Hyundai Mobis sells lamp unit to OPmobility for 600 bln won

Hyundai Mobis has agreed to sell its lamp business to France's OPmobility for 600 billion won (~$450M), a strategic divestiture that refocuses the Korean parts maker on core mobility components. The deal signals consolidation in the auto supply chain and provides OPmobility with expanded lighting technology and market access. Financial close and regulatory approvals remain pending.