancing shareholder value. Hyundai Mobis’ board of directors has appointed financial expert Jang Young-woo, a former head of UBS financial firm in Seoul, as [...]
SEOUL, Jan. 30 (Korea Bizwire) — Hyundai Motor Group’s three key affiliates posted stellar performance last year with their operating profit jumping 44 percent on a weak won and robust sales of sport-utility vehicle models. For the whole of 2019, Hyundai Motor Co., Kia Motors Corp. and auto parts maker Hyundai Mobis Co. posted a [...]
SEOUL, Jan. 13 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s biggest auto parts maker, will secure 9 trillion won (US$7.8 billion) in the next three years for investment in future vehicle technologies, a company executive has said. In a group interview with South Korean reporters on the sidelines of the Consumer Electronics Show (CES) [...]
SEOUL, Dec. 19 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s biggest auto parts maker, said Thursday it will unveil an upgraded autonomous concept car at the annual Consumer Electronics Show (CES), the world’s biggest consumer technology-focused conference, in the United States next month. Hyundai Mobis plans to promote its fully autonomous M.Vision S concept [...]
SEOUL, Nov. 13 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s biggest auto parts maker, said Wednesday it has developed a new rear-autonomous emergency braking (R-AEB) technology. In a first for the automobile industry, Hyundai Mobis used ultra short range radar (USRR) rather than a combination of camera and ultrasonic sensor to develop the R-AEB [...]
SEOUL, Oct. 23 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s biggest auto parts maker, said Wednesday it will invest US$50 million in a U.S. light detection and ranging (LiDAR) company for autonomous driving technologies. Hyundai Mobis has recently partnered with Velodyne Lidar, a world-leading LiDAR sensors provider, in order to mass-produce Level 3 autonomous [...]
SEOUL, Sept. 5 (Korea Bizwire) — A new video commercial for Hyundai Mobis Co., South Korea’s biggest auto parts maker, is gaining popularity on social media after reaching more than 4 million views just 10 days after it was posted on YouTube. In the commercial, a dog reminiscing about fun times playing ball with his [...]
ULSAN/SEOUL, Aug. 28 (Korea Bizwire) — Hyundai Mobis Co. kicked off construction of a major electric vehicle parts plant in Ulsan on Wednesday, which President Moon Jae-in hailed as a significant move in South Korea’s drive to prod local conglomerates to expand facility investment at home. The country’s biggest auto parts maker plans to invest [...]
SEOUL, Jul. 21 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s largest auto parts maker, said Sunday it has developed a camera monitoring system that will replace side-view mirrors in next-generation vehicles. Three high-performance camera sensors inside the vehicle will not only increase driving safety by significantly reducing blind spots, and but also improve fuel [...]
SEOUL, Jul. 14 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s biggest auto parts maker, said Sunday that, starting from 2021, it will apply an advanced forward collision avoidance system to trucks and vans produced by Hyundai Motor Co. Hyundai Mobis has developed the driver state warning (DSW) system, which detects drowsy driving or lack [...]