SEOUL, Oct. 10 (BNA) Hyundai Mobis, South Korea’s leading auto parts maker, said Monday it will promote an advanced in-vehicle infotainment (IVI) system jointly developed with a Swiss company for next-generation vehicles.
Hyundai Mobis said in a statement that Hyundai Mobis and Luxoft are “in the final stage” of developing the IVI platform for future vehicles and will present it at the International Supplier Show to be held in Germany on October 11.
The two companies’ IVI platform, called Mobis Infotainment System (MIS), can fully control six screens – a digital array, an augmented reality display, a center display and three passenger seat screens, the statement said.
Hyundai Mobis said it will promote the MIS platform in global markets and is looking for opportunities to sell it to multinational automakers.
Hyundai Mobis is a primary subsidiary of Hyundai Motor Group, which also has Hyundai Motor Corporation and KIA Corp. under its wing. Hyundai Mobis owns a 21.43% stake in Hyundai Motor.
In the January-June period, the company secured $2.57 billion in parts orders from global automakers, excluding captive buyers Hyundai Motor and Kia.
Hyundai Mobis earns about 90 percent of its sales from Hyundai Motor and Kia, with 10 percent from other automakers.
SM