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Hyundai Mobis to Secure Image Detection Technology This Year

Hyundai Mobis to Secure Image Detection Technology This Year

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 [...]

Elliott Management May Butt Heads with Hyundai over Outside Director Appointment

Elliott Management May Butt Heads with Hyundai over Outside Director Appointment

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 [...]

Hyundai Mobis Showcases Hydrogen Fuel-based Power Generator

Hyundai Mobis Showcases Hydrogen Fuel-based Power Generator

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 [...]

Hyundai Mobis to Make Inroads into Automotive Digital Instrument Cluster Market

Hyundai Mobis to Make Inroads into Automotive Digital Instrument Cluster Market

SEOUL, May 9 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s biggest auto parts maker by sales, said Wednesday it aims to make inroads into the global automotive digital instrument cluster market to generate future growth. Hyundai Mobis, the auto component affiliate of Hyundai Motor Group, said it began production of 7-inch digital instrument clusters [...]

Hyundai Mobis Outlines Growth Plans in Line with Group’s Streamlining

Hyundai Mobis Outlines Growth Plans in Line with Group’s Streamlining

SEOUL, April 26 (Korea Bizwire) – Hyundai Mobis Co., South Korea’s biggest auto parts maker by sales, on Thursday outlined its growth plans in line with its parent Hyundai Motor Group’s broad governance restructuring program. The move comes after Hyundai Motor Group announced last month that auto parts supplier Hyundai Mobis will spin off its [...]

Hyundai Mobis Develops Stabilization Technology

Hyundai Mobis Develops Stabilization Technology

SEOUL, April 24 (Korea Bizwire) – Hyundai Mobis Co., South Korea’s biggest auto parts maker, said Tuesday it has developed an advanced suspension system that helps reduce the body lean of cars during cornering. The company said five years of work went into its electrical Active Roll Stabilization (eARS), which not only improves handling on turns but also [...]

Hyundai Mobis to Test Semi-autonomous Vehicle in U.S. This Year

Hyundai Mobis to Test Semi-autonomous Vehicle in U.S. This Year

SEOUL, Apr. 19 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s biggest auto parts maker, said Thursday it will test a self-driving vehicle in the United States this year, with an aim to mass-produce a semi-autonomous car in 2022. The company said it plans to start test driving a vehicle named M.BILLY on the motorways [...]