Source: Hyundai Mobis announcement

SEOUL — Hyundai Mobis (KRX: 012330) has been named the Supplier of the Year by GM, the largest automaker in North America. This is its fifth time since it was first crowned by GM as the Supplier of the Year in 2018 and it shows that the quality of the company’s products and technology have been widely recognized in the global market.

GM selects the Supplier of the Year after conducting a comprehensive evaluation of around 3,000 primary suppliers for their product quality, development capability, innovation, and on-time delivery across 10 categories including chassis, powertrain, interior design, and electronic devices.

Hyundai Mobis aims to become a lifelong technology partner for vehicles and people. The company has outstanding expertise in sensors, sensor fusion in ECUs and software development for safety control. The company’s products also include various components for electrification, brakes, chassis and suspension, steering, airbags, lighting and automotive electronics.

One of the core parts that Hyundai Mobis supplies to GM is the ICS (Integrated Center Stack), which is an electronic device that controls the multimedia and air conditioning system. Following its first supply to GM in 2010, the company has since continued to supply ICS for the top vehicle models of GM from small passenger cars to large SUVs. Furthermore, Hyundai Mobis supplies DIH (Drum in Hat) to GM.

Based on the mutual trust that has been built for over 10 years, Hyundai Mobis plans to strengthen its business activity and to find opportunities to supply GM with other core parts including HUD (Heads-Up Display) and lamp.

Hyundai Mobis is also actively working to obtain international certifications to target other global automakers. As part of the effort, it has obtained TISAX (Trusted Information Security Assessment Exchange) for its 12 business locations from 2020. TISAX is an international information security standard developed by the ENX Association to ensure an appropriate level of information security. To view the entire announcement, click HERE