Tag: Hyundai Autron

Hyundai Mobis acquires semiconductor division of Hyundai Autron for $122 mn

Hyundai Mobis, the 7th largest leading automotive supplier, announced that the board of directors approved the acquisition of the semiconductor division of Hyundai Autron.  Upon receiving the approval, Hyundai Mobis and Hyundai Autron signed a contract to transfer all related employees and assets. The acquisition cost was $122 million. With this acquisition, Hyundai Mobis plans…