Hyundai Mobis cooperating with the Massachusetts Institute of Technology (MIT) has joined its Industrial Liaison Program (ILP) which is dedicated to creating and strengthening mutually beneficial relationships between MIT and corporations worldwide.
Global companies such as Hyundai Motor Company, BMW, Samsung, LG, Honda, and Denso are currently participating in this program, and now Hyundai Mobis has become the first mover among the Korean automotive suppliers to join.
MIT research labs are equipped with a diverse range of portfolios of multidisciplinary core technologies. Accordingly, it is expected to contribute to developing convergence technology for future cars such as ICT, healthcare, and new materials. Hyundai Mobis plans to quickly apply the cutting-edge technologies of startups to its vehicle systems through the startup matching provided by MIT.
Hyundai Mobis expects to further accelerate its initiative open innovation through these cooperative activities. It has a dedicated organization for open innovation in Korea and an open innovation center called ‘M.Cube’ in Silicon Valley, USA and is developing prospective global startups and promoting cooperation with global ICT companies.
Source: Press Release