# Hyundai Mobis to acquire semiconductor division of Hyundai Autron

Hyundai Mobis agreed to acquire the semiconductor division of affiliate Hyundai Autron for 133.2 billion won ($122 million) to enhance its automotive electronics development capabilities. The acquisition will take place on January 1, 2021.

- Type: Acquisition
- Announced: 2020-12-11
- Where: South Korea
- Value: $122.0M (133.2B KRW)
- Status: announced
- Products: automotive semiconductors, electronic control units
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Hyundai Mobis](https://endata.com/companies/10831.md) (acquirer)
- [Hyundai Autron](https://endata.com/companies/51803.md) (target)

## Sources

- [koreajoongangdaily.com](https://www.koreajoongangdaily.com/business/hyundai-mobis-to-buy-semiconductor-division/11627843), 2020-12-11: "Integration of developing the controller and the semiconductor for each system is expected to create a synergy effect."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.