Hyundai Mobis unions plan Seoul protest over lamp business sale

8 articles · Updated · 매일경제 · May 11

The May 13 rally will be held outside Hyundai Mobis headquarters, with Hyundai IHL and UNITUS unions joining opposition to the planned transaction.
Hyundai Mobis and preferred bidder OPmobility have told staff jobs, labour conditions and plant operations in Gyeongju and Gimcheon will be maintained after a share sale.
The company is reshaping its portfolio around electrification and software, while the lamp division sale is expected to close in the first half of 2026 despite union resistance.

Is Hyundai Mobis selling a key technology for its own software-defined vehicle future by divesting its advanced lamp division?

Can a French firm succeed in a major Korean acquisition when a new law empowers unions to challenge the deal's core?