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Hyundai Wia to unify R&D hub in Uiwang to accelerate auto parts development
Date
2017.11.21
Views
940
According to Pulse by Maeil Business News Korea


Korea’s second biggest auto part maker Hyundai Wia Corp. will be integrating its R&D forces in its new development center in Uiwang, Gyeonggi Province to singularize and maximize its R&D capabilities for future mobility.

Hyundai Wia said on Monday the 130-strong lab forces in Hwaseong, 26 kilometers off from Uiwang, will move to the new base in January.

Hyundai Wia’s technology development team has been divided into two - one in charge of high-tech all wheel drive cars and powertrains in Hwaseong and the other responsible for motors and control systems in Uiwang.

Hyundai Wia purchased a land of 36,363 square meters near its Uiwang R&D center at 64.5 billion won ($58.8 million) from its sibling company Hyundai Rotem last year and sold off Hwaseong center site for 26 billion won to Hyundai Powertech last month. “The integration of the R&D team would help maximize the synergy to secure new growth engine,” said an official at the company.


Hyundai Wia Uiwang R&D center

By Kim Jung-hwan and Lee Ha-yeon

Copyrights Pulse by Maeil Business News Korea. All Rights Reserved.

Source: Pulse by Maeil Business News Korea (Nov. 21, 2017)


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