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- Mobis hosts the "5th Mobis Mobility Day," open innovation event under the theme of "Robotics and Physical AI"
- Attendance by representatives from startups, global automakers, and investors doubles from last year, reflecting the achievements accumulated around Silicon Valley over the past five years
-The company aims to strengthen competitiveness in new business areas by discovering promising global companies at an early stage and plans to host an additional event in Asia in the second half of the year
SAN FRANCISCO, May 19, 2026 /PRNewswire/ -- Hyundai Mobis (KRX 012330) hosted an event in Silicon Valley to identify global partners and expand collaboration in robotics and physical AI. The company plans to broaden open innovation it has pursued in the mobility sector toward new business areas to proactively strengthen its competitiveness.
Hyundai Mobis announced that it held the "5th Mobis Mobility Day" in Sunnyvale near Silicon Valley on May 18 (local time). Mobis Mobility Day is the company's flagship open innovation event, where local startups, global automakers, and investment industry representatives are invited to share mid- to long-term business strategies while exploring collaboration and investment opportunities.
Mobis Mobility Day, held for the fifth time this year, was themed on robotics and physical AI. In addition to mobility industry representatives, a large number of companies and developers in new business areas also attended, showing deep interest. Attendance reached around 400 participants, more than double the number from last year. This reflects the accumulated achievements of investment and technology exchanges in Silicon Valley over the past five years, as well as heightened local interest and trust in Hyundai Mobis.
The event consisted of presentations and networking sessions involving local startups, investors, and Hyundai Mobis representatives, demonstrating that robotics and artificial intelligence are major topics in Silicon Valley. While IT and semiconductor startups previously focused on seeking investment opportunities, investors are now actively seeking out promising companies with core technologies in new business areas.
At the event, Hyundai Mobis shared its investment and R&D strategies in the robotics field, while employees from Hyundai Mobis Technical Center of North America also presented the company's achievements in autonomous driving, Software-Defined Vehicles (SDVs), and electrification. In particular, with the full-scale operation of Hyundai Group Metaplant and orders from global customers in North America, the company engaged in in-depth discussions with representatives from local automakers.
Hyundai Mobis plans to host an additional Mobis Mobility Day in Asia in the second half of this year. As the company takes the lead in building a global auto component ecosystem in the robotics field, Hyundai Mobis believes it is crucial to establish cooperative relationships with promising global companies in regions beyond North America. Accordingly, the company plans to expand open innovation it has previously focused on in North America and Europe, while accelerating the early discovery of promising local companies in new business areas such as robotics and automotive semiconductors.
About Hyundai Mobis
Hyundai Mobis is the global no. 6 automotive supplier, headquartered in Seoul, Korea. Hyundai Mobis has outstanding expertise in sensors, sensor fusion in ECUs and software development for safety control. The company's products also include various components for electrification, brakes, chassis and suspension, steering, airbags, lighting, and automotive electronics. Hyundai Mobis operates its R&D headquarters in Korea, with four technology centers in the United States, Germany, China, and India. For more information, please visit the website at http://www.mobis.com.
Media Contact
Choon Kee Hwang : ckhwang@mobis.com
Jihyun Han : jihyun.han@mobis.com
- Mobis hosts the "5th Mobis Mobility Day," open innovation event under the theme of "Robotics and Physical AI"
- Attendance by representatives from startups, global automakers, and investors doubles from last year, reflecting the achievements accumulated around Silicon Valley over the past five years
-The company aims to strengthen competitiveness in new business areas by discovering promising global companies at an early stage and plans to host an additional event in Asia in the second half of the year
SAN FRANCISCO, May 19, 2026 /PRNewswire/ -- Hyundai Mobis (KRX 012330) hosted an event in Silicon Valley to identify global partners and expand collaboration in robotics and physical AI. The company plans to broaden open innovation it has pursued in the mobility sector toward new business areas to proactively strengthen its competitiveness.
