Hyundai Mobis expects orders worth USD1.1 billion from China this year
Korean supplier is witnessing strong demand for high-value products such as premium sound systems, HUDs
Hyundai Mobis expects to secure orders worth KRW1 trillion (USD1.1 billion) from China this year amid recovering sales following the improvement of relations between China and South Korea, The Korea Herald reported on 8 May. The leading Korean supplier has already secured new orders worth USD423 million in China since the beginning of this year, said the report citing the company. This represents a 46% increase over USD289 million order the company received during 2017.
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