Hyundai Mobis seen attractive despite won-driven earnings pressure
Daiwa Capital analysts Henny Jung and Yoonki Bae say Hyundai Mobis remains attractive, even as won appreciation pressures earnings.
Hyundai Mobis remains attractive even as earnings come under pressure from the won's appreciation, Daiwa Capital's Henny Jung and Yoonki Bae say. The analysts describe the South Korean auto-component supplier as the primary hardware foundation for Hyundai Motor Group's physical artificial-intelligence initiative.