Hyundai Mobis Co., auto parts unit of South Korean conglomerate Hyundai Motor Group, announced Wednesday that it set up a new quality control center in Dubai, the United Arab Emirates to meet customer needs and comply with regulatory requirements in the Middle East and Africa region.
It is the first time for the company to open a quality control center in a foreign country where it does not have manufacturing operations, said the company. It has been running four quality control centers abroad, in the United States, China, India, and Europe, until now.
The Dubai quality control center has product analysis and testing labs equipped with advanced tools such as temperature and pressure monitors.
Middle East and Africa market has become the Korean auto parts maker’s next land of promise following China, North America and Europe. There are nearly 5.1 million Hyundai Motor and Kia Motors - Hyundai Mobis’s auto affiliates - cars running in the region, making it as another key market for the Korean auto conglomerate.
Hyundai Mobis currently runs two distribution centers in the Middle East/Africa region - in Dubai and Egypt and it is supplying auto parts to 57 markets in the area.
Hyundai Mobis shares ended Wednesday at 263,500 won ($244.66), up 3,500 won or 1.35 percent from the previous session.
By Lee Seung-hoon and Cho Jeehyun
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