Hyundai Mobis announced that it held the "5th Mobis Mobility Day" in Sunnyvale near Silicon Valley on May 18 (local time). Mobis Mobility Day is the company's flagship open innovation event, where local startups, global automakers, and investment industry representatives are invited to share mid- to long-term business strategies while exploring collaboration and investment opportunities.
Mobis Mobility Day, held for the fifth time this year, was themed on robotics and physical AI. In addition to mobility industry representatives, a large number of companies and developers in new business areas also attended, showing deep interest. Attendance reached around 400 participants, more than double the number from last year. This reflects the accumulated achievements of investment and technology exchanges in Silicon Valley over the past five years, as well as heightened local interest and trust in Hyundai Mobis.
The event consisted of presentations and networking sessions involving local startups, investors, and Hyundai Mobis representatives, demonstrating that robotics and artificial intelligence are major topics in Silicon Valley. While IT and semiconductor startups previously focused on seeking investment opportunities, investors are now actively seeking out promising companies with core technologies in new business areas.
At the event, Hyundai Mobis shared its investment and R&D strategies in the robotics field, while employees from Hyundai Mobis Technical Center of North America also presented the company's achievements in autonomous driving, Software-Defined Vehicles (SDVs), and electrification. In particular, with the full-scale operation of Hyundai Group Metaplant and orders from global customers in North America, the company engaged in in-depth discussions with representatives from local automakers.
Hyundai Mobis plans to host an additional Mobis Mobility Day in Asia in the second half of this year. As the company takes the lead in building a global auto component ecosystem in the robotics field, Hyundai Mobis believes it is crucial to establish cooperative relationships with promising global companies in regions beyond North America. Accordingly, the company plans to expand open innovation it has previously focused on in North America and Europe, while accelerating the early discovery of promising local companies in new business areas such as robotics and automotive semiconductors.
About Hyundai Mobis
Hyundai Mobis is the global no. 6 automotive supplier, headquartered in Seoul, Korea. Hyundai Mobis has outstanding expertise in sensors, sensor fusion in ECUs and software development for safety control. The company's products also include various components for electrification, brakes, chassis and suspension, steering, airbags, lighting, and automotive electronics. Hyundai Mobis operates its R&D headquarters in Korea, with four technology centers in the United States, Germany, China, and India. For more information, please visit the website at http://www.mobis.com.
Media Contact
Choon Kee Hwang : ckhwang@mobis.com
Jihyun Han : jihyun.han@mobis.com
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Hyundai Mobis Seeks Robotics Technology Alliances in U.S. Silicon Valley!
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ZURICH, May 26, 2026 /PRNewswire/ -- 1291 Group, a Swiss-founded independent insurance broker specializing in wealth protection and life-insurance solutions for high-net-worth families and their professional advisers, has acquired International Planning Group (IPG).
The transaction provides 1291 Group with onshore access to the US market, the largest life insurance market in the world, together with access to US-domiciled insurance carriers and products.
The acquisition accelerates 1291 Group's growth across the Americas, deepens its exposure to traditional life insurance, and complements its established expertise in tailored solutions, while bringing IPG's existing client and partner relationships into the Group.
For high-net-worth families worldwide with a US nexus, it enables the Group to provide more support and greater depth in creating structures that are compliant and built for the long term.
IPG is a pioneer of the international life insurance industry, specializing in sophisticated life insurance-based strategies for wealth structuring for high-net-worth families, as well as executive benefit solutions for companies worldwide.
1291 Group Americas will temporarily operate IPG under its current brand as a wholly owned subsidiary. This ensures seamless continuity for clients and advisers. Financial terms are not being disclosed.
Marc-Andre Sola, Founder of 1291 Group, said: "We are honored to continue the legacy of this pioneering company that has played such a significant role in traditional life insurance across the Americas, Asia and the Middle East. By bringing our respective strengths together, we are creating a far stronger platform with greater reach and capability for the families and advisers we serve."
