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Korea

Hyundai Mobis to invest in automotive part manufacturing subsidiary

Several South Korean media sources reported that Hyundai Mobis Ltd. (Hyundai Mobis) will invest KRW 50 billion (JPY 5.5 billion) in Unitus Co., Ltd. (Unitus), a subsidiary specializing in automotive parts manufacturing. Unitus was established in 2022 by integrating some affiliates and subcontractors. It currently pro....

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