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Showing posts from October, 2024

Proposed Amendment to the Resource Circulation Act for Electronics

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Electronics Resource Circulation The Ministry of Environment (ME) announced a new amendment to the Resource Circulation Act on September 25, expanding recycling obligations to cover all electronic devices, including small products like wireless earphones and portable fans. This change is expected to enable the recycling of 76,000 tons of additional waste annually, generating over 200 billion KRW in benefits. Newly added items include multifunctional products and small imports, while industrial equipment and military supplies will remain exempt. The amendment is set to take effect in 2026, following stakeholder feedback and a grace period for smooth implementation. 👉 Contact GCA Tel. +82-31-360-8180 Email: forest.lee@gca-kr.com GCA Global Website

Hyundai Mobis Achieves First Cybersecurity Certification in Asia

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  Vehicle Cyber Security (VCS) Hyundai Mobis has become the first Asian automotive parts supplier to receive the Vehicle Cyber Security (VCS) certification from the European Network Exchange (ENX). This certification, awarded at a ceremony held at the Hyundai Mobis R&D Center in Yongin, Gyeonggi Province, confirms the company’s compliance with Europe’s stringent cybersecurity standards. As of July 2024, Europe has mandated VCS certification for all newly registered vehicles to protect against cyber threats, such as hacking and data breaches. This regulation reflects the rising importance of cybersecurity, especially as Software-Defined Vehicles (SDV) with integrated IT functions become more common in the market. Hyundai Mobis’s successful certification demonstrates its advanced capabilities in vehicle cybersecurity, boosting its global competitiveness and paving the way for securing future orders and expanding its presence in the international market. If you have any questions rega