Jon Baker, Founder of IPG, commented: "I am confident that 1291 Group is the right step for our clients, our team, and the relationships we have carefully cultivated. The businesses are highly complementary, with a shared culture of placing the needs of clients first. I look forward to the continued service and stability that will follow."
Peter Guglietta, CEO of 1291 Group Americas and Group Head of Products (previously with IPG for 19 years), added: "I am both thrilled and humbled to lead the new business in the Americas. This acquisition will yield an organization unmatched in the industry. We remain focused on delivering seamless continuity while leveraging enhanced capabilities to serve clients across the Americas."
About 1291 Group
1291 Group provides life-insurance and wealth protection solutions to safeguard family wealth across generations. With offices worldwide, we are licensed in over 35 countries and offer tax-compliant solutions in more than 60 countries, delivering global expertise with local insight, and guiding families and their advisers through complex financial landscapes with clarity and discretion.
About IPG
IPG has provided specialized insurance solutions across the Americas for decades, with particular strength in sophisticated life insurance-based strategies for wealth structuring and transfer planning for high-net-worth individuals and families.
Media Contact:
Anthony Hopson
Head of Marketing
1291 Group
hopson@1291group.com
ZURICH, May 26, 2026 /PRNewswire/ -- 1291 Group, a Swiss-founded independent insurance broker specializing in wealth protection and life-insurance solutions for high-net-worth families and their professional advisers, has acquired International Planning Group (IPG).
The transaction provides 1291 Group with onshore access to the US market, the largest life insurance market in the world, together with access to US-domiciled insurance carriers and products.
The acquisition accelerates 1291 Group's growth across the Americas, deepens its exposure to traditional life insurance, and complements its established expertise in tailored solutions, while bringing IPG's existing client and partner relationships into the Group.
For high-net-worth families worldwide with a US nexus, it enables the Group to provide more support and greater depth in creating structures that are compliant and built for the long term.
IPG is a pioneer of the international life insurance industry, specializing in sophisticated life insurance-based strategies for wealth structuring for high-net-worth families, as well as executive benefit solutions for companies worldwide.
1291 Group Americas will temporarily operate IPG under its current brand as a wholly owned subsidiary. This ensures seamless continuity for clients and advisers. Financial terms are not being disclosed.
Marc-Andre Sola, Founder of 1291 Group, said: "We are honored to continue the legacy of this pioneering company that has played such a significant role in traditional life insurance across the Americas, Asia and the Middle East. By bringing our respective strengths together, we are creating a far stronger platform with greater reach and capability for the families and advisers we serve."
Jon Baker, Founder of IPG, commented: "I am confident that 1291 Group is the right step for our clients, our team, and the relationships we have carefully cultivated. The businesses are highly complementary, with a shared culture of placing the needs of clients first. I look forward to the continued service and stability that will follow."
Peter Guglietta, CEO of 1291 Group Americas and Group Head of Products (previously with IPG for 19 years), added: "I am both thrilled and humbled to lead the new business in the Americas. This acquisition will yield an organization unmatched in the industry. We remain focused on delivering seamless continuity while leveraging enhanced capabilities to serve clients across the Americas."
About 1291 Group
1291 Group provides life-insurance and wealth protection solutions to safeguard family wealth across generations. With offices worldwide, we are licensed in over 35 countries and offer tax-compliant solutions in more than 60 countries, delivering global expertise with local insight, and guiding families and their advisers through complex financial landscapes with clarity and discretion.
About IPG
IPG has provided specialized insurance solutions across the Americas for decades, with particular strength in sophisticated life insurance-based strategies for wealth structuring and transfer planning for high-net-worth individuals and families.
Media Contact:
Anthony Hopson
Head of Marketing
1291 Group
hopson@1291group.com
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
1291 Group Acquires IPG, Strengthening Global Wealth Protection Across the Americas
