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 [...]
SEOUL, Jul. 11 (Korea Bizwire) — Hyundai Motor Co. said Thursday it will test a ‘self-driving robo-taxi’ in Russia it has developed with Russian internet search firm Yandex. Under an initial agreement signed in March, Hyundai and Yandex have developed a driverless riding platform based on Hyundai’s Sonata midsize sedan. They will begin testing 100 [...]
SEOUL, Apr. 30 (Korea Bizwire) — South Korea has developed a new technology that automatically adjusts the height of an automobile when crossing school zones or speed humps, increasing safety and providing better driving experience. Hyundai Mobis Co., South Korea’s biggest auto parts maker, announced on Monday that it has developed so-called Preview Air Suspension [...]
SEOUL, Mar. 31 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s biggest auto parts maker, said Sunday that it aims to secure an advanced deep learning-based camera image detection technology by the end of this year. The company said it plans to apply the technology, required to build safe self-driving systems, to the front camera [...]
SEOUL, Feb. 27 (Korea Bizwire) – U.S. activist fund Elliott Management has begun to put pressure on Hyundai Motor Co. by recommending an outside director and demanding a higher yield. A shareholder in both Hyundai Motor and Hyundai Mobis Co., Elliott Management exercised the right of shareholder’s proposal to recommend a new outside director. However, the two [...]
SEOUL, Feb. 13 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s top auto parts maker, said Wednesday that it has begun operations of a hydrogen fuel cell-based power generator. The generator employed at the company’s Chungju factory, 147 kilometers southeast of Seoul, is equipped with fuel cells powering the midsize Nexo SUV. The Nexo hydrogen [...]
SEOUL, Jan. 9 (Korea Bizwire) – Hyundai Mobis Co., South Korea’s biggest auto parts maker, introduced a “Level 4″ full self-driving automation technology at the Consumer Electronics Show (CES) in Las Vegas, the company said Wednesday. In a Level 4 car, there is no need for the driver to take control, as the vehicle is [...]