Accelerating Open Innovation
Hyundai Mobis is actively pursuing open innovation to
further strengthen its competence and respond to
future needs.
We are cooperating with various partners, such as leading enterprises and
universities located domestically and abroad, and are actively working to find
competent start-ups to increase investments in them, and pushing ahead with M&A
with innovative ICT companies.
We established an open innovation organization in Korea in 2018, launched the
open innovation center, Mobis Ventures, in Silicon Valley in the U.S. In the first half of
2019, we expanded the research branch in Shenzhen, China into Mobis Ventures
and have since been operating it as our artificial intelligence-based specialized
technology sourcing base. Through strategic collaboration with Hyundai Cradle,
Hyundai Motor Company’s open innovation center, Mobis Ventures will source
promising tech startups in areas such as autonomous driving, connectivity,
artificial intelligence, big data and vehicle security, and invest in them.
OPERATING GLOBAL TECHNOLOGY SOURCING
BASES IN DIFFERENT AREAS
U.S.A.(Silicon Valley)
- Sourcing promising startups in autonomous driving and infotainment
- Predicting innovative technology trends
- Building startup networks
China (Shenzhen)
- Specialized technologies based on artificial intelligence
- Connectivity service for local models
Korea (Asia)
- Global open innovation headquarters
- Coordinating new businesses like autonomous driving and mobility service
- Building startup networks in major Asian countries
Israel
- Security, sensors, software platforms
Europe (Finland, Sweden, France, etc.)
- Mobility service and automotive parts
Progress of Open Innovation for Future Car Development at Hyundai Mobis
Korea | China | Russia | U.S.A | U.S.A |
---|---|---|---|---|
StradVision | DeepGlint | Yandex | Aptiv | Velodyne |
Deep learning-based camera sensor development |
Development of high- performance face recognition technology using AI |
Autonomous driving robo taxi development | Fully autonomous driving technology development JV equity investment (Hyundai Motor Group) |
Level 3 autonomous driving lidar mass production development |