- CEO
- Hyung-Hwan Lee
- Full Time Employees
- 440
- Sector
- Producer manufacturing
- Industry
- Auto parts: OEM
- Address
- 25, Hwangsaeul-ro 258beon-gil Seongnam-si GY South Korea 13595
- IPO Date
- Aug 4, 2017
- Business
- Motrex Co., Ltd (118990.KQ) develops and manufactures in-vehicle infotainment (IVI) products and automotive human machine interface (HMI) solutions primarily for the automotive sector in South Korea and internationally, supplying systems to more than 70 countries through nine global branches; core offerings include audio video (AV) systems, audio video navigation (AVN), audio video navigation telematics, rear seat entertainment (RSE) systems featuring video, music, and video-on-demand (VOD) content, digital cluster systems, around view monitors (AVM), head-up displays (HUD), application keys, driver health monitoring systems, occupant monitoring systems, dash cams, pinch alert sensors, air purifiers, wireless chargers, automotive intelligent docking adaptors (AIDA), and TIACORE 3D graphics display technology for enhanced driver and passenger visuals. Founded in 2001 and headquartered at 25 Hwangsaeul-ro 258beon-gil, Bundang-gu, Seongnam-si, Gyeonggi-do, South Korea, the company targets original equipment manufacturers (OEMs) and serves markets including premium highway buses, smart patrol cars, police black boxes, and IT convergence vehicle infotainment content development, with approximately 446-460 employees focused on innovation in autonomous vehicles and IoT-enabled connected car technologies. Recent developments encompass a 2025 board-authorized share buyback plan, with an initial tranche from April 23 to June 30, 2025, repurchasing 140,000 shares (0.56% of capital) for KRW 1,280.01 million to optimize capital structure; a strategic partnership with Kazakhstan's Astana Motors, licensed in April 2023 and culminating in the September 2024 technical opening of a multimedia systems production plant in Almaty with annual capacity of 100,000 units to localize component manufacturing; and a discussed $105 million vehicle manufacturing and assembly plant project in Nepal announced in 2024 to produce 1,000 vehicles annually, alongside improving returns on capital employed to 7.3% as of September 2025 through reinvestment in production facilities and R&D for smart car advancements.