Dasan DMC Launches Connected Car Platform Service to Target Future Mobility Market
On June 23, Dasan DMC announced that it will actively target the future mobility market by leveraging the synergy between its automotive parts business and connected car platform business. Dasan DMC was established through the merger of Engis Technologies, a company specializing in connected car solutions, and DMC, a company specializing in automotive parts.
The automotive parts division of Dasan DMC secures sales and profits by supplying parts to global original equipment manufacturers (OEMs) such as Hyundai Motor and Kia, as well as major Tier 1 customers. The automotive division is responsible for platform solutions and, over the past four years, has been shifting its business structure from navigation-focused operations to those centered on telematics, software-defined vehicles (SDVs), and mobility platforms.
The automotive division has successfully developed telematics services for global OEMs in collaboration with domestic telecommunications companies, officially launching these services this month in conjunction with new vehicle releases. The company has also secured contracts for a second phase of service development and plans to pursue additional new orders from global OEMs in the second half of this year.
By leveraging the global OEM and Tier 1 network of its automotive parts division, Dasan DMC plans to propose connected car platforms and software services together, thereby establishing a differentiated business model that encompasses both hardware and software.
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Jang-sik Kim, CEO of Dasan DMC, stated, "As the only automotive Tier 1 company within the Dasan Group, Dasan DMC will play a key role in the group's entry into the automotive sector for AI semiconductors and advanced electronics. We aim to grow into a leading future mobility company by expanding our connected car, SDV, and mobility platform businesses."
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