Hyundai Mobis (short for ''Mobile'' and ''System'') is a public

South Korea South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korean Peninsula and sharing a land border with North Korea. Its western border is formed by the Yellow Sea, while its ea ...

n car parts company. Founded as Hyundai Precision & Industries Corporation ( ko, 현대정공/現代精工) in 1977, the company forms the "parts and service" arm for the South Korean automakers

Hyundai Motor Company Hyundai Motor Company, often abbreviated to Hyundai Motors ( ) and commonly known as Hyundai (, ; ), is a South Korean multinational automotive manufacturer headquartered in Seoul, South Korea, and founded in 1967. Currently, the company o ...

, Genesis Motors and

Kia Motors Kia Corporation, commonly known as Kia (, ; formerly known as Kyungsung Precision Industry and Kia Motors Corporation), is a South Korean multinational automobile manufacturer headquartered in Seoul, South Korea. It is South Korea's second lar ...

. As of 2014, it was the "world's No. 6 automotive supplier."

History

Headquartered in

Seoul Seoul (; ; ), officially known as the Seoul Special City, is the capital and largest metropolis of South Korea.Before 1972, Seoul was the ''de jure'' capital of the Democratic People's Republic of Korea (North Korea) as stated iArticle 103 of ...

, it was founded on June 25, 1977 as Hyundai Precision & Industries Corporation. In 2000, the company changed its name to Hyundai Mobis. The company forms the "parts and service" arm for the South Korean automakers

, Genesis Motors and

. In 2013, the company had revenue of

US$ The United States dollar (symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official ...

33 billion. As of 2014, it was "the world's No. 6 automotive supplier" in ''Bloomberg''. In May 2016, the company ranked #297 on the

Forbes Global 2000 The ''Forbes'' Global 2000 is an annual ranking of the top 2000 public companies in the world, published by ''Forbes'' magazine. "The Global 2000" annual ranking is assembled by ''Forbes'' using a weighted assessment of four metrics: sales, profit ...

, with a market cap of US $21.3 billion. In 2015, it had revenues of $32.11 billion.

Products

The company offers

chassis A chassis (, ; plural ''chassis'' from French châssis ) is the load-bearing framework of an artificial object, which structurally supports the object in its construction and function. An example of a chassis is a vehicle frame, the underpart ...

, cockpit, and front-end modules; safety products, including

airbags An airbag is a vehicle occupant-restraint system using a bag designed to inflate extremely quickly, then quickly deflate during a collision. It consists of the airbag cushion, a flexible fabric bag, an inflation module, and an impact sensor. Th ...

; headlights;

anti-lock brake An anti-lock braking system (ABS) is a safety anti- skid braking system used on aircraft and on land vehicles, such as cars, motorcycles, trucks, and buses. ABS operates by preventing the wheels from locking up during braking, thereby maintaini ...

system and

electronic stability control Electronic stability control (ESC), also referred to as electronic stability program (ESP) or dynamic stability control (DSC), is a computerized technology that improves a vehicle's stability by detecting and reducing loss of traction ( skiddi ...

products;

steering Steering is a system of components, linkages, and other parts that allows a driver to control the direction of the vehicle. Introduction The most conventional steering arrangement allows a driver to turn the front wheels of a vehicle using ...

parts; multimedia systems; UVO systems; injection-molded plastic parts, such as instrument panels, carriers, and bumpers; and steel wheel rims and decks. It also supplies after-sales service parts for vehicles. Concentrating its resources on A/S parts sales, module parts manufacture and parts export, Hyundai MOBIS has firmly established its position as the leading auto parts specialist company.

Car production

In the 1990s, Hyundai Precision produced the

Hyundai Galloper The Hyundai Galloper (), also known as the Galloper Exceed, Galloper Innovation, Mitsubishi Galloper, Asia Galloper or Hawtai Jitian, is a full-size SUV manufactured by the South Korean manufacturer Hyundai from 1991 to 2004. It was a rebadged ...

and Santamo cars at the

Ulsan Ulsan (), officially the Ulsan Metropolitan City is South Korea's seventh-largest metropolitan city and the eighth-largest city overall, with a population of over 1.1 million inhabitants. It is located in the south-east of the country, neighboring ...

plant next to Giant Hyundai motor complex. Hyundai motor Ulsan complex was at that time the world's single largest motor plant of 1.5 million units production capacity. I.E 5 assembly plant of 30,000 car production annual capacity since 2000s, but production shifted to the Hyundai Motor Company in 1999.

References

External links

*
Mobis Japan Homepage

Mobis Alabama Homepage

Mobis India Homepage
{{Authority control Mobis Auto parts suppliers of South Korea Automotive companies established in 1977 Companies listed on the Korea Exchange Defence companies of South Korea South Korean companies established in 1977

History

Products

Car production

See also

References

External links