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…
Hyundai Mobis, the 7th largest leading automotive supplier, announced that the company has hired executive vice president, Axel J. Maschka as head of the Global Sales Division. Maschka will directly report to CEO of Hyundai Mobis. Prior to this role, Maschka served as a senior VP and Executive Committee member at Valeo in charge of…
As part of its global R&D networking in Korea, North America, Europe, China and India, Hyundai Mobis announced that it will be expanding its technical center in India, which develops and validates automotive software. Through this, the company aims to strengthen its R&D activities in India, particularly software development for autonomous vehicles. Hyundai Mobis announced…