The Right Approach: Get Ready for ISO 9001 Version 6
Dan’s Biz Bookshelf: ‘Still Broke: Walmart’s Remarkable Transformation'
Driving Innovation: Depth Routing Processes—Achieving Unparalleled Precision in Complex PCBs
Hyundai Mobis Accelerate Mobility Technologies Investing in Overseas VC Funds
July 6, 2020 | PR NewswireEstimated reading time: 1 minute
Hyundai Mobis, which has been devoted to securing future car technologies by developing proprietary technologies and investing directly in global leaders, is diversifying its investment strategies by investing in global venture funds, etc.
Hyundai Mobis announced that it will invest a total of $20 million in “ACVC Partners” and “MOTUS Ventures,” U.S. tech funds in Silicon Valley. This decision was made with the aim of securing future mobility technologies and growth engines in various ways to help contend with the rapidly changing business environment. By so doing, Hyundai Mobis will be able to preemptively secure global allies necessary for its strategies represented by autonomous driving, electrification and connectivity.
Until now, Hyundai Mobis has been investing KRW 1 trillion each year as R&D expenditures, and concentrating on securing proprietary technologies with the Technical Center of Korea and four global R&D centers playing the central role. The company succeeded in developing the radar sensor, which used to depend entirely on imports, with its own technology in 2018, and independently secured the camera systems for commercial vehicles and the in-cabin sensing technology.
Additionally, Hyundai Mobis has been engaging in direct investments in leading companies at home and abroad. Back in 2018, the company invested in StradVision (Korea), a deep-learning-based camera sensor maker. Last year, it invested $50 million in Velodyne, a global leader in lidar technology, and directly invested in the joint venture between Hyundai Motor Group and Aptiv.
Following its development of independent technologies and investments in leading companies, Hyundai Mobis invested in global startups, diversifying its investment strategies. The company is planning to foster global startups, which have strengths in future mobility technologies and leverage various collaboration opportunities as part of its mid-to-long-term R&D strategies.
Share on:
Testimonial
"The I-Connect007 team is outstanding—kind, responsive, and a true marketing partner. Their design team created fresh, eye-catching ads, and their editorial support polished our content to let our brand shine. Thank you all! "
Sweeney Ng - CEE PCBSuggested Items
MEMS & Imaging Sensors Summit to Spotlight Sensing Revolution for Europe’s Leadership
09/11/2025 | SEMIIndustry experts will gather November 19-20 at the SEMI MEMS & Imaging Sensors Summit 2025 to explore the latest breakthroughs in AI-driven MEMS and imaging optimization, AR/VR technologies, and advanced sensor solutions for critical defence applications.
Dymax Mexico to Showcase Light-Curing Technologies at SMTA Guadalajara Expo & Tech Forum 2025
09/05/2025 | DymaxDymax, a global manufacturer of rapid light-curing materials and equipment, will participate in SMTA Guadalajara Expo & Tech Forum, taking place September 17-18, 2025, at the Guadalajara Expo Center in Guadalajara, Jalisco, Mexico.
Kris Moyer Discusses His Emerging Design Technologies Class
09/04/2025 | Marcy LaRont, I-Connect007Kris Moyer, a design instructor for the Global Electronics Association, will be teaching his advanced PCB design class this fall. If you’re ready to level up your design education, you won’t want to miss this interview. The PCB Design for Emerging Design Technologies course is designed to provide the skills necessary to create PCB/PBA designs that require cutting-edge emerging design technologies and comply with all necessary IPC standards, including new standards being developed in this area.
TTM Technologies: Bridging East and West with Strategic Expansion
08/25/2025 | Marcy LaRont, I-Connect007As global supply chains shift and demand for supply chain resiliency grows, TTM Technologies is expanding with purpose: bolstering its U.S. presence while maintaining a strong footprint in Asia. With recent moves in Wisconsin and Malaysia, the company is positioning itself to better support customers amid an evolving geopolitical landscape. In this interview, President and CEO of TTM Technologies Tom Edman discusses TTM’s expansion strategy, the future of manufacturing, and his planned retirement after his long tenure at the helm of the company.
MS2 Technologies, LLC/P. Kay Focuses on Central America with First Installation in Honduras
08/24/2025 | P. Kay Metal, Inc.This year MS2 Technologies has turned their focused to the growing electronics market in Central America. With that focus came the adaptation of MS2 and the Akila System from a Honduras-based corporation with manufacturing plants in both Honduras and Mexico.