|Bid||199,000.00 x 0|
|Ask||200,000.00 x 0|
|Day's range||196,500.00 - 201,000.00|
|52-week range||165,000.00 - 276,500.00|
|Beta (3Y monthly)||1.08|
|PE ratio (TTM)||N/A|
|Earnings date||26 Jul 2018 - 30 Jul 2018|
|Forward dividend & yield||3,500.00 (1.93%)|
|1y target est||253,200.00|
Hyundai Mobis (012330.KS) is launching its first open innovation center, ‘M.Cube’ in Silicon Valley of the US to make a full-fledged commitment to source and invest in startups possessing new technologies for future vehicles such as self-driving.
Hyundai Mobis (012330.KS) announced that the company has developed the world’s first Advanced Adaptive Driving Beam (AADB) which safely ensures vision with the high beams turned on all the time in connection with the Advanced Driver Assistance System (ADAS). Hyundai Mobis is planning to use this technology to lead the future car lamp market that requires precise light control. The Adaptive Driving Beam (ADB) is a form of technology that helps the driver ensure vision by always maintaining high beam operation and preventing the glare on the driver of the car in front by blocking only the light of the high beams directed at the car in front at the same time.
Hyundai Mobis (012330.KS) is actively introducing innovative technologies like 3D images and deep learning to drastically improve the accuracy of the autonomous driving sensor it is proprietarily developing. Its purpose is to speed up the formation of a template for future technologies by adopting various ideas in the R&D process.
To reinforce its competitiveness in core technologies of future vehicles, Hyundai Mobis (012330.KS) has decided to invest in a promising startup in this field. The firm aims to evolve into a software-centered technology company by establishing extensive partnership with competitive vendors in the fields of future vehicles such as self-driving and connectivity. This month, Hyundai Mobis made an equity investment agreement with StradVision, a Korean startup, which possesses deep learning-based camera image detection technology.
The redundant control mode prevents accidents due to steering errors in the autonomous driving mode
On the 24th, Hyundai Mobis (012330.KS) announced that it has succeeded in developing new materials that can fundamentally resolve the fog issue that has been a challenge to global lamp makers, and applied it to all its lamp products in production.
Hyundai Mobis (012330.KS) plans to use its proving ground, which opened last June in Seosan, South Chungcheong Province, as a test bed for new technologies, with the goal of becoming a leader in future car technologies. The automotive supplier announced at the proving ground that it plans to develop autonomous driving sensors, which are essential for future vehicles, by 2020, and lead the global market for autonomous driving based on its technology power.
Hyundai Mobis (012330.KS) is currently entering the market for digital clusters, a field which is on the rise as a driving information display solution for autonomous cars. For this, Hyundai Mobis produced a cluster equipped with a 7" display and applied it to Hyundai Kona EV. The company is also aiming to induce the development of a next-generation cockpit optimized for the era of autonomous driving.
Hyundai Mobis (012330.KS) won back-to-back orders from China this year, primarily for cutting-edge products, including head-up displays (HUD), premium sound systems, motor-driven power steering (MDPS) and headlamps. This is a notable feat considering that the company faced challenges in China last year due to the ongoing THAAD dispute. As of this May, Hyundai Mobis had attained an order volume of $423 million for core auto components in China, up nearly 50% from the orders it won throughout last year, as announced by the automotive supplier on the 9th.
Hyundai Mobis (012330.KS) announced a detailed plan for improving actual shareholder value. The three shareholder-friendly policies the company announced include retirement of treasury stock, quarterly dividends payment and mid- and long-term profit goals. At the special board of directors meeting held on 2nd, Hyundai Mobis resolved to retire all of the ordinary shares it acquired and holds within the range of profit available for dividends in next year and additionally purchase and retire ordinary shares worth 187.5 billion won for three years from next year.
Hyundai Mobis is transforming into a company that focuses thoroughly on future technology.
15 years after it began the development of chassis technology, Hyundai Mobis (012330.KS) finally succeeded in securing world-class technology in the car suspension system, following advances in braking and steering. With this new technology, the automotive supplier has been able to deliver optimal performance by integrating all chassis functions and improve the safety of automotive driving systems by raising control precision. Hyundai Mobis announced on the 24th that it had recently developed eARS (electrical Active Roll Stabilization), an electronic controlled suspension component.
Hyundai Mobis kicks off testing of its autonomous car M.BILLY on the roads around the world. The company now has three test cars, but will increase the number to over ten by the end of this year and increase engineers in the autonomous driving field more than 15% every year to put a concentrated effort into developing safe autonomous driving technology.