Hyundai Mobis "45% of All Patents Filed Overseas This Year"

Cho Sung-hwan, President of Hyundai Mobis, is awarding researchers who filed outstanding global patents last year at the Excellent Job Invention Awards Ceremony held on the 9th at the Mabuk Research Center in Gyeonggi Province, and is taking a commemorative photo.

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[Asia Economy Reporter Kiho Sung] Hyundai Mobis is significantly increasing the proportion of overseas intellectual property (IP) applications. Hyundai Mobis aims to file a total of approximately 3,300 global IP applications domestically and internationally this year, with nearly half, about 1,500, planned to be filed overseas.

According to Hyundai Mobis on the 10th, the number of IP applications has been increasing significantly each year: 2,200 in 2020, 2,800 in 2021, and an estimated 3,300 in 2022. The share of overseas applications has also expanded during the same period, from 35% to 41%, and an estimated 45%. This strategy aims to enhance the quality of patents filed domestically to expand filings overseas and secure advantageous positions amid increasingly fierce international patent disputes.

Internal encouragement for IP applications continues as well. Hyundai Mobis held an 'Excellent Job Invention Awards Ceremony' yesterday at the Mabuk Research Center in Gyeonggi Province, attended by President Seonghwan Jo and other executives, selecting and awarding researchers who filed outstanding global patents last year.

At the Excellent Job Invention Awards Ceremony, a total prize money of 200 million KRW was distributed to about 50 researchers and their respective organizations based on patent performance. The top invention organization was the Cockpit Advanced Research Cell, which researches Hyundai Mobis’s future Purpose Built Vehicle (PBV) mobility.

Other outstanding IP technologies were selected evenly across all major core product areas of Hyundai Mobis, including autonomous vehicle control, fuel cell systems, slim-type headlamps, electronic braking systems, and advanced airbags. This is interpreted as Hyundai Mobis’s creative and flexible corporate culture promotion activities expanding into an original invention culture.

Hyundai Mobis encourages patent applications primarily through its domestic technology research centers and supports researchers by deploying patent experts and patent attorneys. Researchers receive step-by-step assistance from patent experts from project selection to reliability verification. This approach reduces design input time and allows researchers to focus on their core R&D tasks. Overseas research centers in North America and Europe utilize local patent agents to assist with patent applications optimized for each region.

Hyundai Mobis continuously enhances product competitiveness based on global intellectual property. Encouraging researchers’ IP applications and expanding the acquisition of promising external patents are part of the same strategy.

Kim Youngbin, Executive Director of Hyundai Mobis’s Planning Division, stated, “We will objectively measure inventors’ contributions and expand rewards while proactively responding to global patent disputes. We plan to utilize the secured patents and ideas appropriately in future mobility businesses to increase added value.”

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