Monday, May 20, 2019

Hyundai Mobis steps up tech partnerships

The Future. Hyundai Mobis is is looking at startup investments in autonomous driving sensors, camera, radar/Lidar sensor fusion, battery cells and fuel cells to secure core future vehicle technologies by 2021. (Business Wire foto via AP)

THERE’S no stopping Hyundai Mobis as it accelerates its full-scale collaboration with promising high-tech companies.

The South Korean car parts company recently built a strategic partnership with China’s Deep Glint, which has key technologies on object recognition and behavior pattern analysis utilizing artificial intelligence.

The move is in line with the company’s aim to become a global technology leader by reinforcing its competence in core technologies for future automotive vehicles.

Hyundai Mobis announced last March 13 to push ahead equity investment to build a strategic partnership with Deep Glint. The investment is valued at $5 million.

The technical cooperation between Hyundai Mobis and Deep Glint is expected to be carried out in such areas as vehicle security authentication, driver status monitoring and an in-vehicle virtual assistant. (With Business Wire via AP)


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