Original title: Mobis releases mid-to-long-term transformation strategy to speed up the research and development of automotive hardware and software platforms and systems
In recent years, as the development of global industrialization has entered a new stage, the reform of the automotive industry is in full swing, and the development is gradually showing electrification, intelligence, networking, and sharing. In order to enhance core competitiveness and maintain long-term growth potential, Mobis is constantly adjusting its industrial structure in accordance with the current development status, and is committed to transforming its main business from traditional auto parts manufacturing to a platform and system that combines software and hardware. Research and development.

It is reported that Mobis currently spends US$900 million in direct investment in technology research and development, and is expected to increase to US$1.5 billion by 2025. Especially in order to expand the research and development of independent technology, it is estimated that by 2025, 40% of the research and development expenses will be used for research and development of cutting-edge technology, which is an increase of 26% compared to the current one.
"Mobis will accelerate its transformation and upgrading in the future, promote the development of platforms and systems integrating software and hardware, and cultivate Mobis' advantages in participating in international competition in the new situa
Original title: Mobis releases mid-to-long-term transformation strategy to speed up the research and development of automotive hardware and software platforms and systems
In recent years, as the development of global industrialization has entered a new stage, the reform of the automotive industry is in full swing, and the development is gradually showing electrification, intelligence, networking, and sharing. In order to enhance core competitiveness and maintain long-term growth potential, Mobis is constantly adjusting its industrial structure in accordance with the current development status, and is committed to transforming its main business from traditional auto parts manufacturing to a platform and system that combines software and hardware. Research and development.

It is reported that Mobis currently spends US$900 million in direct investment in technology research and development, and is expected to increase to US$1.5 billion by 2025. Especially in order to expand the research and development of independent technology, it is estimated that by 2025, 40% of the research and development expenses will be used for research and development of cutting-edge technology, which is an increase of 26% compared to the current one.
"Mobis will accelerate its transformation and upgrading in the future, promote the development of platforms and systems integrating software and hardware, and cultivate Mobis' advantages in participating in international competition in the new situation."
-Head of Planning Department
Vice President Jeong Soo Kyung

Mobis' mid- and long-term development strategy
Mobis' medium and long-term development strategy consists of three main axes: X, Y, and Z:

The development direction of X-axis is to continue to promote the innovation of global business, continuously strengthen the core technologies of future automobiles in the fields of electrification, car networking, autonomous driving, etc., tap potential overseas markets, carry out strategic investment in global potential companies, and accelerate openness. Innovative footsteps.
The most representative of these is the signing of a strategic investment and a partnership with the US lidar company Velatron to jointly develop L3 level autonomous driving lidar systems. It also invested in the British AR HUD developer Envisics to build a new travel ecology in the future.
The development direction of the Y-axis is to promote the innovation of the business model, meet the needs of users, and expand the scale of the travel mobile service market.
In 2019, Mobis cooperated with Yandex, a Russian IT company, focusing on the research and development of L4 level driverless Robotaxi. Mobis also plans to provide a dedicated platform to global manufacturers of electric vehicles, PBV (mobile travel vehicles) and other manufacturers to accelerate the improvement of professional capabilities. In addition, by building the value chain of the mobile travel service industry, we will build a smart factory that relies on AI and big data.
The Z-axis refers to the accumulation of long-term development momentum driven by technological reforms, to explore new growth points in the business, and respond to other development areas except the automobile industry in the next 10 years.

From the perspective of the entire group, the development model of UAM (Urban Air Traffic) is currently being explored, and Mobis is also actively exploring its own growth points, especially in the fields of electric propellants, aviation electrical equipment, and braking systems.
In the past two years, the new crown epidemic has ravaged the world, bringing tremendous changes and challenges to the world economy, and opportunities also lie in them. Mobis’ mid- to long-term development strategy just seizes this opportunity to accelerate the speed of industrial transformation, expand the layout of industrial development, and lay the foundation for the development of technologies such as electrification, intelligent networking, and autonomous driving. At the same time, it will continue to explore future developments such as UAM and Robotaxi. field.