Hyundai Mobis Hosts the '2022 Algorithm Competition'

Winners of the '2022 Hyundai Mobis Algorithm Competition' hold a commemorative event at the awards ceremony held at the Hyundai Mobis headquarters.

Photo by Hyundai Mobis

[Asia Economy Reporter Yoo Hyun-seok] The 4th Hyundai Mobis Algorithm Competition this year concluded successfully with over 4,000 participants including university students and the general public.

Hyundai Mobis announced on the 18th that it held the awards ceremony for the '2022 Mobis Algorithm Competition' at its headquarters in Yeoksam, Seoul, attended by President Cho Sung-hwan and competition participants. This year’s competition was divided into student and general divisions.

Over the past month, the preliminary and final rounds were held online, attracting a total of about 4,000 participants including university students and the general public. The competition, which began in 2019 as an initiative to develop software capabilities among company employees, has gained great popularity since last year when it opened its doors to the general public.

The first-place winners in each division (student and general) received a certificate along with Hyundai Motor’s latest sports utility vehicle (SUV), the 'The All New Tucson.' In total, 100 winners, including the first-place winners, received prize money and awards amounting to approximately 150 million KRW, with 10 million KRW for second place and 5 million KRW for third place.

Participants competed by solving problems and submitting source code within a time limit using four computer programming languages (C, C++, JAVA, PYTHON). The top 100 from the preliminaries advanced to the finals to determine the final rankings.

In line with the competition’s purpose of discovering and nurturing software talent, outstanding participants are granted preferential hiring benefits such as exemption from document screening during job applications. This is part of a strategy to secure customized talent in the future mobility software (SW) field. In fact, some top performers from previous competitions have applied to and been hired by Hyundai Mobis.

Kim Doo-hwan, Head of Hyundai Mobis Recruitment Branding Unit, said, “This competition was a great opportunity to confirm applicants’ high interest and effort in software development,” adding, “We will continue to diversify programs to expand the base of software development and recruit excellent software talent.”

Hyundai Mobis is striving to develop core future mobility technologies such as autonomous driving, electric vehicles, and robotics, securing its future status as a leading platform and system company combining software (SW) and hardware (HW). The company plans to expand its business into areas utilizing future core competencies. To this end, it intends to secure proprietary technologies that can dominate the global market through annual research and development (R&D) investments exceeding 1 trillion KRW.

Accordingly, Hyundai Mobis is focusing on hiring software specialists under the slogan ‘All Together Recruiting.’ It conducts integrated recruitment based on the company’s software talent demand and actively hires outstanding software talent through coding tests. In addition, it is making efforts to secure software talent through various methods such as operating a research scholarship system via university contract departments and a recruitment-linked software academy.

Meanwhile, Hyundai Mobis plans to conduct a SW Top Talent Program in the second half of the year to spread a self-directed development culture and internalize software development capabilities.

This content was produced with the assistance of AI translation services.