SEOUL, Oct. 30 (Korea Bizwire) – Hyundai Mobis Co., South Korea’s largest auto parts maker by sales, said Monday its third-quarter net profit plunged 32 percent on lower demand from China. For the three months that ended on Sept. 30, net profit declined to 482.2 billion won (US$429 million) from 705.8 billion won a year earlier, the company [...]
SEOUL, Oct. 18 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s largest auto parts maker by sales, has developed an air bag system for a sun roof for the first time in the automobile industry, the company said Wednesday. “In the past two and a half years, the company has developed the air bag system [...]
SEOUL, Aug. 16 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s biggest auto parts maker, has developed a bi-directional onboard charger loadable on an electric vehicle, the company said Wednesday. The bi-directional onboard charger (OBC) allows an electric car that comes with it to charge itself at a charging station. It also allows the vehicle [...]
SEOUL, Aug. 8 (Korea Bizwire) – South Korea’s top auto parts maker Hyundai Mobis Co. said Tuesday it has built a plant capable of mass-producing parts for hydrogen fuel cell electric vehicles in a bid to preempt the global market. The company said the factory, located inside its existing eco-friendly vehicle parts complex in the [...]
SEOUL, Aug. 3 (Korea Bizwire) — Hyundai Mobis has developed a new technology called ‘smart key’, which allows users to start their car engine using a smartphone. The South Korean car parts company announced on Wednesday that it has developed a new system which connects smartphones equipped with near-field communication (NFC) technology to vehicles through [...]
SEOUL, Jun. 12 (Yonhap) — Hyundai Mobis Co., one of South Korea’s largest auto component manufacturers, said Sunday that it has opened its first domestic proving ground that will allow it to better test parts and related technologies. The company, an affiliate of Hyundai Motor Group, said it invested about 300 billion won (US$266 million) [...]
SEOUL, May 16 (Korea Bizwire) – Hyundai Mobis Co., an auto parts affiliate of Hyundai Motor Group, said Tuesday it will open its first domestic proving ground starting in June to test auto parts and related technologies. The country’s biggest auto parts maker by sales invested about 300 billion won (US$268 million) in the past [...]
SEOUL, Mar. 7 (Korea Bizwire) – Half of the new recruits at Hyundai Mobis will be working in research and development with a focus on self-driving and connected car technologies, the company announced yesterday. Of the 278 employees Hyundai Mobis hired last month, nearly a quarter were electronics and computer science majors in light of [...]
SEOUL, July 20 (Korea Bizwire) — Hyundai Mobis Co., the auto parts unit of Hyundai Motor Group, said Wednesday that it has set up a new distribution center in Belgium in the latest efforts to reduce lead time for its customers. The 56,000 square-meter facility will also serve as a logistics hub for Britain, Germany, [...]
SEOUL, May 16 (Korea Bizwire) – Hyundai Motor Group is extending its futuristic offerings beyond a recently-revealed wearable robot reminiscent of Iron Man. Following the latest photo releases of Iron Man look-a-like robot prototypes, Hyundai’s plans to develop advanced weaponry have also been revealed. The group’s subsidiaries, including Hyundai Motor, Kia Motor, Hyundai Mobis, Hyundai [...]