Business · Companies · 2 hrs ago
Hyundai Mobis to Make Atlas Actuator Prototypes as Profit Rises
Hyundai Mobis will make actuator prototypes for Boston Dynamics’ Atlas robot starting next month at its research center in Uiwang, South Korea.
Actuators turn control signals into movement and account for about 60% of a humanoid robot’s material costs.
The company and its customer will test the parts’ performance and reliability ahead of a supply start expected in 2028.
Hyundai Motor Group plans to use Atlas robots at its Georgia factory from 2028 for sorting parts, then expand them to assembly work from 2030.
Hyundai Mobis’ operating profit rose 17.2% in the third quarter to 914.1 billion won, while revenue increased 4.6% to 15.72 trillion won.
Net profit fell 35.7% to 598.4 billion won.
The company plans to expand its robotics parts business and expects its research and development spending to exceed 2 trillion won for the first time this year.
Hyundai Mobis said it will begin making actuator prototypes for Boston Dynamics’ Atlas humanoid robot next month.
The prototypes will be made at the company’s research center in Uiwang, South Korea.
The company plans to test performance and reliability with its customer ahead of expected supply in 2028.
Hyundai Mobis reported third-quarter operating profit of 914.1 billion won, up 17.2% from a year earlier.
It said revenue rose 4.6% to 15.7233 trillion won, while net profit fell 35.7% to 598.4 billion won.
- Who
- Hyundai Mobis will make the prototypes for Boston Dynamics’ Atlas robot.
- What
- It will produce actuator prototypes, a key component that drives the robot’s movements.
- When
- Production is due to begin next month. The company expects supply in 2028.
- Where
- At Hyundai Mobis’ research center in Uiwang, South Korea.
- Why
- To test performance and reliability with its customer ahead of expected supply in 2028.
This story does not have two clearly opposing sides.
Hyundai Mobis announced plans to make Atlas actuator prototypes and reported its third-quarter results.
Hyundai Mobis plans to begin producing the prototypes at its Uiwang research center.
Supply is expected to begin, and Atlas is expected to start sorting parts at Hyundai Motor Group’s Metaplant America in Georgia.
Atlas is expected to expand its work at the Georgia plant to include tasks such as assembling parts.
- Prototype component
- Actuator
- Prototype production site
- Hyundai Mobis research center in Uiwang, South Korea
- Third-quarter operating profit
- 914.1 billion won, up 17.2% year on year
- Third-quarter revenue
- 15.7233 trillion won, up 4.6% year on year
- Expected supply
- 2028
What people are saying
We expect annual research and development investment to exceed 2 trillion won for the first time by the end of this year