MOBASE ELECTRONICS CO., LTD.
KKRX:0128602,140.00
KRW
-90.00
(-4.04%)
ISIN
KR7012860003
Return %
Stock
S&P 500
1Y
57.82
14.20
3Y
12.28
81.12
5Y
-3.82
68.34
Capital Structure
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in mil. unless spec.Company Description
- Full Time Employees
- 1,202
- Sector
- Producer manufacturing
- Industry
- Auto parts: OEM
- Address
- Suwon-si South Korea
- IPO Date
- Oct 26, 1994
- Website
- mobaseelec.com
- Similar Companies
- Business
- MOBASE ELECTRONICS CO., LTD. is a South Korea-based automotive electronics manufacturer that specializes in the research, design, engineering, and mass production of advanced electronic control units, vehicle security systems, human-machine interface components, and electric vehicle powertrain and battery management solutions. Established in 1978 as Shin Chang Electrics Co., Ltd. and formerly known as Seoyon Electronics Co., Ltd. before its rebranding in 2019, the company is headquartered in Suwon-si, Gyeonggi-do, South Korea, and operates as a core subsidiary of Mobase Co., Ltd. The company's comprehensive product portfolio is organized across several core automotive electronics categories: vehicle security and smart access systems, encompassing smart key systems, smart key FOBs, electronic immobilizers, electronic steering column locks (ESCL), remote keyless entry transmitters, mechanical car lock sets, and ultrasonic interior protection (UIP) sensors; body control and electronic architectures, encompassing integrated body units (IBU), body domain controllers (BDC), central body control modules (BCM), smart junction boxes (SJB), central gateway modules, and power seat/window control modules; switches and human-machine interface (HMI) solutions, encompassing multi-function column switches, steering wheel remote control switches, power window switches, hazard switches, integrated center-fascia control panels, and handwriting recognition integrated controllers; electric vehicle (EV) and battery systems, encompassing battery management modules (BMM), battery management system printed board assemblies (PBA), battery disconnect units, high-voltage power distribution boxes, and high-power in-vehicle wireless charging systems; and intelligent mobility solutions, encompassing main controller boards, power distribution systems, and wiring assemblies for autonomous robotics. Mobase Electronics operates manufacturing facilities, sales offices, and research and development centers across South Korea, China, India, Poland, Mexico, and the United States, serving global automotive original equipment manufacturers (OEMs) and battery producers including Hyundai Motor Company, Kia Corporation, Genesis, Samsung SDI, Rivian, Lucid Motors, Volvo, and Ceer Motors. In recent developments, Mobase Electronics has accelerated its expansion into electric mobility, software-defined vehicle architectures, and advanced robotics, driving its cumulative order backlog toward KRW 1.75 trillion. The company has deepened its strategic partnership with Samsung SDI through multi-year supply contracts for electric vehicle battery module assemblies, and established a joint development initiative with Saudi Arabian electric vehicle manufacturer Ceer Motors to commercialize high-capacity 22kW in-vehicle wireless charging technologies. Additionally, Mobase Electronics has expanded beyond conventional passenger vehicles by supplying central control mainboards and wiring systems for Hyundai Motor Group's Mobile Eccentric Droid (MobED) robotic platform, partnered with UltraSense Systems to develop solid-state touch and force-sensing smart surface switchgear, and optimized its corporate portfolio under the Mobase Group to reallocate capital into high-margin automotive electronics and electrified mobility platforms.