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    A012330   KR7012330007

HYUNDAI MOBIS CO.,LTD

(A012330)
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End-of-day quote Korea Stock Exchange  -  05-18
195000.00 KRW   -3.23%
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Hyundai Mobis Announces HLED to Perform Tail and Stop Light with a Single Led for the First Time in the World

02/22/2021 | 03:10am EDT

Hyundai Mobis announced on February 22 that the company became the first in the world to develop an HLED that can be bent flexibly like a thin film. Now, a single LED can serve as both the stop lamp and the tail lamp at the same time with only 5.5mm thickness of the LED surface. Hyundai Mobis named this new rear lamp system HLED, which signifies high performance, high definition and homogeneity. Most vehicles have the tail lamp and stop lamp separately under the safety laws. According to the laws, the stop lamp must be much brighter than the tail lamp. However, the HLED, developed by Hyundai Mobis, allows the tail lamp and the stop lamp to be implemented with a single LED by just controlling the light with electrical signals. Moreover, the HLED can generate bright and uniform stop light even when it is bent by emitting light in five different directions. As a result, the rear lamp will be more visible to the drivers of the vehicles approaching from the rear and side. Compared to the existing ream lamp, HLED can create various lamp design since it can be bent or curved. It is also possible to secure more space and offer lower weight, as it removes all the internal components used for existing rear lamp by controlling light with the new LED alone. Hyundai Mobis has passed the reliability tests of Europe (ECE) and the US (SAE) related to tail lamps and stop lamps. It has already received orders from European automakers and is currently conducting mass-production development of HLED.


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All news about HYUNDAI MOBIS CO.,LTD
05/13Hyundai Mobis, Germany's Vector Sign Deal to Develop Future Mobility Platform
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05/12Hyundai Mobis and Vector Signs A Strategic Partnership for Software Platform Developmen..
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04/27Hyundai Mobis Appoints Yukihiro Hattori as President of Hyundai Mobis Japan
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04/25Nomura Adjusts Hyundai Mobis' Price Target to 220,000 Won From 300,000 Won, Keeps at Ne..
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03/20HYUNDAI MOBIS CO.,LTD(KOSE : A012330) dropped from S&P Global 1200
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02/24Hyundai Mobis Wins Global Orders for Advanced Auto Lamps
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Financials
Sales 2022 48 111 B 38,0 B 38,0 B
Net income 2022 2 565 B 2,02 B 2,02 B
Net cash 2022 8 032 B 6,34 B 6,34 B
P/E ratio 2022 7,18x
Yield 2022 2,45%
Capitalization 17 754 B 14 015 M 14 015 M
EV / Sales 2022 0,20x
EV / Sales 2023 0,16x
Nbr of Employees 10 269
Free-Float 64,9%
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Mean consensus BUY
Number of Analysts 22
Last Close Price 195 000,00 KRW
Average target price 280 454,55 KRW
Spread / Average Target 43,8%
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Managers and Directors
Eui-Sun Chung Chairman & Co-Chief Executive Officer
Hyung-Geun Bae Director & Head-Finance
Joon-Wu Choi Head-Legal & Compliance Support
Dae-Su Kim Independent Director
Brian D. Jones Independent Director
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